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current account
(redirected from Current account surplus)

    Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.06 sec.

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
 
By artificially keeping the Chinese currency cheap through exchange market manipulation, China's external current account surplus is now set to become the largest in the world at a time when it is enjoying very strong long-term capital account inflows.
Captain Rato and the Titanic: the growing irrelevance of the ... by Lachman, Desmond / The International Economy
Japan's current account surplus last year after all came to $172 billion.
Japan's new clout: Japanese companies have made impressive gains in ... by Fingleton, Eamonn / Chief Executive (U.S.)
All these factors have improved Latin America's health to the point that the region posted a current account surplus in 2003, the first time in 50 years.
Cheap greenbacks by Velazquez, Andres F. / Latin Trade
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