United States Current Account  1960-2017 | Data | Chart | Calendar

The current account deficit in the United States widened to USD 116.8 billion or 2.5 percent of the GDP in the first quarter of 2017 from an upwardly revised USD 114 billion in the previous period but below market expectations of a USD 123.8 billion shortfall. The goods gap widened by USD 5.3 billion to USD 200.3 billion. Exports went up 3.6 percent to USD 383.7 billion driven by industrial supplies and materials, largely petroleum and products, automotive vehicles, parts, and engines. Imports rose 3.3 percent to USD 583.9 billion, boosted by industrial supplies and materials, mostly crude oil, capital goods except automotive, automotive vehicles, parts, and engines. The primary income surplus narrowed by USD 3.6 billion to USD 47.7 billion. On the other hand, the deficit on secondary income fell by USD 5.8 billion to USD 25.5 billion and the surplus on services went up by USD 0.3 billion to USD 61.3 billion. Current Account in the United States averaged -46736.38 USD Million from 1960 until 2017, reaching an all time high of 9957 USD Million in the first quarter of 1991 and a record low of -215769 USD Million in the third quarter of 2006.