Current Account Balance by Country from 2013 to 2021 (US$bn)
The current account consists of the country’s balance of trade, net income, and direct payments over a given period. A surplus indicates that the value of a country’s net foreign assets grew over the period in question and that it is a net lender to the rest of the world. A current account deficit means that the country’s net assets shrank. Government and private payments are included. The goods and services are usually consumed in the current period — hence the expression.