The balance on the current account for the Rest of the World sector¹ is shown in Figure 6.1. In the sector accounts this account is presented from the point of view of the rest of the world².

The current account deficit  for the rest of the world in 2016 should be matched, in accounting terms, by a financial account surplus. However, the errors and omissions term in the statistics for the rest of the world sector arises because of discrepancies between the financial and current accounts. This is reported in the summary tables as the difference between B.9 and B.9F (€7,690m in 2016). This same discrepancy is also reported for the total domestic economy (S.1) but with the opposite sign.