United Kingdom current account to gdp

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United Kingdom current account to gdp: -3.3 (6.45%)
Last Update: December 31, 2023

United Kingdom current account to gdp closed down -3.3 as of December 31, 2023 from -3.1 from the previous month and -1.8 from last year.


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United Kingdom current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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United Kingdom current account to gdp

Date Values
2023-12-31 -3.3
2022-12-31 -3.1
2021-12-31 -1.5
2020-12-31 -3.2
2019-12-31 -3.8
2018-12-31 -3.9
2017-12-31 -3.5
2016-12-31 -5.2
2015-12-31 -4.9
2014-12-31 -4.7
2013-12-31 -4.8
2012-12-31 -3.4
2011-12-31 -1.8
2010-12-31 -3.2
2009-12-31 -3.3
2008-12-31 -3.9
2007-12-31 -3.3
2006-12-31 -2.8
2005-12-31 -1.9
2004-12-31 -2.3
2003-12-31 -1.8
2002-12-31 -2.1
2001-12-31 -2.1
2000-12-31 -2.3

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United Kingdom current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp uk.currentaccountgdp -3.3 -3.1 6 83 UP Down 0 2023-12-31

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United Kingdom current account to gdp Historical Data

The MacroVar database offers free access to historical data for the United Kingdom current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of United Kingdom current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the United Kingdom current account to gdp

The United Kingdom's current account to GDP ratio represents the country's balance of trade in goods and services, income, and transfers with the rest of the world as a percentage of its annual economic output. A positive current account balance indicates that the UK is exporting more goods and services than it is importing, while a negative balance suggests the opposite. A high current account to GDP ratio can indicate a strong export sector and overall economic health, while a low ratio may signal a reliance on imports and potential vulnerability to economic shocks. Monitoring this ratio is important for policymakers to understand the country's external economic position and make informed decisions to maintain a sustainable balance of trade.

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