The Current Account Balance is part of the Balance of Payments. It provides information on imports and exports of goods and services, income and transfers
It includes:
- Balance of trade
- Balance of services
- Income balance
- Balance of transfers
The Current Account Balance is a summary of all transactions due to exports and imports of goods and services.
Related terms
Basic balance | Trade Balance | Capital Balance | Balance of payments | Exports | Imports | Deficit | Surplus