The United States recorded a Current Account deficit of 450.17 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United States recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

• United States Current Account deficit accounted for 4.2 % of the country's Nominal GDP in Sep 2024, compared with a 3.8 % deficit in the previous quarter.
• US Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1960 to Sep 2024, with an average value of -1.8 %.
• The data reached an all-time high of 1.2 % in Jun 1975 and a record low of -6.3 % in Sep 2006.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bureau of Economic Analysis provides Current Account Balance in USD and Nominal GDP in USD.


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

• In the latest reports of US, Current Account recorded a deficit of 310.9 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 96.6 USD bn in Sep 2024.
• US Direct Investment Abroad expanded by 96.8 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 637.6 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 6,632.4 USD bn in Mar 2023.

Graph and download economic data for Balance on current account (IEABC) from Q1 1999 to Q1 2025 about current account, BOP, balance, and USA.

Key information about US Current Account Balance

• United States Current Account recorded a deficit of 310.9 USD bn in Sep 2024, compared with a deficit of 275.0 USD bn in the previous quarter.
• US Current Account Balance: USD mn data is updated quarterly, available from Mar 1960 to Sep 2024, with an averaged value of -28.9 USD bn.
• The data reached an all-time high of 10.0 USD bn in Mar 1991 and a record low of -310.9 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 96.6 USD bn in Sep 2024.
• US Direct Investment Abroad expanded by 96.8 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 637.6 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 6,632.4 USD bn in Mar 2023.

Graph and download economic data for Total Current Account Balance for the United States (DISCONTINUED) (BPBLTT01USQ188S) from Q1 1960 to Q4 2013 about current account, BOP, and USA.

Graph and download economic data for Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for United States (USAB6BLTT02STSAQ) from Q1 1960 to Q4 2024 about current account, BOP, GDP, and USA.

In 2025, Germany is predicted to have the highest current account surplus among the 19 G20 member countries, exceeding *** billion U.S. dollars. Conversely, the United States had the largest current account deficit at approximately ****** billion U.S. dollars, with projections indicating a continued deficit of around ****** billion dollars by 2028.

Graph and download economic data for Balance on current account (IEABCA) from 1999 to 2024 about current account, BOP, balance, and USA.

Graph and download economic data for Balance on Current Account, NIPA's (NETFI) from Q1 1947 to Q1 2025 about current account, BOP, balance, GDP, and USA.

Key information about China Current Account Balance: % of GDP

• China Current Account surplus accounted for 3.1 % of the country's Nominal GDP in Sep 2024, compared with a 1.2 % surplus in the previous quarter.
• China Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1998 to Sep 2024, with an average value of 2.1 %.
• The data reached an all-time high of 11.0 % in Dec 2006 and a record low of -1.7 % in Mar 2020.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The State Administration of Foreign Exchange provides Current Account Balance in USD. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Key information about China Current Account Balance: % of GDP

• In the latest reports of China, Current Account recorded a surplus of 147.6 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) fell by 8.3 USD bn in Sep 2024.
• China Direct Investment Abroad expanded by 34.5 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 24.0 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 4,166.8 USD bn in Mar 2023.

Canada recorded a Current Account deficit of 2100 CAD Million in the first quarter of 2025. This dataset provides - Canada Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Current Account Balance: Total Trade of Goods for the United States (DISCONTINUED) (BPBLTD01USA636S) from 1960 to 2013 about current account, BOP, trade, goods, and USA.

In 2024, the current account balance in Egypt stood at about ************** U.S. dollars. Between 1980 and 2024, the figure dropped by approximately ************* U.S. dollars, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the account balance will rise by around ************ U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.

The current account balance in Argentina was about 6.29 billion U.S. dollars in 2024. From 1980 to 2024, the account balance rose by approximately 8.86 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the account balance will rise by around 3.21 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.

The USA: Current account balance forecast, percent of GDP: The latest value from 2030 is -2.41 percent, an increase from -2.55 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for the USA from 1980 to 2030 is -2.65 percent. The minimum value, -5.91 percent, was reached in 2006 while the maximum of 0.16 percent was recorded in 1981.

The current account balance in China was estimated at approximately ************** U.S. dollars in 2024. Between 1997 and 2024, the account balance rose by around ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The account balance is forecast to decline by about ************* U.S. dollars from 2024 to 2030, fluctuating as it trends downward.This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.

Key information about UK Current Account Balance

• United Kingdom Current Account recorded a deficit of 13.1 USD bn in Mar 2023, compared with a deficit of 2.9 USD bn in the previous quarter.
• UK Current Account Balance: USD mn data is updated quarterly, available from Mar 1957 to Mar 2023, with an averaged value of -1.7 USD bn.
• The data reached an all-time high of 6.5 USD bn in Mar 1981 and a record low of -67.7 USD bn in Mar 2022.
• 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 37.8 USD bn in Mar 2023.
• UK Direct Investment Abroad expanded by 14.7 USD bn in Mar 2023.
• Its Foreign Portfolio Investment fell by 33.0 USD bn in Mar 2023.
• The country's Nominal GDP was reported at 786.4 USD bn in Mar 2023.

In the second quarter of 2023, Ghana's current account balance amounted to a surplus of ***** million U.S. dollars, showing a huge improvement from the same period in 2022, when the country registered a deficit of ***** million U.S. dollars. Furthermore, in the period under review, the lowest deficit recorded on the country's imports and exports of goods and services, transfers, and payments made to foreign investors was reported in the third quarter of 2021, at minus *** billion U.S. dollars.

The current account balance in Mexico was estimated at approximately -5.99 billion U.S. dollars in 2024. Between 1980 and 2024, the account balance rose by around 6.33 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The account balance is expected to drop by about 17.60 billion U.S. dollars between 2024 and 2030, showing a continuous downward movement throughout the period.This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.