United Kingdom Current Account  Forecast


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Current Account in the United Kingdom is expected to be -27230.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in the United Kingdom to stand at -17500.00 in 12 months time. In the long-term, the United Kingdom Current Account is projected to trend around -22840.00 GBP Million in 2020, according to our econometric models.


United Kingdom Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -2754 -2600 -2500 -2000 -1900 -400
Exports 51581 50200 50600 51200 51500 55700
Imports 54335 52800 53100 53200 53400 56100
Current Account -23182 -27230 -21210 -14640 -17500 -22840
Current Account to GDP -4.4 -4 -3.7 -3.7 -3.7 -1.5
External Debt 6138780 6245000 6322000 6383000 6452000 6811000
Terms of Trade 102 97.5 98.2 98.4 98.6 100
Capital Flows 11099 42100 12100 15400 17900 36900
Foreign Direct Investment 7430 14900 44100 26300 -700 15900
Gold Reserves 310 310 310 310 310 310
Crude Oil Production 941 950 950 950 950 880
Terrorism Index 5.08 5.08 5.08 5.08 5.08 5.08
Tourism Revenues 2750 2080 1400 2100 2500 2490
Tourist Arrivals 4020 2760 2680 3460 3340 2990
Weapons Sales 1393 1369 1398 1427 1456 1533