The US current account deficit narrowed to USD 101.5 billion or 2.0 percent of the GDP in the second quarter of 2018 from a downwardly revised USD 121.7 billion gap or 2.4 percent of the GDP in the first three months of the year and compared to market expectations of a USD 103.5 billion shortfall. It is the smallest current account gap since the last quarter of 2015. The goods deficit decreased to USD 203.2 billion from USD 220.8 billion in the first quarter of 2018, as exports rose faster than imports and the services surplus increased to USD 69.3 billion from USD 66.8 billion. Meantime, the primary income surplus fell to USD 60.8 billion from USD 61.2 billion while the secondary income gap declined to USD 28.5 billion from USD 28.9 billion. Current Account in the United States averaged -47886.67 USD Million from 1960 until 2018, 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.

United States Current Account
width
height
 Preview
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
2018-03-21 12:30 PM Current Account $-128.2B $-101.5B $-125B $ -125B
2018-06-20 12:30 PM Current Account $-124.1B $-116.2B $-129B $ -123B
2018-09-19 12:30 PM Current Account $-101.5B $-121.7B $-103.5B -122.1B
2018-12-19 01:30 PM Current Account $-101.5B $ -105B


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -54019.00 -53309.00 1946.00 -67823.00 USD Million [+]
Exports 212565.00 209445.00 214668.00 772.00 USD Million [+]
Imports 266584.00 262754.00 266584.00 577.00 USD Million [+]
Current Account -101460.00 -121710.00 9957.00 -215769.00 USD Million [+]
Current Account to GDP -2.40 -2.40 0.20 -6.00 percent [+]
External Debt 19306582.00 19180854.00 19306582.00 6570168.00 USD Million [+]
Terms of Trade 106.98 98.39 168.28 91.82 Index Points [+]
Capital Flows 108188.00 42677.00 272938.00 -193364.00 USD Million [+]
Foreign Direct Investment 47253.00 45701.00 48155.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 131823.00 66658.00 157830.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8134.00 8149.05 8133.46 Tonnes [+]
Crude Oil Production 11346.00 10964.00 11346.00 3971.00 BBL/D/1K [+]
Terrorism Index 5.43 4.88 7.39 3.70 [+]
Tourism Revenues 21283.00 21375.00 21429.00 6496.00 USD Million [+]
Tourist Arrivals 6734056.00 6907642.00 8364941.00 2094287.00 [+]
Weapons Sales 12394.00 10304.00 16071.00 1769.00 USD Million [+]

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



United States 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 States Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Current Account - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-101460.00 -121710.00 9957.00 -215769.00 1960 - 2018 USD Million Quarterly




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 20.49 Aug/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 4994.00 Aug/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


Related
Latest