The United States recorded a Current Account deficit of 303.90 USD Billion in the fourth quarter of 2024. 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 Q3 2024 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 Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for United States (USAB6BLTT02STSAQ) from Q1 1960 to Q3 2024 about current account, BOP, GDP, and USA.

China had the highest positive current account balance of the 19 countries that are members of the G20, reaching over 400 billion U.S. dollars in 2022. By comparison, the current account balance of the United States was a negative of about 970 billion U.S. dollars, but was forecast to drop below a deficit of 770 billion dollars by 2027.

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

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.

Graph and download economic data for Balance on Current Account, NIPA's (NETFI) from Q1 1947 to Q3 2024 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.

The current account balance in the Dominican Republic was forecast to decrease between 2024 and 2029 by in total 696 million U.S. dollars (16.37 percent). This overall decrease does not happen continuously, notably not in 2027. The account balance is estimated to amount to -4,947 million U.S. dollars in 2029. 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.Find more statistics on other topics about the Dominican Republic with key insights such as the share in the global GDP adjusted for PPP, the annual change in imports of trade goods and services, and the gross domestic product (GDP) in current prices.

Current account balance (BoP, current US$) in United States was reported at --905378000000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

United States US: BOP: Current Account: Balance data was reported at -466.248 USD bn in 2017. This records a decrease from the previous number of -451.692 USD bn for 2016. United States US: BOP: Current Account: Balance data is updated yearly, averaging -124.591 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 17.880 USD bn in 1975 and a record low of -805.962 USD bn in 2006. United States US: 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 States – Table US.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.

Key information about Spain Current Account Balance

• Spain Current Account recorded a surplus of 1.4 USD bn in Dec 2024, compared with a surplus of 1.3 USD bn in the previous month.
• Spain Current Account Balance: USD mn data is updated monthly, available from Jan 1990 to Dec 2024, with an averaged value of -1.2 USD bn.
• The data reached an all-time high of 7.2 USD bn in Jul 2024 and a record low of -17.9 USD bn in Jan 2008.
• CEIC converts monthly Current Account Balance into USD. Banco de España provides Current Account Balance in EUR based on BPM6. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to January 1993 is based on BPM5.
• Foreign Direct Investment (FDI) fell by 1.2 USD bn in Apr 2023.
• Spain Direct Investment Abroad fell by 8.0 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 6.3 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 378.4 USD bn in Mar 2023.

Key information about United Arab Emirates Current Account Balance

• United Arab Emirates Current Account recorded a surplus of 48.0 USD bn in Dec 2021, compared with a surplus of 21.1 USD bn in the previous year.
• United Arab Emirates Current Account Balance: USD mn data is updated yearly, available from Dec 1996 to Dec 2021, with an averaged value of 18.6 USD bn.
• The data reached an all-time high of 79.8 USD bn in Dec 2012 and a record low of -106.2 USD mn in Dec 1998.
• CEIC converts annual Current Account Balance into USD. The Central Bank of the United Arab Emirates provides Current Account Balance in local currency. The International Monetary Fund average market exchange rate is used for currency conversions.
• Foreign Direct Investment (FDI) increased by 20.7 USD bn in Dec 2021.
• United Arab Emirates Direct Investment Abroad expanded by 22.5 USD bn in Dec 2021.
• Its Foreign Portfolio Investment increased by 1.2 USD bn in Dec 2021.
• The country's Nominal GDP was reported at 117.3 USD bn in Mar 2022.

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

The current account balance in Egypt was forecast to increase between 2024 and 2029 by in total 2.9 billion U.S. dollars. This overall increase does not happen continuously, notably not in 2028 and 2029. The account balance is estimated to amount to -22.03 billion U.S. dollars in 2029. 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.Find more statistics on other topics about Egypt with key insights such as the gross domestic product in current prices, the current account balance as a share of the GDP, and the gross domestic product per capita.

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.

Key information about Japan Current Account Balance

• Japan Current Account recorded a surplus of 14.2 USD bn in Apr 2023, compared with a surplus of 7.5 USD bn in the previous month.
• Japan Current Account Balance: USD mn data is updated monthly, available from Jan 1996 to Apr 2023, with an averaged value of 11.5 USD bn.
• The data reached an all-time high of 22.1 USD bn in May 2021 and a record low of -6.4 USD bn in Mar 2014.
• CEIC converts monthly Current Account Balance into USD. The Bank of Japan 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 6.4 USD bn in Apr 2023.
• Japan Direct Investment Abroad expanded by 10.8 USD bn in Apr 2023.
• Its Foreign Portfolio Investment fell by 32.0 USD bn in Mar 2023.
• The country's Nominal GDP was reported at 1,080.1 USD bn in Mar 2023.