balance of payments
noun phrase
: a summary of the international transactions of a country or region over a period of time including commodity and service transactions, capital transactions, and gold movements
Examples of balance of payments in a Sentence
Recent Examples on the Web
The worldwide and retaliatory tariffs dealt with a balance of payments deficit and thus had to conform with the limits of a separate law, Section 122 of the Trade Act, which deals specifically with such deficits.
—
Alden Abbott, Forbes.com, 30 May 2025
If anything, Newsom may even have downplayed the size of California’s negative balance of payments with the federal government.
—Michael Hiltzik, Los Angeles Times, 10 June 2025
Other states with a substandard balance of payments include California, New Hampshire, Minnesota, Utah and Illinois.
—Tobias Burns, The Hill, 2 June 2025
Section 122 allows the president to impose tariffs for 150 days in the event of a balance of payments deficit—the rationale behind many of Trump’s tariffs.
—Jill Goldenziel, Forbes.com, 1 June 2025
Key data sources include: • International Financial Statistics: Data from the International Monetary Fund (IMF), such as balance of payments (BOP) and international investment position (IIP) statistics, provide comprehensive information on cross-border transactions and financial positions.
—Yidi Xu, Forbes.com, 21 May 2025
Locked out of international bond markets due to sanctions, a further downturn in oil market prices could lead to an acute balance of payments problem for the Russian regime, his report concluded.
—Ross Rosenfeld, MSNBC Newsweek, 23 Apr. 2025
States with the lowest and highest balance of payments
As of 2022, New Mexico had the highest balance of payments, receiving more federal funds than what its businesses and residents paid in taxes to the federal government.
—Sara Chernikoff, USA TODAY, 24 Feb. 2025
New Jersey and Washington followed with a balance of payments in the negative.
—Sara Chernikoff, USA TODAY, 24 Feb. 2025
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Alden Abbott, Forbes.com, 30 May 2025
If anything, Newsom may even have downplayed the size of California’s negative balance of payments with the federal government.
—Michael Hiltzik, Los Angeles Times, 10 June 2025
Other states with a substandard balance of payments include California, New Hampshire, Minnesota, Utah and Illinois.
—Tobias Burns, The Hill, 2 June 2025
Section 122 allows the president to impose tariffs for 150 days in the event of a balance of payments deficit—the rationale behind many of Trump’s tariffs.
—Jill Goldenziel, Forbes.com, 1 June 2025
Key data sources include: • International Financial Statistics: Data from the International Monetary Fund (IMF), such as balance of payments (BOP) and international investment position (IIP) statistics, provide comprehensive information on cross-border transactions and financial positions.
—Yidi Xu, Forbes.com, 21 May 2025
Locked out of international bond markets due to sanctions, a further downturn in oil market prices could lead to an acute balance of payments problem for the Russian regime, his report concluded.
—Ross Rosenfeld, MSNBC Newsweek, 23 Apr. 2025
States with the lowest and highest balance of payments
As of 2022, New Mexico had the highest balance of payments, receiving more federal funds than what its businesses and residents paid in taxes to the federal government.
—Sara Chernikoff, USA TODAY, 24 Feb. 2025
New Jersey and Washington followed with a balance of payments in the negative.
—Sara Chernikoff, USA TODAY, 24 Feb. 2025
Cite this Entry
“Balance of payments.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/balance%20of%20payments. Accessed 4 Jul. 2025.
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