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Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to Jan 2025 about BOP, balance, headline figure, trade, goods, services, and USA.
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United States BOP: Capital Account: Balance data was reported at -1.656 USD bn in Sep 2024. This records a decrease from the previous number of -1.472 USD bn for Jun 2024. United States BOP: Capital Account: Balance data is updated quarterly, averaging -1.098 USD bn from Dec 1989 (Median) to Sep 2024, with 140 observations. The data reached an all-time high of 18.213 USD bn in Sep 2017 and a record low of -7.049 USD bn in Dec 1990. United States BOP: Capital Account: Balance data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.JB001: BPM6: Balance of Payments.
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United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 1.830 % in 2017. This records a decrease from the previous number of 2.655 % for 2016. United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 1.007 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3.404 % in 2000 and a record low of 0.075 % in 1971. United States US: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP 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: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
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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.
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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.
As of 2024, the United States had a trade deficit of about 918 billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.
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United States US: BOP: Current Account: Trade in Services: % of GDP data was reported at 6.802 % in 2017. This records an increase from the previous number of 6.749 % for 2016. United States US: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 4.571 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 7.016 % in 2014 and a record low of 2.370 % in 1972. United States US: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; 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.
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United States US: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 25.127 % in 2017. This records an increase from the previous number of 24.496 % for 2016. United States US: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 27.353 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 34.808 % in 1984 and a record low of 20.585 % in 2011. United States US: BOP: Current Account: Imports: Service: Travel: % of Service Imports 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. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; 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.
The timeline shows the U.S. trade balance of goods and services from 2000 to 2023. In 2022, the United States had a surplus of approximately 278 billion U.S. dollars in service trade, but had a deficit of over one trillion U.S. dollars in goods trade.
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United States US: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data was reported at 1.956 % in 2017. This records an increase from the previous number of 1.680 % for 2016. United States US: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data is updated yearly, averaging 1.103 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3.619 % in 2007 and a record low of 0.085 % in 1985. United States US: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP 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: Capital and Financial Account. Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
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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.
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Net errors and omissions (BoP, current US$) in United States was reported at --12428000000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Net errors and omissions, adjusted (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around 295.4 billion U.S. dollars.
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Graph and download economic data for Exports of Services, Balance of Payments Basis (BOPSEXP) from Jan 1992 to Jan 2025 about BOP, exports, services, and USA.
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United States US: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 11.084 % in 2017. This records a decrease from the previous number of 11.207 % for 2016. United States US: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 20.726 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 32.595 % in 1974 and a record low of 11.084 % in 2017. United States US: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; 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.
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United States BoP: sa: Capital Account: Capital Transfer Receipts & Other Credits data was reported at 0.000 USD mn in Mar 2018. This stayed constant from the previous number of 0.000 USD mn for Dec 2017. United States BoP: sa: Capital Account: Capital Transfer Receipts & Other Credits data is updated quarterly, averaging 0.000 USD mn from Dec 1989 (Median) to Mar 2018, with 114 observations. The data reached an all-time high of 24.788 USD bn in Sep 2017 and a record low of 0.000 USD mn in Mar 2018. United States BoP: sa: Capital Account: Capital Transfer Receipts & Other Credits data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JB003: Balance of Payments: BPM6: Seasonally Adjusted.
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United States BoP: Canada: FA: Financial Derivatives, Net data was reported at -926.000 USD mn in Mar 2018. This records an increase from the previous number of -1.007 USD bn for Dec 2017. United States BoP: Canada: FA: Financial Derivatives, Net data is updated quarterly, averaging 674.000 USD mn from Mar 2006 (Median) to Mar 2018, with 49 observations. The data reached an all-time high of 3.865 USD bn in Jun 2007 and a record low of -3.561 USD bn in Jun 2012. United States BoP: Canada: FA: Financial Derivatives, Net data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JB006: Balance of Payments: BPM6: Canada.
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Graph and download economic data for Balance on capital account (IEABCPN) from Q1 1999 to Q4 2024 about capital account, BOP, balance, and USA.
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United States BoP: CA: Exp: PI: Investment Income (II) data was reported at 257.694 USD bn in Jun 2018. This records an increase from the previous number of 250.866 USD bn for Mar 2018. United States BoP: CA: Exp: PI: Investment Income (II) data is updated quarterly, averaging 34.245 USD bn from Mar 1960 (Median) to Jun 2018, with 234 observations. The data reached an all-time high of 257.694 USD bn in Jun 2018 and a record low of 1.099 USD bn in Mar 1960. United States BoP: CA: Exp: PI: Investment Income (II) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.JB001: BPM6: Balance of Payments.
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United States US: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 18.810 % in 2017. This records a decrease from the previous number of 19.186 % for 2016. United States US: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 28.879 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 38.808 % in 1979 and a record low of 16.580 % in 2009. United States US: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; 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.
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Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to Jan 2025 about BOP, balance, headline figure, trade, goods, services, and USA.