United States - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in United States was ($616,087,000,000) as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $17,880,000,000 in 1975 and ($816,642,000,000) in 2006.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1970 $2,620,000,000
1971 ($980,000,000)
1972 ($5,260,000,000)
1973 $7,580,000,000
1974 $1,700,000,000
1975 $17,880,000,000
1976 $3,840,000,000
1977 ($15,100,000,000)
1978 ($15,747,000,000)
1979 ($156,700,000)
1980 $2,127,000,000
1981 $4,810,000,000
1982 ($11,607,000,000)
1983 ($44,222,000,000)
1984 ($99,008,000,000)
1985 ($124,455,000,000)
1986 ($147,174,000,000)
1987 ($160,647,000,000)
1988 ($121,258,000,000)
1989 ($99,506,000,000)
1990 ($78,952,000,000)
1991 $2,851,000,000
1992 ($51,605,050,000)
1993 ($84,782,800,000)
1994 ($121,642,000,000)
1995 ($113,561,000,000)
1996 ($124,727,000,000)
1997 ($140,725,000,000)
1998 ($215,037,000,000)
1999 ($286,622,000,000)
2000 ($401,928,000,000)
2001 ($394,079,000,000)
2002 ($456,109,000,000)
2003 ($522,297,000,000)
2004 ($635,887,000,000)
2005 ($749,230,000,000)
2006 ($816,642,000,000)
2007 ($736,554,000,000)
2008 ($696,526,000,000)
2009 ($379,736,000,000)
2010 ($432,002,000,000)
2011 ($455,297,000,000)
2012 ($418,112,000,000)
2013 ($339,455,000,000)
2014 ($369,978,000,000)
2015 ($408,884,000,000)
2016 ($397,573,000,000)
2017 ($361,702,000,000)
2018 ($438,241,000,000)
2019 ($472,145,000,000)
2020 ($616,087,000,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in United States was -2.94 as of 2020. Its highest value over the past 50 years was 1.06 in 1975, while its lowest value was -5.91 in 2006.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 0.24
1971 -0.08
1972 -0.41
1973 0.53
1974 0.11
1975 1.06
1976 0.20
1977 -0.73
1978 -0.67
1979 -0.01
1980 0.07
1981 0.15
1982 -0.35
1983 -1.22
1984 -2.45
1985 -2.87
1986 -3.21
1987 -3.31
1988 -2.32
1989 -1.76
1990 -1.32
1991 0.05
1992 -0.79
1993 -1.24
1994 -1.67
1995 -1.49
1996 -1.54
1997 -1.64
1998 -2.37
1999 -2.98
2000 -3.92
2001 -3.72
2002 -4.17
2003 -4.56
2004 -5.21
2005 -5.75
2006 -5.91
2007 -5.10
2008 -4.73
2009 -2.63
2010 -2.88
2011 -2.93
2012 -2.58
2013 -2.02
2014 -2.11
2015 -2.24
2016 -2.12
2017 -1.85
2018 -2.13
2019 -2.20
2020 -2.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments