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HandWiki. Current Account. Encyclopedia. Available online: https://encyclopedia.pub/entry/36181 (accessed on 22 September 2026).
HandWiki. Current Account. Encyclopedia. Available at: https://encyclopedia.pub/entry/36181. Accessed September 22, 2026.
HandWiki. "Current Account" Encyclopedia, https://encyclopedia.pub/entry/36181 (accessed September 22, 2026).
HandWiki. (2022, November 24). Current Account. In Encyclopedia. https://encyclopedia.pub/entry/36181
HandWiki. "Current Account." Encyclopedia. Web. 24 November, 2022.
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In economics, a country's current account is one of the two components of its balance of payments, the other being the capital account (also known as the financial account). The current account consists of the balance of trade, net primary income or factor income (earnings on foreign investments minus payments made to foreign investors) and net unilateral transfers, that have taken place over a given period of time. The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both government and private payments are included in the calculation. It is called the current account because goods and services are generally consumed in the current period.
current account balance
current account deficit
foreign assets
References
- BEA-U.S. International Transactions, Third Quarter 2018 https://www.bea.gov/news/2018/us-international-transactions-third-quarter-2018
- shyam (18 August 2009). Understanding The Current Account In The Balance Of Payments.
- "FRB: Speech, Bernanke – The Global Saving Glut and the U.S. Current Account Deficit". March 10, 2005. http://www.federalreserve.gov/boarddocs/speeches/2005/200503102/.
- Heiner Flassbeck: Wege aus der Eurokrise. YouTube https://www.youtube.com/watch?v=mfKuosvO6Ac
- Paul Krugman Blog: Germans and Aliens, available on line at: http://krugman.blogs.nytimes.com/2012/01/09/germans-and-aliens/
- Joseph Stiglitz: Is Mercantilism Doomed to Fail?, Online verfügbar unter https://www.youtube.com/watch?v=D207fSLnxHk
- Central Intelligence Agency. "The World Factbook". https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html.
- Current Account Sustainability and Relative Reliability https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html https://www.federalreserve.gov/pubs/ifdp/2008/947/default.htm
- Analysis, US Department of Commerce, BEA, Bureau of Economic. "Bureau of Economic Analysis". https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm.
- Ellen Frank, Where Do U.S.A Dollars Go When the United States Runs a Trade Deficit? from Dollars & Sense magazine, March/April 2004. http://www.dollarsandsense.org/archives/2004/0304dollar.html
- "About". OECD. nd. http://www.oecd.org/about/.
- "Periodical Quarterly Statistics of International Trade: Trends and Indicators". OECD. 2015. ISSN 2313-0857. http://www.keepeek.com/Digital-Asset-Management/oecd/trade/oecd-quarterly-international-trade-statistics/volume-2015/issue-3_int_trade-v2015-3-en. Retrieved 24 December 2015.
- Central Intelligence Agency (2008-01-03). "Where in the World is Mt. Kilimanjaro? Visit the CIA World Factbook to Find Out". https://www.cia.gov/news-information/featured-story-archive/2008-featured-story-archive/world-factbook.html.
- "Country Comparison: Current Account Balance". CIA. 2015. https://www.cia.gov/library/publications/resources/the-world-factbook/rankorder/2187rank.html.
- Nandi, Shreya (2019-06-28). "Current account deficit widens to 2.1% of GDP" (in en). https://www.livemint.com/news/india/fy19-current-account-deficit-inches-up-to-2-1-but-more-than-halves-in-q4-rbi-1561726011873.html.
- "Current Account Deficits: Is There a Problem?". International Monetary Fund. 28 March 2012. http://www.imf.org/external/pubs/ft/fandd/basics/current.htm.
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