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: World Bank · BN.CAB.XOKA.GD.ZS:US
Current account balance - United States in United States was -4.12% on January 1, 2024, lower by 0.72% (-21.2%) from the prior observation. Charted from annual observations in % of gdp.
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Current account balance - United States time series chart. Showing observations from 1970 to 2024. Latest value -4.12%.
Source evidence
Tier 1 - criticalWorld Development Indicators; primary global comparison source.Action: deepen nowExpected coverage: 400,000 series.Research notes
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Series details
Current account balance (% of GDP)
The reading right now
As of January 2024, Current account balance for United States stood at -4.12%. That is down 0.72 percentage points from the prior year. Over the trailing five years, the series has averaged -3.33%, ranging from a low of -4.12% in January 2024 to a high of -2.07% in January 2019. The current reading sits 1.4 percentage points below its trailing ten-year mean of -2.77%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.