United Kingdom Current Account  1946-2017 | Data | Chart | Calendar

The United Kingdom current account deficit increased to GBP 16.9 billion in the first quarter of 2017 (3.4 percent of the GDP) from a GBP 12.1 billion in the previous period (2.4 percent of GDP) while below market expectations of a GBP 17.3 billion deficit. The goods deficit widened by GBP 2.6 billion to GBP 34.3 billion, due to a rise in imports of finished manufactured goods, machinery and transport equipment, oil and semi-manufactured goods. In addition, the services surplus narrowed by GBP 1.4 billion to GBP 25.4 billion, mostly driven by increase in imports of other business services and fall in exports of business services and insurance and pension services. Also, the primary income deficit widened by GBP 1.7 billion to GBP 2.7 billion. Current Account in the United Kingdom averaged -3590.71 GBP Million from 1946 until 2017, reaching an all time high of 2657 GBP Million in the first quarter of 1981 and a record low of -26298 GBP Million in the fourth quarter of 2013.

United Kingdom Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2016-12-23 09:30 AM Current Account £-25.5B £-22.1B £-27.45B £-25.7B
2017-03-31 08:30 AM Current Account £-12.1B £-25.7B £-16B £ -24.5B
2017-06-30 08:30 AM Current Account £-16.9B £-12.1B £ -17.3B £ -18.7B
2017-09-29 08:30 AM Current Account £-16.9B £-22.3B
2017-12-22 09:30 AM Current Account £ -27.2B


United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -2872.00 -2914.00 2946.00 -6058.00 GBP Million [+]
Exports 49631.00 49715.00 50012.00 962.00 GBP Million [+]
Imports 52503.00 52629.00 53735.00 1031.00 GBP Million [+]
Current Account -16895.00 -12088.00 2657.00 -26298.00 GBP Million [+]
Current Account to GDP -4.40 -4.30 2.60 -4.70 percent [+]
External Debt 6046609.00 6085392.00 6428718.00 565439.00 GBP Million [+]
Terms of Trade 99.90 100.00 107.60 80.10 Index Points [+]
Capital Flows 11270.00 51392.00 51392.00 -10498.00 GBP Million [+]
Foreign Direct Investment 5114.00 110946.00 110946.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 945.00 944.00 2821.00 1.00 BBL/D/1K [+]
Terrorism Index 5.08 5.61 5.68 4.19 [+]
Tourism Revenues 2160.00 2050.00 2714.00 126.00 GBP Million [+]
Tourist Arrivals 3510.00 3520.00 3800.00 540.00 Thousand [+]
Weapons Sales 1393.00 1139.00 6069.00 744.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



United Kingdom Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - United Kingdom Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-16895.00 -12088.00 2657.00 -26298.00 1946 - 2017 GBP Million Quarterly




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -3403.80 Jul/17
Canada -16319.00 Jun/17
China 529.00 Jun/17
Euro Area 32.50 Jul/17
France -4199.00 Jul/17
Germany 19400.00 Jul/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2320.00 Jul/17
Mexico -321.10 Jun/17
Netherlands 20180.90 Mar/17
Russia -300.00 Jun/17
South Korea 7261.30 Jul/17
Spain 1411.00 Jun/17
Switzerland 11118.00 Mar/17
Turkey -5121.00 Jul/17
United Kingdom -16895.00 Mar/17
United States -123137.00 Jun/17