Current vs. Capital Accounts: Key Differences in Balance of Payments

Discover how current and capital accounts differ within the balance of payments, helping you understand international trade ...

Understanding Current Transfers: Definition and Types Explained

Learn how current transfers work in international transactions. Explore the different types, their significance, and how they ...
Cfr.org

The (Somewhat) Mysterious Surge in China’s Current Account Surplus

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...

Global trade winners and borrowers: What current account surpluses and deficits say about the global economy in 2025

IMF data for 2025 shows China as the world’s largest surplus economy. Its surplus jumped from $293 billion in 2015 to $641 ...
International Monetary Fund

Global Current Account Balances Widen, Reversing Narrowing Trend

Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
Reuters

Brazil's current account deficit shows steep deterioration, nears lack of FDI coverage

Brazil's 12-month current account deficit almost tripled in January FDI may not cover Brazil's deficit, central bank warns Trade surplus decline drives monthly deficit increase BRASILIA, Feb 27 ...
San Francisco Fed

The U.S. Productivity Acceleration and the Current Account Deficit

On March 14, the Bureau of Economic Analysis reported that the U.S. current account deficit for 2006 increased from the previous year to over 6% of GDP. This deficit reflects the difference between ...