Current Account
The current account records trade in goods and services, primary income, and secondary income between residents and nonresidents.
Current-account balance, deficit, and surplus terms used in currency and sovereign-risk analysis.
Current-Account Measures covers current accounts, trade balances, balance-of-payments measures, capital flows, external financing, development institutions, and trade-flow concepts used in finance.
Use these pages when a country, company, currency, sovereign borrower, or portfolio exposure depends on foreign receipts, foreign payments, capital inflows, or external funding pressure. It sits inside Balance of Payments and External Accounts, so readers can move up when the broader economics context matters.
This landing page points readers toward Current Account, Current Account Balance, Current Account Deficit, and Current Account Surplus. Choose the narrower page when the term changes the evidence source, calculation, institution, market convention, risk exposure, or decision being made.
| Area | Use it for |
|---|---|
| Current Account | The current account records trade in goods and services, primary income, and secondary income between residents and nonresidents. |
| Current Account Balance | Current account balance is the net result of trade, income, and transfers between an economy and the rest of the world. |
| Current Account Deficit | A current account deficit means an economy’s imports, income payments, and transfers exceed its exports and income receipts. |
| Current Account Surplus | A current account surplus means an economy’s exports, income receipts, and transfers exceed its imports and income payments. |
External-balance material is educational and does not provide currency, sovereign-credit, or cross-border tax advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
The current account records trade in goods and services, primary income, and secondary income between residents and nonresidents.
Current account balance is the net result of trade, income, and transfers between an economy and the rest of the world.
A current account deficit means an economy's imports, income payments, and transfers exceed its exports and income receipts.
A current account surplus means an economy's exports, income receipts, and transfers exceed its imports and income payments.