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