Trade & External
Current account
The current account is a country's record of trade in goods and services, net income from abroad, and net current transfers with the rest of the world over a period. A surplus means the country earns more from the rest of the world than it spends; a deficit means the opposite, financed by borrowing or asset sales.
Why it matters
It's the broadest external-balance figure this platform tracks — a fuller picture than the trade balance alone.
Also known as: current account balance