[{"data":1,"prerenderedAt":174},["ShallowReactive",2],{"term:current-account":3},{"term":4,"related":165},{"id":5,"title":6,"body":7,"category":148,"description":149,"extension":150,"faq":151,"meta":152,"navigation":153,"path":154,"related":155,"seo":158,"stem":159,"takeaways":160,"__hash__":164},"terms\u002Fterms\u002Fcurrent-account.md","Current Account",{"type":8,"value":9,"toc":142},"minimark",[10,15,19,22,26],[11,12,14],"h2",{"id":13},"understanding-current-account","Understanding Current Account",[16,17,18],"p",{},"The current account adds exports minus imports of goods and services, income earned on foreign investments, and transfers such as remittances.",[16,20,21],{},"It equals national saving minus domestic investment: a country that invests more than it saves runs a current account deficit.",[11,23,25],{"id":24},"formula","Formula",[27,28,31],"span",{"className":29},[30],"katex-display",[27,32,35,75],{"className":33},[34],"katex",[27,36,39],{"className":37},[38],"katex-mathml",[40,41,44],"math",{"xmlns":42,"display":43},"http:\u002F\u002Fwww.w3.org\u002F1998\u002FMath\u002FMathML","block",[45,46,47,70],"semantics",{},[48,49,50,54,57,61,64,67],"mrow",{},[51,52,53],"mi",{},"C",[51,55,56],{},"A",[58,59,60],"mo",{},"=",[51,62,63],{},"S",[58,65,66],{},"−",[51,68,69],{},"I",[71,72,74],"annotation",{"encoding":73},"application\u002Fx-tex","CA = S - I",[27,76,80,110,132],{"className":77,"ariaHidden":79},[78],"katex-html","true",[27,81,84,89,95,98,103,107],{"className":82},[83],"base",[27,85],{"className":86,"style":88},[87],"strut","height:0.6833em;",[27,90,53],{"className":91,"style":94},[92,93],"mord","mathnormal","margin-right:0.0715em;",[27,96,56],{"className":97},[92,93],[27,99],{"className":100,"style":102},[101],"mspace","margin-right:0.2778em;",[27,104,60],{"className":105},[106],"mrel",[27,108],{"className":109,"style":102},[101],[27,111,113,117,121,125,129],{"className":112},[83],[27,114],{"className":115,"style":116},[87],"height:0.7667em;vertical-align:-0.0833em;",[27,118,63],{"className":119,"style":120},[92,93],"margin-right:0.0576em;",[27,122],{"className":123,"style":124},[101],"margin-right:0.2222em;",[27,126,66],{"className":127},[128],"mbin",[27,130],{"className":131,"style":124},[101],[27,133,135,138],{"className":134},[83],[27,136],{"className":137,"style":88},[87],[27,139,69],{"className":140,"style":141},[92,93],"margin-right:0.0785em;",{"title":143,"searchDepth":144,"depth":144,"links":145},"",2,[146,147],{"id":13,"depth":144,"text":14},{"id":24,"depth":144,"text":25},"economy","A country's trade balance plus net income and transfers from abroad.","md",[],{},true,"\u002Fterms\u002Fcurrent-account",[156,157],"balance-of-payments","trade-deficit",{"title":6,"description":149},"terms\u002Fcurrent-account",[161,162,163],"Current account = trade balance + net income + net transfers.","It equals saving minus investment.","Deficits are financed by foreign capital inflows.","pUHVOuYtZ_XIARSUKLt3D6k6qUmBJVP_tWcZYh6WLpU",[166,170],{"title":167,"description":168,"path":169},"Balance of Payments","The record of all economic transactions between a country and the rest of the world.","\u002Fterms\u002Fbalance-of-payments",{"title":171,"description":172,"path":173},"Trade Deficit","When a country imports more goods and services than it exports.","\u002Fterms\u002Ftrade-deficit",1793374004889]