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.

Frequencyannual · +1Transformlevel

Source: FRED · CRBBCAGDPBP6

Stored official data

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. $.

Latest6496300000.00%
YoY+263.17%
10Y Avg4168785365.85%
Latest observationOctober 1, 2008
Model surprise+4526574225.74%

Timeframe

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Chart appearance

Overlays & outputNBER bandsAuto Y
Axis & export

Current account balance - United States time series chart. Showing observations from 1976 to 2008. Latest value 6.5B%.

Min-7394500000.00%
Mean1272797727.27%
Max11437500000.00%
Latest observationOctober 1, 2008

Source evidence

Tier 1 - critical
Source
FRED
Native key
CRBBCAGDPBP6
Freshness
Stored · 2008-10-01
History
Source-native vintage
Reuse
Dataset exceptions

Research notes

80 · Acceptable
Comparability
2 notes
Quality
3/6 strong
Citation
Retrieved May 20, 2026

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Series details, provenance, and revision toolsMetadata, release notes, revision history, and related series.

Series details

CategoryTrade
FrequencyAnnual
Unit% of GDP in U.S. $
Latest observationOctober 1, 2008
Platform last fetchMay 20, 2026
Transformslevel, yoy, index 100
About this series

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.