{"id":116111,"date":"2021-07-02T17:27:27","date_gmt":"2021-07-02T11:57:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=116111"},"modified":"2021-07-02T17:27:27","modified_gmt":"2021-07-02T11:57:27","slug":"what-is-current-account-deficit","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/what-is-current-account-deficit\/","title":{"rendered":"What is Current Account Deficit?"},"content":{"rendered":"<p><strong>About Current Account Deficit:<\/strong><\/p>\n<ul>\n<li>The current account measures the flow of goods, services and investments into and out of the country.<\/li>\n<li>There is a deficit in Current Account if the value of the goods and services imported exceeds the value of those exported.<\/li>\n<\/ul>\n<p><strong>Current Account Deficit\u00a0<\/strong>= Trade gap + Net current transfers + Net income abroad<\/p>\n<p><strong>Trade Gap<\/strong>= Exports \u2013 Imports<\/p>\n<p><strong>Significance of Current account Deficit:<\/strong><\/p>\n<ul>\n<li>Current account balance measures the external strength or weakness of an economy.<\/li>\n<li>A current account surplus implies the country is a net lender to the rest of the world while a current account deficit indicates it is a net borrower.<\/li>\n<li>For the Current Account Deficit in India, crude oil and gold imports are the primary reasons behind high CAD.<\/li>\n<li>The Current Account Deficit could be reduced in India by boosting exports and curbing non-essential imports such as gold, mobiles and electronics.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>About Current Account Deficit: The current account measures the flow of goods, services and investments into and out of the country. There is a deficit in Current Account if the value of the goods and services imported exceeds the value of those exported. Current Account Deficit\u00a0= Trade gap + Net current transfers + Net income&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/what-is-current-account-deficit\/\">Continue reading <span class=\"screen-reader-text\">What is Current Account Deficit?<\/span><\/a><\/p>\n","protected":false},"author":10308,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-116111","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/116111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10308"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=116111"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/116111\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=116111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}