Current account balance as a proportion of GDP (%) in United States
United States: Current account balance as a proportion of GDP (%) was -4.1% in 2024. ▲ Rising
Latest (2024)
-4.1%
Change on year
down 21.2%
World rank
138th
of 205 countries
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, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in United States stood at -4.1%.
The figure 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 peaked at -1.9% in 2017 and was at its lowest, -5.9%, in 2006.
United States ranks 138th of 205 countries on this measure, in the middle of the range.
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, 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% |
United States compared with similar countries
- United States's -4.1% is below the median for high income countries, which is 1.6%. (69 countries reporting)
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
- 135 Bosnia and Herzegovina -3.5% compare
- 136 Democratic Republic of the Congo -3.8% compare
- 137 Philippines -4.0% compare
- 139 Cameroon -4.1% compare
- 140 Gambia -4.1% compare
- 141 Solomon Islands -4.2% compare
More economy & growth data for United States
- Real gdp growth, annual growth rate -24.2 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.26 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0057 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 509.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7205 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0041 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 371.72 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 0.9623 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in United States?
- Current account balance as a proportion of gdp in United States 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?
- 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?
- The lowest recorded value was -5.9% in 2006.
- How does United States rank for current account balance as a proportion of gdp?
- United States ranks 138th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in United States?
- 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 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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