Concept information
Preferred term
current account
Definition(s)
- The current account measures transactions in goods, services, and income, as well as current transfers between residents and nonresidents of a country. As such, the current account records the value of real resource transactions (i.e., exchanges involving goods, services, and income) and current transfers (i.e., unilateral transfers such as food donations) in a specific time period between a country and the rest of the world. [Source: Encyclopedia of Business in Today's World; Current Account]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-MNTT5QBC-9
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