United States Current Account

The United States recorded a Current Account deficit of 81118 USD Million in the fourth quarter of 2013. Current Account in the United States is reported by the U.S. Bureau of Economic Analysis. Current Account in the United States averaged -43862.62 USD Million from 1960 until 2013, reaching an all time high of 9957 USD Million in the first quarter of 1991 and a record low of -214501 USD Million in the third quarter of 2006. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - United States Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-81118.00 -96365.00 9957.00 -214501.00 -77333.92 | 2014/06 1960 - 2013 USD Million Quarterly

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United States Current Account
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-14 01:30 PM United States
Current Account
Q1 2013 $ -106.1B $ -102.3B (R) $ -109.4B $-107.7B
2013-09-19 01:30 PM United States
Current Account
Q2 2013 $-98.9B $ -104.9B (R) $-96.8B $ -106.3B
2013-12-17 01:30 PM United States
Current Account
Q3 2013 $-94.84B $-98.9B $-100.90B $ -97.1B
2014-03-19 12:30 PM United States
Current Account
Q4 2013 $ -81.1B $-96.4B (R) $ -87.4B $ -92.1B
2014-06-18 01:30 PM United States
Current Account
Q1 2014 $ -81.1B $ -81.2B
2014-09-17 01:30 PM United States
Current Account
Q2 2014 $ -77.3B
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Trade Last Previous Highest Lowest Forecast Unit
Exports 190434.00 2014-02-15 192459.00 194644.00 772.00 189912.41 2014-06-30 USD Million [+]
Imports 232734.00 2014-02-15 231740.00 234295.00 577.00 239509.94 2014-06-30 USD Million [+]
Capital Flows 167748.00 2014-02-15 87000.00 272938.00 -153025.00 33770.24 2014-06-30 USD Million [+]
Crude Oil Production 7939.00 2014-01-15 7864.00 10044.00 3983.00 Thousands Barrels per Day [+]
External Debt -4577504.00 2013-12-31 -4165583.00 360347.00 -4577504.00 -4838018.45 2014-06-30 USD Million [+]
Foreign Direct Investment 68145.00 2013-11-15 54321.00 140759.00 -9004.00 64733.42 2014-06-30 USD Million [+]
Net Long-term Tic Flows 85737.00 2014-02-15 7700.00 139697.00 -72882.00 30286.06 2014-06-30 USD Million [+]
Terms of Trade 98.14 2013-11-15 98.07 167.10 91.05 98.68 2014-06-30 Index Points [+]
Current Account to GDP -2.30 2013-12-31 -2.70 0.20 -6.00 -2.12 2014-06-30 Percent [+]
Current Account -81118.00 2013-11-15 -96365.00 9957.00 -214501.00 -77333.92 2014-06-30 USD Million [+]
Balance of Trade -42300.00 2014-02-15 -39280.00 1946.00 -67235.00 -40089.42 2014-06-30 USD Million [+]
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Current Account | Notes
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). The balance of trade is typically the most important part of the current account. And a current account surplus is usually associated with trade surplus. However, for the few countries with substantial overseas assets or liabilities, net factor payments may be significant. Positive net sales to abroad generally contribute to a current account surplus as the value interest or dividends generated abroad is bigger than the value of interest or dividends generated from foreign capital in the country. Net transfer payments are very important part of the current account in poor and developing countries as workers' remittances, donations, aids and grants and official assistance may balance high trade deficits.


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