The United Kingdom recorded a trade deficit of 3386 GBP Million in August of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual estimates of the market value of financial and non-financial assets for the UK, providing a measure of the nation's wealth.

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

• United Kingdom Current Account deficit accounted for 2.5 % of the country's Nominal GDP in Sep 2024, compared with a 3.4 % deficit in the previous quarter.
• UK Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1955 to Sep 2024, with an average value of -1.0 %.
• The data reached an all-time high of 4.0 % in Mar 1981 and a record low of -6.9 % in Dec 2014.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Office for National Statistics provides Current Account Balance in local currency and Nominal GDP in local currency.


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

• In the latest reports of UK, Current Account recorded a deficit of 13.1 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 8.6 USD bn in Sep 2024.
• UK Direct Investment Abroad fell by 7.0 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 2.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 786.4 USD bn in Mar 2023.

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 (BoP, current US$) in United Kingdom was reported at --96634360951 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

In 2023, the United Kingdom had a total trade deficit of about 15 billion British pounds. A further breakdown of the UK's trade balance as displayed here indicates that the UK had a trade surplus with its trade in goods and services with countries outside the EU, whereas from its goods and services trade with the EU27 countries, the UK had a deficit of over 94.62 billion.

Goods Trade Balance Non-EU in the United Kingdom increased to -8294 GBP Million in August from -8800 GBP Million in July of 2025. This dataset includes a chart with historical data for the United Kingdom Goods Trade Balance Non-EU.

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 September of 2025.

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.

External balance on goods and services (% of GDP) in United Kingdom was reported at --1.1321 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - External balance on goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

View quarterly updates and historical trends for UK Balance of Trade. from United Kingdom. Source: Office for National Statistics. Track economic data wit…

The United Kingdom: Trade balance as percent of GDP: The latest value from 2024 is -1.13 percent, a decline from -1.07 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for the United Kingdom from 1970 to 2024 is -0.69 percent. The minimum value, -4.54 percent, was reached in 1974 while the maximum of 3.12 percent was recorded in 1981.

Annual estimates of the market value of financial and non-financial assets for the UK, providing a measure of the nation's wealth.

Goods Trade Balance in the United Kingdom decreased to -21183 GBP Million in August from -20649 GBP Million in July of 2025. This dataset provides - United Kingdom Goods Trade Balance- 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 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 2022, United Kingdom's goods trade with EU27 countries resulted in a trade deficit with most of the countries in the union. UK had the largest deficit with Germany, with the balance standing at about -26.4 billion British pounds. Republic of Ireland was the leading country with which the UK had a surplus.

Summary of balance of payments accounts, which contain detailed statistics for the current account including; trade in goods and services, income, current and capital transfers, transactions in UK external assets and liabilities, and levels of identified assets and liabilities. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: Pink Book