Economic term referring to the part of a country's balance of payments that records trade in goods and services, income, and current transfers.
Japan's current account has been in surplus for many years.
経常収支 is the current account balance (the net result), while 経常勘定 is the account itself.
資本勘定 is the capital account, which records capital transfers and non-produced, non-financial assets, distinct from the current account.
Compound of 経常 (けいじょう, 'ordinary' or 'current') and 勘定 (かんじょう, 'account' or 'calculation'). The term is a direct translation of the English 'current account' in economics.