What Is the Current Account?
The balance is everything coming in minus everything going out.
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1.Which four parts does the current account record?
The balance is everything coming in minus everything going out.
2.What is secondary income?
For example, money sent home to family.
3.Where does the money to cover a current account deficit come from?
Foreigners buy its bonds, shares or companies; the flows show up in the financial account.
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Sources (4)
- IMF: Balance of Payments Statistics, Introductory Notes
- BEA: U.S. International Transactions and Investment Position, 2nd Quarter 2026 (Pressemitteilung 24.9.2026)
- IMF Finance & Development, Back to Basics: Current Account Deficits (Atish Ghosh, Uma Ramakrishnan, 10. May 2017)
- Eigene Berechnung (synthetisches Rechenbeispiel)
Education only. Not financial advice.