The United States current account deficit narrowed by $22.8 billion, or 9.2%, to $226.4 billion in the third quarter of 2025, more than market expectations of a $238 billion deficit. The reduction in the gap was mostly due to a narrowing in the goods deficit to $267.4 billion from $270.4 billion after firms pared back on imports after front-loading foreign purchases to dodge aggressive tariffs passed by the US Presidential Administration. In the meantime, the services surplus expanded to $89.2 billion from $80.6 billion. The primary account swung to a surplus of $5.2 billion from a deficit of $5.8 billion and the secondary income deficit narrowed slightly to $53.5 billion from $53.6 billion. source: U.S. Bureau of Economic Analysis

The United States recorded a Current Account deficit of 226.40 USD Billion in the third quarter of 2025. Current Account in the United States averaged -65.76 USD Billion from 1960 until 2025, reaching an all time high of 9.96 USD Billion in the first quarter of 1991 and a record low of -439.82 USD Billion in the first quarter of 2025. This page provides the latest reported value for - United States Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The United States recorded a Current Account deficit of 226.40 USD Billion in the third quarter of 2025. Current Account in the United States is expected to be -240.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Current Account is projected to trend around -280.00 USD Billion in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-23 12:30 PM
Current Account
Q2 $-251.3B $-439.8B $-256.3B $-315.0B
2026-01-14 01:30 PM
Current Account
Q3 $-226.4B $-249.2B $-238.4B $ -250.0B
2026-03-25 12:30 PM
Current Account
Q4 $-226.4B $-220.0B

Components Last Previous Unit Reference
Current Account Goods -267.36 -270.41 USD Billion Sep 2025
Current Account Services 89.19 80.60 USD Billion Sep 2025

Related Last Previous Unit Reference
Auto Exports 183.30 147.20 Thousand Oct 2025
Balance of Trade -56.83 -29.21 USD Billion Nov 2025
Current Account -226.40 -249.22 USD Billion Sep 2025
Current Account to GDP -3.90 -3.30 percent of GDP Dec 2024
Exports 292.05 302.92 USD Billion Nov 2025
External Debt 29127909.00 28604291.00 USD Million Sep 2025
Foreign Direct Investment 80553.00 82477.00 USD Million Sep 2025
Imports 348.88 332.12 USD Billion Nov 2025
Terms of Trade 109.32 109.05 points Sep 2025


United States Current Account
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).
Actual Previous Highest Lowest Dates Unit Frequency
-226.40 -249.22 9.96 -439.82 1960 - 2025 USD Billion Quarterly
SA

News Stream
US Current Account Deficit Narrows More than Expected
The United States current account deficit narrowed by $22.8 billion, or 9.2%, to $226.4 billion in the third quarter of 2025, more than market expectations of a $238 billion deficit. The reduction in the gap was mostly due to a narrowing in the goods deficit to $267.4 billion from $270.4 billion after firms pared back on imports after front-loading foreign purchases to dodge aggressive tariffs passed by the US Presidential Administration. In the meantime, the services surplus expanded to $89.2 billion from $80.6 billion. The primary account swung to a surplus of $5.2 billion from a deficit of $5.8 billion and the secondary income deficit narrowed slightly to $53.5 billion from $53.6 billion.
2026-01-14
US Current Account Deficit Narrows from Record High
The United States current account deficit narrowed by $188.5 billion, or 42.9%, to $251.3 billion from the record-high gap in the previous quarter in the second quarter of 2025, broadly aligned with market expectations of a $250 billion deficit. The reduction in the gap was mostly due to a narrowing in the goods deficit to $270.0 billion from $265.8 billion after firms pared back on imports after front-loading foreign purchases to dodge aggressive tariffs passed by the US Presidential Administration. In the meantime, the services surplus was marginally lower at $79.6 billion from $80.3 billion. The primary account deficit widened to $7.7 billion from $2.6 billion and the secondary income deficit widened to $53.2 billion from $51.7 billion.
2025-09-23
US Current Account Gap Widens in Q1
The US current account deficit widened by $138.2 billion, or 44.3%, to $450.2 billion in Q1 2025, up from a revised Q4 deficit of $312 billion and worse than the market expectation of a $443.3 billion gap. The goods deficit rose to $466 billion from $328.9 billion, as imports increased $158.2 billion to $1 trillion, led by nonmonetary gold and consumer goods, mostly medicinal, dental, and pharmaceutical products. Exports increased $21.1 billion to $539 billion, led by capital goods, mainly civilian aircraft and computer accessories, peripherals, and parts. Also, the services surplus narrowed to $75.4 billion from $78 billion, and the primary income balance shifted to a deficit of $7.6 billion from a $1.6 billion surplus in the previous period, due to a decrease in direct investment income, mostly earnings. Meanwhile, the secondary income shortfall fell to $52 billion from $62.6 billion.
2025-06-24