Current account balance

(redirected from Current Account Balances)

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.

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.
References in periodicals archive ?
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.
Core inflation remains low, and the fiscal and current account balances are sustainable," IMF Deputy Managing Director Nemat Shafik said in a statement.
5% this year with a strong outlook for current account balances
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.
Among 18 countries which posted current account deficits last year, only Korea and Iceland are expected to see their current account balances return to surplus this year, the IMF said.
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).
It added that it had savings and current account balances of pounds 2billion, with a total of pounds 8.