The U.S. current-account deficit widened by $228.2 billion, or 25.2%, to $1.13 trillion in 2024, representing 3.9% of current-dollar GDP, up from 3.3% in 2023. This increase was primarily driven by a larger deficit in goods, along with a shift in the primary income balance from a surplus in 2023 to a deficit in 2024. source: U.S. Bureau of Economic Analysis
The United States recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in the United States averaged -2.72 percent of GDP from 1980 until 2024, reaching an all time high of 0.20 percent of GDP in 1981 and a record low of -6.00 percent of GDP in 2006. This page provides - United States Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Current Account to GDP - values, historical data and charts - was last updated on February of 2026.
The United States recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in the United States is expected to reach -3.70 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Current Account to GDP is projected to trend around -3.70 percent of GDP in 2027 and -3.60 percent of GDP in 2028, according to our econometric models.