Define Current account balance. Current account balance synonyms, Current account balance pronunciation, Current account balance translation, English dictionary definition of Current account balance. n. The component of a nation's balance of payments tha
Definition:Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars. Description:The map below shows how Current account balance (BoP, current US$) varies by country. The shade of the country co...
Define current accounts. current accounts synonyms, current accounts pronunciation, current accounts translation, English dictionary definition of current accounts. n. The component of a nation's balance of payments that includes the price of imports and
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.Description: The map below shows how Current account balance (BoP, current US$) varies by country in the Middle East. The ...
Current account definition: an account of credits, debits, receipts, and expenditures between two individuals or companies, usually providing for settlement at the end of specified accounting periods.. See examples of CURRENT ACCOUNT used in a sentence.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars. Selected articles from our guide: What factors determine the exchange rates International lending and sovereign debt All arti...
One of three components of a country’s balance of payments system, the current account is the country’s trade balance, or the balance of
Current account deficit)Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia. Related to Current account deficit: Capital account deficit, Fiscal DeficitCategory filter: AcronymDefinition CAD Computer-Aided Design CAD Canadian Dollar CAD Computer-Aided Detection CAD Computer-Aided Drafting...
The current account balance (CAB) is part of a country's financial inflow and outflow record. It is part of the balance of payments, the statement of all transactions made between one country and another. Thebalance of payments(BOP) is the place where countries record their monetary transacti...
Since the trade balance (exports minus imports) is generally the biggest determinant of the current account surplus or deficit, the current account balance often displays a cyclical trend. During a strongeconomic expansion, import volumes typically surge; if exports are unable to grow at the same ...