Current Account (redirected from Curent account balance)

Current Account

The difference between a nation's total exports of goods, services, and transfers, and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities.

Notes:

The level of the current account is followed as an indicator of trends in foreign trade.

See also: Balance of Payments, Balance of Trade, Economics

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Current account

Net flow of goods, services, and unilateral transactions (gifts) between countries.