Current Account Balance is an indicator of how the German economy interacts with the rest of the world. Current Account balance is one of the three components of the country's balance of payments (Financial Account, Capital Account and Current Account).
The indicator is an accounting record of all monetary transactions between a country and the rest world. It is the most common type of balance of international payments. If the earnings exceed the payments, the current account is considered to have a surplus; if the country pays more than it earns, its current account has a deficit. The balance of payments reflects all the country's foreign economic operations in monetary terms.