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United Kingdom Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

United Kingdom's current account balance was -3.09% in 2025, ranked 115th globally. This represents a 41.3% decrease from 2024. Data from World Bank, covering 1970–2025.

-3.09% −0.90% (-41.3%)
Year 2025 Rank #115 Global Peak 2.61% (1981) Source World Bank

United Kingdom Current Account Balance (1970–2025)

Overview

United Kingdom's current account balance stood at -3.09% in 2025, a decline of +0.90% from 2024. The IMF projects -3.09% by 2025. United Kingdom ranked 115th globally.

The United Kingdom's current account balance has exhibited significant fluctuations over the past five and a half decades, with the latest value standing at -3.09, ranking 115 globally. The all-time peak was reached in 1981 at 2.61, while the all-time trough occurred in 2016 at -5.46. This indicates a substantial decline in the country's net export position since the early 1980s. In comparison, Sudan, a peer country, had a current account balance of -3.07 in 2025, suggesting the UK's position is relatively stable among its peers. The UK's current account balance has been in a downward trend since the 2000s, with a brief respite during the mid-2010s. To alter this trajectory, a significant improvement in the country's trade balance, potentially driven by increased exports of high-value goods and services, would be necessary.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -2.21% - -
2029* IMF -2.37% - -
2028* IMF -2.45% - -
2027* IMF -2.60% - -
2026* IMF -2.96% - -
2025* IMF -3.09% - -
2025 -3.09% −0.90% #115
2024 -2.19% +1.32% #80
2023 -3.58% −1.47% #65
2022 -2.07% −1.63% #111
2021 -0.75% +2.18% #111
2020 -2.93% −0.24% #79
2019 -2.66% +1.26% #85
2018 -3.89% −0.39% #74
2017 -3.47% +1.97% #75
2016 -5.46% −0.51% #59
2015 -4.92% +0.10% #71
2014 -4.98% −0.33% #71
2013 -4.63% −1.49% #80
2012 -3.13% −1.50% #99
2011 -1.62% +1.14% #119
Show all years (1970-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +24.7% GDP growth 3.6% C/A balance 0.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

United Kingdom matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is United Kingdom's current account balance?▾

United Kingdom's current account balance was -3.09% in 2025. Ranked 115th globally. This represents a 41.3% decrease from the previous year.

What was the highest current account balance in United Kingdom?▾

United Kingdom's current account balance peaked at 2.61% in 1981.

What was the lowest current account balance in United Kingdom?▾

The lowest current account balance in United Kingdom was -5.46% in 2016.

How does United Kingdom rank in current account balance?▾

United Kingdom ranks 115th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of United Kingdom in 2025?▾

United Kingdom's current account balance is projected to reach -3.09% by 2025 based on IMF projection.

What is the current account balance of United Kingdom in 2025?▾

The current account balance of United Kingdom in 2025 was -3.09%. This ranks 115th in the world.

Cite this page

APA
United Kingdom Current Account Balance. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/united-kingdom/current-account/
BibTeX
@misc{historysaid_united-kingdom_current-account, title = {United Kingdom Current Account Balance}, url = {https://historysaid.com/united-kingdom/current-account/}, publisher = {HistorySaid}, year = {2026} }
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