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.

United States Current Account
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Calendar GMT Actual Previous Consensus Forecast (i)
2016-12-15 01:30 PM Q3 $-113B $-118.3B $-111.6B $-117B
2017-03-21 12:30 PM Q4 $-112.4B $-116B $-128.3B $ -120B
2017-06-20 12:30 PM Q1 $-116.8B $-114B $-123.8B $ -109.8B
2017-09-19 12:30 PM Q2 $-116.8B $ -118.1B
2017-12-19 01:30 PM Q3 $ -118.4B


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -43642.00 -46391.00 1946.00 -67823.00 USD Million [+]
Exports 194374.00 192021.00 200144.00 772.00 USD Million [+]
Imports 238017.00 238413.00 242243.00 577.00 USD Million [+]
Current Account -116781.00 -114006.00 9957.00 -215769.00 USD Million [+]
Current Account to GDP -2.60 -2.60 0.20 -6.00 percent [+]
External Debt -8217356.00 -8109652.00 -1232107.00 -8217356.00 USD Million [+]
Terms of Trade 99.01 99.25 168.28 91.82 Index Points [+]
Capital Flows 7714.00 54684.00 272938.00 -205366.00 USD Million [+]
Foreign Direct Investment 37539.00 22963.00 46165.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 34420.00 91926.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9169.00 9083.00 10044.00 3983.00 BBL/D/1K [+]
Tourism Revenues 20828.00 20983.00 20983.00 6496.00 USD Million [+]
Tourist Arrivals 6507601.00 7958601.00 8364940.00 2095665.00 [+]
Terrorism Index 4.88 4.61 7.39 3.70 [+]
Weapons Sales 9894.00 10184.00 16071.00 1769.00 USD Million [+]

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



United States Current Account Notes

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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-116781.00 -114006.00 9957.00 -215769.00 1960 - 2017 USD Million Quarterly



current account by Country

Last
Australia -3108.00 Mar/17
Brazil 1330.40 Jun/17
Canada -14053.00 Mar/17
China 529.00 Jun/17
Euro Area 28.10 Jun/17
France -2137.00 Jun/17
Germany 23600.00 Jun/17
India -3432.97 Mar/17
Indonesia -4962.50 Jun/17
Italy 5257.00 Jun/17
Japan 934.60 Jun/17
Mexico -6859.20 Mar/17
Netherlands 20180.90 Mar/17
Russia -300.00 Jun/17
South Korea 7007.00 Jun/17
Spain 2569.00 May/17
Switzerland 11118.00 Mar/17
Turkey -3763.00 Jun/17
United Kingdom -16895.00 Mar/17
United States -116781.00 Mar/17