That is, neither state will have a balance of payments deficit or surplus.

He explained how the shortage of coin in the Kingdom of Naples was due to balance of payments deficit.

Nothing changes the grim reality that America’s current-account deficit is headed to more than 3% of nominal GDP, implying increased reliance on foreign investors.

Nothing changes the grim reality that America’s current-account deficit is headed to more than 3 per cent of nominal GDP, implying increased reliance on foreign investors.

Nothing changes the grim reality that America’s current-account deficit is headed to more than 3 percent of nominal GDP, implying increased reliance on foreign investors.

The U.S. continues to face balance of trade and payment deficits.

The United States runs a balance of payments deficit by spending more money in other countries (buying their products, investing in them, or giving them dollars) than they spend in the United States.