Current account balance (credit less debit), Net (credits less debits) in United States
United States: Current account balance (credit less debit), Net (credits less debits) was -1.19 trillion in 2024. ▼ Falling
Current account balance (credit less debit), Net (credits less debits) in United States, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in United States stood at -1.19 trillion. That is the lowest value across all 20 years on record.
That represents a change of down 27.7% on the previous year and down 220.4% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in United States peaked at -339.45 billion in 2013 and was at its lowest, -1.19 trillion, in 2024.
That places United States 198th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Current account balance (credit less debit), Net (credits less debits) in United States, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -749.23 billion | — |
| 2006 | -816.64 billion | +9.0% |
| 2007 | -736.55 billion | -9.8% |
| 2008 | -696.53 billion | -5.4% |
| 2009 | -379.74 billion | -45.5% |
| 2010 | -432.00 billion | +13.8% |
| 2011 | -455.30 billion | +5.4% |
| 2012 | -418.11 billion | -8.2% |
| 2013 | -339.45 billion | -18.8% |
| 2014 | -369.98 billion | +9.0% |
| 2015 | -408.45 billion | +10.4% |
| 2016 | -396.22 billion | -3.0% |
| 2017 | -367.61 billion | -7.2% |
| 2018 | -438.99 billion | +19.4% |
| 2019 | -441.96 billion | +0.7% |
| 2020 | -593.50 billion | +34.3% |
| 2021 | -858.63 billion | +44.7% |
| 2022 | -993.14 billion | +15.7% |
| 2023 | -928.02 billion | -6.6% |
| 2024 | -1.19 trillion | +27.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -675.74 billion | -816.64 billion | -379.74 billion | 5 |
| 2010s | -406.81 billion | -455.30 billion | -339.45 billion | 10 |
| 2020s | -911.72 billion | -1.19 trillion | -593.50 billion | 5 |
Countries ranked near United States
More financial sector data for United States
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.54 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0009 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 82.55 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.71 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 519.73 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 44.97 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,960 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 1.41 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 543.32 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 46.18 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in United States?
- Current account balance (credit less debit), net (credits less debits) in United States was -1.19 trillion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in United States?
- The highest recorded value was -339.45 billion in 2013.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in United States?
- The lowest recorded value was -1.19 trillion in 2024.
- How does United States rank for current account balance (credit less debit), net (credits less debits)?
- United States ranks 198th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in United States?
- Over the last ten years it is down 220.4%. The long-run trend across the full record is falling.
- Where does this United States data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.