The Balance of Payments (BoP) and International Investment Position (IIP) are some of New Zealand's key economic statistics. Put simply, the BoP measures economic transactions between New Zealand residents and the rest of the world. It also draws a series of balances between inward and outward transactions, provides an overall net flow of transactions between New Zealand residents and the rest of the world, and reports how that flow is funded. Economic transactions include: exports and imports of goods such as agricultural products, raw materials, machinery and transport equipment, computers, textiles, clothing , and footwear exports and imports of services such as international transport, travel and business services primary income flows such as dividends and interest earned by non -residents on investments in New Zealand and by New Zealanders investing abroad secondary income flows are offsetting entries to any one-sided transactions listed above, such as foreign aid and funds brought by migrants to New Zealand financial flows such as investment in shares, debt securities and loans New Zealand's BoP statement comprises the current and capital accounts (which record the value of New Zealand's transactions in goods, services, income, and transfers with non-residents) and the financial account (which records financial transactions in international assets and liabilities. In recent years, with growing interest in the level of foreign investment and debt, more emphasis has been placed on New Zealand's IIP statistics. These statistics measure the level (or stock) of foreign investment in New Zealand and New Zealand investment abroad at the end of a specified period. The difference between foreign investment in New Zealand and New Zealand investment abroad is referred to as New Zealand's net IIP. The IIP statistics may be split to show, separately, New Zealand's foreign debt and equity investment. The balance of payments and international investment position statistics are used: Domestically, by those engaged in financial market operation, policy development and the provision of advice and analysis, including government agencies, especially the New Zealand Treasury and the Reserve Bank of New Zealand. Internationally, by major credit rating agencies in their assessments of New Zealand, and by the International Monetary Fund (IMF) in its economic monitoring and assessment role.