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current account

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current account

In economics, that part of the balance of payments concerned with current transactions, as opposed to capital movements. It includes trade (visibles) and service transactions, such as investment, insurance, shipping, and tourism (invisibles). The state of the current account is regarded as a barometer of overall economic health. In some countries, visibles make a large contribution to the current account and may more than offset trade deficits.



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? Mentioned in ? References in periodicals archive
 
America's current account trade deficit fell to $208.
BRIEFCASE by Daily News (Los Angeles, CA)
Through the 1980s, the RBA (and Treasury) moved to consideration of a basket of indicators of macroeconomic "health," monitoring a number of problem indicators, including inflation and the current account deficit.
Australia's Money Mandarins: The Reserve Bank and the Politics of ... by Jones, Evan / Pacific Affairs
trade balance, and you get a current account deficit that reached $665.
Viewpoint by Hillgren, Sonja / Farm Journal
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