News

According to Bangladesh Bank data, the current account deficit stood at $432 million during July-May of FY25, down sharply from a $6.12 billion deficit in the same period of FY24 ...
The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product ...
WASHINGTON, June 24 (Reuters) - The U.S. current account deficit widened to a record high in the first quarter as businesses front-loaded imports to avoid President Donald Trump's hefty tariffs on ...
Brazil saw a substantial $5.2 billion current account deficit in July 2024, a considerable rise from the $3.6 billion deficit during the same period the year before, according to data published by ...
WASHINGTON, Dec 18 (Reuters) - The U.S. current account deficit widened to a record high in the third quarter on strong growth in imports and lower income receipts, with some economists warning of ...
The deficit in the broadest measure of foreign trade narrowed in the spring. A higher foreign oil bill was offset by increases in payments made by foreign tourists traveling in the United States ...
The current account deficit was equal to 3.3% of GDP in the fourth quarter, little changed from the prior quarter. The current-account deficit as a share of GDP peaked in 2005 at 6.3%.
The q1 current account deficit got revised up (income and transfers always looked a bit low). And q2 is a bit bigger than q1. As Lex notes, the US income balance is pretty clearly now in the red.
A current account deficit indicates that a country is importing more than it is exporting. Emerging economies often run surpluses, and developed countries tend to run deficits.
Current Account Deficit vs. Trade Deficit: An Overview The terms "current account deficit" and "trade deficit" are often used interchangeably, but they have substantially different meanings.
The current account deficit fell, the economy grew. Think of the UK after George Soros (and others) forced it out of the ERM in the early 90s. That may describe the future US adjustment path; ...