Current account balance

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Current account balance

The difference between the 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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Current Account Balance

The balance of trade within a country, less the value of financial transfers. That is, the current account balance is the difference between the value of goods and services a country exports and the value of the goods and services it imports.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The IMF report, however, noted that global current account balances were broadly unchanged in 2017, with minor shifts in some regions.
Summary: Current account balances rose and deposits with foreign banks strengthened, according to central bank figures
The BOP and current account balances reverted to deficits after nine years of straight surpluses in the case of the BOP, and 13 years of surpluses for the current account.
The ratings agency said in its annual "The Middle East and North Africa (Mena) sovereign outlook" report that while "most net importers are presented with benefits from improving external current account balances and lower fiscal spending on subsidies lower oil revenues will adversely affect net oil exporters' fiscal and external positions with varying degrees of pressure across GCC countries."
The ratings agency said in its annual "The Middle East and North Africa (Mena) sovereign outlook" report that while "most net importers are presented with benefits from improving external current account balances and lower fiscal spending on subsidies, lower oil revenues will adversely affect net oil exporters' fiscal and external positions, with varying degrees of pressure across GCC countries."
"We expect net energy importers India, Thailand, Philippines and Singapore to record more positive current account balances than previously.
But what is actually the causal relationship between public capital exports and current account balances? The first thing is to realize the equivalence that exists between the overall capital flows, whether public or private, and the current account balance.
Core inflation remains low, and the fiscal and current account balances are sustainable," IMF Deputy Managing Director Nemat Shafik said in a statement.bne/Reuters
Equations (3.1)-(3.3) present the mean equations of current account balance, government budget balance, and real interest rates as a three-variable VAR system with lag length of p, where CA, GB, and RI denote current account balances, government budget balance, and real interest rates, respectively.
Globally, current account balances must sum to zero.
Despite Londoners maintaining the highest current account balances, they also rack up the biggest overdrafts, with the average in the city being pounds 961.
But the BOJ under Hayami had consistently resisted this pressure, believing there was already excess liquidity available to financial institutions, which could not or would not use the excess funds they already had (as huge current account balances at the BOJ).