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This topic video looks at the structural and cyclical causes of current account deficits and also why a current account deficit can matter for an economy.
The current account balance for the UK (which includes trade, investment and
financial transfers) was 4.1% of GDP in 2017, down from 5.8% of GDP
in 2016.
The current account balance for the UK (which includes trade, investment and
financial transfers) was 4.1% of GDP in 2017, down from 5.8% of GDP
in 2016.
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