The United Kingdom recorded a Current Account deficit of 2.20 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in the United Kingdom averaged -1.08 percent of GDP from 1948 until 2024, reaching an all time high of 2.80 percent of GDP in 1950 and a record low of -5.20 percent of GDP in 2016. source: Office for National Statistics
Current Account to GDP in the United Kingdom is expected to reach -2.50 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Current Account to GDP is projected to trend around -2.60 percent of GDP in 2027, according to our econometric models.