Current Account

Current Account

The current account is a key component of a country’s overall balance of payments, along with the capital account (capital outflows and inflows from international lending and borrowing). The current account measures the trade balance (exports minus imports), net interest from investments (domestic interest payments to foreigners less interest payments from foreigners to the domestic economy) and net public and private transfers in and out of the country (e.g. foreign aid and remittances).

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