Current account balance as a proportion of GDP (%) in United States of America
United States of America: Current account balance as a proportion of GDP (%) was -4.1% in 2024. ▲ Rising
Latest (2024)
-4.1%
Change on year
down 21.2%
Rank
3rd
of 3 groups
All-time high
-1.9%
in 2017
All-time low
-5.9%
in 2006
Years of data
25
2000–2024
Current account balance as a proportion of GDP in United States of America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in United States of America is -4.1%, measured in 2024.
Compared with earlier readings it is down 21.2% on the previous year and down 95.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in United States of America peaked at -1.9% in 2017 and was at its lowest, -5.9%, in 2006.
The long-run direction has been consistently rising across the 25 years of available data.
Current account balance as a proportion of GDP (%) in United States of America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.9% | — |
| 2001 | -3.7% | -5.0% |
| 2002 | -4.2% | +12.1% |
| 2003 | -4.6% | +9.2% |
| 2004 | -5.2% | +14.2% |
| 2005 | -5.7% | +10.4% |
| 2006 | -5.9% | +2.9% |
| 2007 | -5.1% | -13.9% |
| 2008 | -4.7% | -7.3% |
| 2009 | -2.6% | -44.4% |
| 2010 | -2.9% | +9.4% |
| 2011 | -2.9% | +1.7% |
| 2012 | -2.6% | -11.9% |
| 2013 | -2.0% | -21.7% |
| 2014 | -2.1% | +4.6% |
| 2015 | -2.2% | +6.4% |
| 2016 | -2.1% | -5.5% |
| 2017 | -1.9% | -10.9% |
| 2018 | -2.1% | +13.3% |
| 2019 | -2.1% | -3.3% |
| 2020 | -2.8% | +36.3% |
| 2021 | -3.7% | +30.7% |
| 2022 | -3.9% | +5.3% |
| 2023 | -3.4% | -12.3% |
| 2024 | -4.1% | +21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.6% | -5.9% | -2.6% | 10 |
| 2010s | -2.3% | -2.9% | -1.9% | 10 |
| 2020s | -3.6% | -4.1% | -2.8% | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 2.42 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 2.42 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.64 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 1.64 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5.28 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.8 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 6.14 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.14 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.43 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in United States of America?
- Current account balance as a proportion of gdp in United States of America was -4.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in United States of America?
- The highest recorded value was -1.9% in 2017.
- What is the lowest current account balance as a proportion of gdp recorded in United States of America?
- The lowest recorded value was -5.9% in 2006.
- How does United States of America rank for current account balance as a proportion of gdp?
- United States of America ranks 3rd out of 3 groups with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in United States of America?
- Over the last ten years it is down 95.6%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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