United States Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
United States's current account balance was -3.99% in 2025, ranked 133rd globally. This represents a 3.3% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
United States's current account balance stood at -3.99% in 2025, a rise of +0.13% from 2024. The IMF projects -3.99% by 2025. United States ranked 133rd globally.
The United States’ current‑account balance has been persistently negative since the early 2000s, reaching a record deficit of –5.91 in 2006, the all‑time trough for the 56‑year series that begins with a modest surplus of 0.24 in 1970. After a brief peak of 1.06 in 1975, the balance slipped into deficit and has remained so, deteriorating to –3.99 in 2025, which places the United States at rank 133 globally and just above peers such as Lesotho (–3.90) and Georgia (–4.53). The post‑2006 decline reflects structural imbalances in trade, persistent fiscal deficits and the dollar’s role as a reserve currency, which together have amplified the outflow of primary income and investment earnings. Unless policy measures succeed in boosting export competitiveness, reducing the fiscal gap and diversifying income streams, the current‑account deficit is likely to stay at similar or deeper levels in the near term.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -3.48% | - | - |
| 2029* IMF | -3.63% | - | - |
| 2028* IMF | -3.59% | - | - |
| 2027* IMF | -3.58% | - | - |
| 2026* IMF | -3.62% | - | - |
| 2025* IMF | -3.99% | - | - |
| 2025 | -3.99% | +0.13% | #133 |
| 2024 | -4.12% | −0.79% | #61 |
| 2023 | -3.40% | +0.41% | #70 |
| 2022 | -3.88% | −0.26% | #83 |
| 2021 | -3.68% | −0.91% | #78 |
| 2020 | -2.82% | −0.77% | #82 |
| 2019 | -2.07% | +0.06% | #97 |
| 2018 | -2.14% | −0.26% | #107 |
| 2017 | -1.89% | +0.22% | #100 |
| 2016 | -2.12% | +0.11% | #114 |
| 2015 | -2.24% | −0.14% | #106 |
| 2014 | -2.11% | −0.10% | #106 |
| 2013 | -2.02% | +0.56% | #113 |
| 2012 | -2.57% | +0.35% | #106 |
| 2011 | -2.92% | −0.05% | #99 |
Analysis
United States's current account balance was -3.99% in 2025, a rise of +0.13% from 2024. IMF projects -3.99% by 2025.
Frequently Asked Questions
United States's current account balance was -3.99% in 2025. Ranked 133rd globally. This represents a 3.3% increase from the previous year.
United States's current account balance peaked at 1.06% in 1975.
The lowest current account balance in United States was -5.91% in 2006.
United States ranks 133rd globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
United States's current account balance is projected to reach -3.99% by 2025 based on IMF projection.
The current account balance of United States in 2025 was -3.99%. This ranks 133rd in the world.
Cite this page
@misc{historysaid_united-states_current-account,
title = {United States Current Account Balance},
url = {https://historysaid.com/united-states/current-account/},
publisher = {HistorySaid},
year = {2026}
}