Overview · 2005–2025
How economies earn their living
Across: what an economy earns by selling goods and services abroad, its goods and services balance. Up: what it earns on its foreign assets, after paying foreigners on theirs, its primary income balance. Both as a share of GDP, a year at a time. Press play to watch economies move between trading and living off what they own abroad.
Latest: 2026 Q2 (IIP), 2026 Q2 (quarterly BOP and GDP), 2025 (WDI)
Filters · 37 of 37 economies
- World Development Indicators · World Bank, CC BY 4.0 ·
BN.GSR.GNFS.CD,BN.GSR.FCTY.CD,NY.GDP.MKTP.CD,NY.GDP.PCAP.CD· 2005–2025, annual · read 1 Nov 2026 · via money-flow method - International Investment Position (IIP) · IMF, open, with attribution · 2005–2025, last published quarter of each year · read 27 Oct 2026 · via money-flow method
- Credit to the non-financial sector (GDP for every ratio) · BIS, open, with attribution · via money-flow method
Calculations: datasteg. Shown, not scored: none of these numbers enters the vulnerability score V or the flow score F.
In Q2 2026, funding left 8 of 36 borrowing economies, the largest withdrawal from Japan (−45.3 bn); world goods trade in the 12 months to Jul 2026 was 22.1 tn, +3.5% on the 3 months a year earlier (momentum).
This build · 2 Nov 2026
- FRED, Federal Reserve H.4.1 and H.10 series · Federal Reserve Board, via FRED (St. Louis Fed), public domain, citation requested ·
DTWEXBGS,SWPT,WMTSECL1· 53 weeks to 2 Nov 2026 · read 31 Oct 2026 · via money-flow method - Treasury International Capital (TIC), SLT table 1 · US Treasury, public domain ·
slt_table1· to Aug 2026, monthly · read 27 Oct 2026 · via money-flow method
Pulse to 2 Nov 2026, as money-flow release 20261102.2 publishes it (53 Wednesdays; the dollar index is Jan 2006 = 100). The World page on money-flow →
Economies to watch
Q2 2026The top five of the stress signals board this quarter: most signals at threshold first, then the highest vulnerability score. With the direction of funding and the latest 12-month export change.
| Economy | Signals | V | F | Exports y/y | On money-flow |
|---|---|---|---|---|---|
| Australia | 3 | 66 | +12.8 | +11.4% | money-flow → |
| Greece at risk | 2 | 60 | −2.7 | +12.2% | money-flow → |
| Canada | 2 | 58 | +13.9 | +7.5% | money-flow → |
| Norway | 2 | 34 | +65.6 | +8.8% | money-flow → |
| UK | 1 | 67 | +12.6 | +6.3% | money-flow → |
- Locational banking statistics (LBS) · BIS, open, with attribution · Q2 2026, quarterly · read 30 Oct 2026 · via money-flow method
- Consolidated banking statistics (CBS) · BIS, open, with attribution · Q2 2026, quarterly · read 30 Oct 2026 · via money-flow method
- Debt securities statistics (DSS) · BIS, open, with attribution · Q2 2026, quarterly · read 27 Oct 2026 · via money-flow method
- International Reserves and Foreign Currency Liquidity (IRFCL) · IMF, open, with attribution · Q2 2026, quarterly · read 29 Oct 2026 · via money-flow method
- UN Comtrade, goods trade by reporter and partner · UN Statistics Division, derived records only (shares × world total) · 12-month windows to Jul 2026 · read 2 Nov 2026 · via trade-flow method
Calculations: datasteg global-network.
Digest at this build
Q2 2026In Q2 2026, funding left 8 of the 36 borrowing economies. The largest withdrawal was from Japan, 45.3 bn over the quarter.
What changed
Q2 2026 · Jul 2026Joint moves first (funding and trade in the same economy or chain), then the parents’ own threshold crossings. No model behind any of them.
- Q2 2026Lithium-ion batteries and electric cars: the chokepoint moved from Lithium carbonate to Lithium hydroxide (2024) while funding left China, a top exporter of the stage (77% of world exports), F +7.9 → −4.9
- Q2 2026Rare earths, magnets and motors: the chokepoint moved from Rare-earth ore (no own code) to Permanent magnets of metal (NdFeB, SmCo) (2024) while funding left China, a top exporter of the stage (64% of world exports), F +7.9 → −4.9
- Q2 2026Rare earths, magnets and motors: the chokepoint moved from Rare-earth ore (no own code) to Permanent magnets of metal (NdFeB, SmCo) (2024) while funding left Japan, a top exporter of the stage (9% of world exports), F +5.4 → −7.7
- Q2 2026Cotton and polyester to clothing: the chokepoint moved from none to Woven and knitted fabric (2024) while funding left China, a top exporter of the stage (53% of world exports), F +7.9 → −4.9
- Q2 2026Canada: the stress count fell below 3, 3 → 2 (J2 J5) · Stress signals →
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