The United Kingdom recorded a Current Account deficit of 28939 GBP Million in the second quarter of 2025. This dataset provides the latest reported value for - United Kingdom Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about United Kingdom Current Account Balance: % of GDP

• United Kingdom Current Account deficit accounted for 3.8 % of the country's Nominal GDP in Jun 2025, compared with a 2.8 % deficit in the previous quarter.
• UK Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1955 to Jun 2025, with an average value of 58.0 %.
• The data reached an all-time high of 78.7 % in Sep 2022 and a record low of 35.7 % in Sep 1975.

• In the latest reports of UK, Current Account recorded a deficit of 38.7 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) fell by 7.4 USD bn in Jun 2025.
• UK Direct Investment Abroad expanded by 84.2 USD mn in Jun 2025.
• Its Foreign Portfolio Investment increased by 26.1 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 1,029.9 USD bn in Sep 2025.

The United Kingdom recorded a Current Account deficit of 2.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - United Kingdom Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about UK Current Account Balance

• United Kingdom Current Account recorded a deficit of 38.7 USD bn in Jun 2025, compared with a deficit of 26.7 USD bn in the previous quarter.
• UK Current Account Balance: USD mn data is updated quarterly, available from Mar 1957 to Jun 2025, with an averaged value of -5.0 USD bn.
• The data reached an all-time high of 7.0 USD bn in Jun 2021 and a record low of -50.3 USD bn in Dec 2014.
• CEIC converts quarterly Current Account Balance into USD. Office for National Statistics provides Current Account Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
• Foreign Direct Investment (FDI) fell by 7.4 USD bn in Jun 2025.
• UK Direct Investment Abroad expanded by 84.2 USD mn in Jun 2025.
• Its Foreign Portfolio Investment increased by 26.1 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 1,029.9 USD bn in Sep 2025.

Current account balance (% of GDP) in United Kingdom was reported at --2.652 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Current account balance (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Estimates of the balance of payments current and capital accounts, financial accounts, international investment position and external debt statement.

Graph and download economic data for Current Account in the United Kingdom (CALUKA) from 1772 to 2016 about current account, academic data, BOP, and United Kingdom.

Actual value and historical data chart for United Kingdom Current Account Balance Bop Us Dollar

United Kingdom UK: BOP: Current Account: Balance data was reported at -106.505 USD bn in 2017. This records an increase from the previous number of -154.873 USD bn for 2016. United Kingdom UK: BOP: Current Account: Balance data is updated yearly, averaging -18.371 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 14.127 USD bn in 1981 and a record low of -161.162 USD bn in 2014. United Kingdom UK: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

This statistic shows the predicted year on year change in balance of payments current account as percentage of GDP in the United Kingdom (UK) from 2017 to 2023. A decrease is to be expected throughout the entire period.

Graph and download economic data for Total Current Account Balance for the United Kingdom (DISCONTINUED) (BPBLTT01GBQ637N) from Q1 1960 to Q1 2014 about current account, BOP, and United Kingdom.

United Kingdom Balance of Payments: Current Account data was reported at -14,015.000 GBP mn in Dec 2024. This records an increase from the previous number of -18,373.000 GBP mn for Sep 2024. United Kingdom Balance of Payments: Current Account data is updated quarterly, averaging -805.500 GBP mn from Mar 1955 (Median) to Dec 2024, with 280 observations. The data reached an all-time high of 12,965.000 GBP mn in Dec 2022 and a record low of -41,940.000 GBP mn in Mar 2022. United Kingdom Balance of Payments: Current Account data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.JB001: BPM6: Balance of Payments.

Graph and download economic data for Current Account Balance: Total Services for the United Kingdom (DISCONTINUED) (BPBLSE01GBQ188S) from Q1 1960 to Q1 2014 about current account, BOP, United Kingdom, and services.

United Kingdom UK: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 29.354 % in 2017. This records a decrease from the previous number of 32.519 % for 2016. United Kingdom UK: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 27.228 % from Dec 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 35.974 % in 2007 and a record low of 13.995 % in 1989. United Kingdom UK: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Key information about European Union Current Account Balance: % of GDP

• European Union Current Account surplus accounted for 1.6 % of the country's Nominal GDP in Jun 2025, compared with a 1.7 % surplus in the previous quarter.
• EU Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1999 to Jun 2025, with an average value of 0.6 %.
• The data reached an all-time high of 4.2 % in Sep 2017 and a record low of -1.8 % in Jun 2008.

• In the latest reports of EU, Current Account recorded a surplus of 149.6 USD bn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 11.9 USD bn in Sep 2025.
• EU Direct Investment Abroad expanded by 7.3 USD bn in Sep 2025.
• Its Foreign Portfolio Investment increased by 210.3 USD bn in Sep 2025.
• The country's Nominal GDP was reported at 5,301.1 USD bn in Jun 2025.

In the third quarter of 2025, the United Kingdom had a trade deficit of 4.5 billion British pounds, due to a 58.5 billion pound deficit in goods trade offset by a 53.9 billion pound trade surplus in services.

Graph and download economic data for Total Current Account Balance for the United Kingdom (DISCONTINUED) (BPBLTT01GBA637S) from 1960 to 2013 about current account, BOP, and United Kingdom.

Quarterly summary of balance of payments accounts including the current account, capital transfers, transactions and levels of UK external assets and liabilities.

Current account balance (% of GDP) of United Kingdom plummeted by 24.49% from -3.5 % in 2023 to -2.7 % in 2024. Since the 417.11% surge in 2022, current account balance (% of GDP) shot up by 16.38% in 2024. Current account balance is the sum of net exports of goods, services, net income, and net current transfers.

United Kingdom UK: BOP: Current Account: Net Trade: Goods data was reported at -174.681 USD bn in 2017. This records an increase from the previous number of -182.916 USD bn for 2016. United Kingdom UK: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging -22.280 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 6.960 USD bn in 1981 and a record low of -202.469 USD bn in 2014. United Kingdom UK: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.