Terms used in official statistics

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Current external balance


Definition:

The balancing item in the external account of primary income and current transfers represents the surplus (if it is negative) or the deficit (if it is positive) of the total economy on its current transactions (trade in goods and services, primary incomes, current transfers) with the rest of the world.


Source:
  • Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union
    Place of publication: (Dz. Urz. UE L 174 z 26.06.2013, str. 1, z późn. zm.)

Contact person on methodology:
Daniel Michalik
e-mail:
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