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Germany's current account balance in Q2 2015 was up to 68.39. The current balance in Q2 as a percentage of GDP was 8.2%. Greece for 2013 was −4.89, and 2014 was −5.00 with each quarter between 2013 Q1 through 2015 Q2 ranging from a low of −2.76 in Q1 2013 to a high of 0.01 in Q2 2015. Greece's current account balance in Q2 2015 was up to ...
Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
Traditional balance-of-payments accounting is that the change in the net foreign asset position equals the current account balance. In other words, if a country runs a $700 billion current account deficit, it has to borrow exactly $700 billion from abroad to finance the deficit and therefore, the country's net foreign asset position falls by $700 billion.
The current balance on a credit card account is the total you owe the credit card company. It includes charges you’ve made and interest you owe at that point in time.
Sectoral balances using CBO data. Their method defines the balances as: A) Federal budget balance; B) Current Account (multiplied by -1 in the diagram); and C) Nonfederal Domestic Balance, representing mainly private sector net savings and the state and local government sector balance. The equation A+B+C=0 must hold by definition. [6]
EX－IM: current account. The national income identity can be rewritten as following: [2] + = where T is defined as tax. (Y-T-C) is savings of private sector and (T-G) is savings of government. Here, we define S as National savings (= savings of private sector + savings of government) and rewrite the identity as following:
Pay the current balance: This covers your statement balance plus any charges you’ve made since the end of the billing cycle. It will bring your balance to $0, which is good, but not necessary to ...
Since the balance sheet is founded on the principles of the accounting equation, this equation can also be said to be responsible for estimating the net worth of an entire company. The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allows owners to gauge the total ...