The United Kingdom recorded a Current Account deficit of 3.80 percent of the country's Gross Domestic Product in 2019.
Current Account to GDP in the United Kingdom averaged -1.15 percent from 1948 until 2019, reaching an all time high of 2.70 percent in 1950 and a record low of -5.20 percent in 2016. This page provides - United Kingdom Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Current Account to GDP - values, historical data and charts - was last updated on July of 2020. source: Office for National Statistics
Current Account to GDP in the United Kingdom is expected to reach -4.00 percent by the end of 2020, 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 -4.40 percent in 2021 and -3.60 percent in 2022, according to our econometric models.