current account

continuous or current bank account, checking account; international transactions of a country that arise from current flows

The current account of the balance of payments is the sum of the balance of trade (exports minus imports of goods and services), net factor incomes (such as interest and dividends) and net transfer payments (such as foreign aid). A current account surplus increases a country's net foreign assets by the corresponding amount, and a current account deficit does the reverse. Both government and private payments are included in the calculation. The balance of trade is typically the most important part of the current account. This means that changes in the patterns of trade are key drivers in the current accounts of most of the world's economies. However, for the few countries with substantial overseas assets or liabilities, net factor payments may be significant. Together with Net Capital Outflow, they are a major metric of how much a nation invests or is invested in.
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Noun
1. that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
(hypernym) accounting
(part-holonym) balance of payments, balance of international payments

Net flow of goods, services, and unilateral transactions (gifts) between countries.