United States - 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

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments