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: World Bank · BN.CAB.XOKA.GD.ZS:US

Stored official data

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.

Latest-4.12%
YoY-21.24%
10Y Avg-2.77%
Latest observationJanuary 1, 2024

Timeframe

Value transform

Version overlay

Chart appearance

Overlays & outputNBER bandsAuto Y
Axis & export

Current account balance - United States time series chart. Showing observations from 1970 to 2024. Latest value -4.12%.

Min-5.91%
Mean-2.15%
Max1.06%
Latest observationJanuary 1, 2024

Source evidence

Tier 1 - critical
Source
World Bank Open Data
Native key
BN.CAB.XOKA.GD.ZS:US
Freshness
Stored · 2024-01-01
History
Current only
Reuse
Attribution allowed

Research notes

83 · Acceptable
Comparability
3 notes
Quality
4/6 strong
Citation
Retrieved Jun 14, 2026

Continue browsing

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

Series details

CategoryEconomy & Growth
FrequencyAnnual
Unit% of GDP
Latest observationJanuary 1, 2024
Platform last fetchJune 14, 2026
Transformslevel, yoy, index 100
About this series

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.