United States
Current account balance
The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.
Source: FRED · CRBBCAGDPBP6
Current account balance - United States in United States was 6.5B% on October 1, 2008, higher by 10.5B% (+263.2%) from the prior observation. Charted from annual observations in % of gdp in u.s. $.
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Current account balance - United States time series chart. Showing observations from 1976 to 2008. Latest value 6.5B%.
Source evidence
Tier 1 - criticalU.S. macro backbone via St. Louis Fed; revision/vintage capable.Action: deepen nowExpected coverage: 800,000 series.Research notes
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Series details, provenance, and revision toolsMetadata, release notes, revision history, and related series.
Series details
Balance of Payments: Current account balance (credit less debit) for Caribbean
The reading right now
As of October 2008, Current account balance for United States stood at 6.5B%. That is up 10,477,700,000 percentage points from the prior year. Over the trailing five years, the series has averaged 4.5B%, ranging from a low of -4B% in July 2008 to a high of 10.5B% in July 2007. The current reading sits 2,476,185,000 percentage points above its trailing ten-year mean of 4B%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.