The United Kingdom recorded a Current Account deficit of 3.50 percent of the country's Gross Domestic Product in 2020. source: Office for National Statistics
Current Account to GDP in the United Kingdom averaged -1.19 percent from 1948 until 2020, reaching an all time high of 2.70 percent in 1950 and a record low of -5.40 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 2022.
Current Account to GDP in the United Kingdom is expected to reach -5.30 percent of GDP by the end of 2022, 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 -4.80 percent of GDP in 2023 and -3.60 percent of GDP in 2024, according to our econometric models.