The major differences between capital account and current account are as follows −
These are accounts related to capital investments and expenditures of a country to another.
It measures inflow and outflow of capital in economy.
It evaluates country net investment position.
Impacts foreign assets and liabilities of a country.
Deals with source and utilisation of capital.
These are accounts related to trade of goods and services of a country.
It measures inflow and outflow of goods and services in the economy.
Merchandise trade, services, income receipts and unilateral transfers are key components.
It evaluates trade surplus/trade deficit of a country.
Impacts on net income and output of a country.
Deals with receipts and disbursements in cash and non-capital items.