United States current account to gdp

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United States current account to gdp: -3 (-21.05%)
Last Update: December 31, 2023

United States current account to gdp closed down -3 as of December 31, 2023 from -3.8 from the previous month and -3.1 from last year.


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United States current account to gdp

Date Values
2023-12-31 -3
2022-12-31 -3.8
2021-12-31 -3.6
2020-12-31 -3.1
2019-12-31 -2.2
2018-12-31 -2.4
2017-12-31 -2.3
2016-12-31 -2.4
2015-12-31 -2.6
2014-12-31 -2.2
2013-12-31 -2.4
2012-12-31 -2.7
2011-12-31 -3.1
2010-12-31 -3.2
2009-12-31 -2.7
2008-12-31 -4.7
2007-12-31 -5.1
2006-12-31 -6
2005-12-31 -5.9
2004-12-31 -5.3
2003-12-31 -4.7
2002-12-31 -4.3
2001-12-31 -3.9
2000-12-31 -4.2

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United States current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp us.currentaccountgdp -3.0 -3.8 -21 -3 Down UP 0 2023-12-31

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United States current account to gdp Historical Data

The MacroVar database offers free access to historical data for the United States 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 States current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the United States current account to gdp

The United States current account to GDP ratio measures the country's trade balance in relation to the size of its economy. A negative current account balance means that the country is importing more goods and services than it is exporting, leading to a deficit. This can be a cause for concern as it indicates that the country is relying on foreign investments and borrowing to finance its consumption. Conversely, a positive current account balance means that the country is exporting more than it is importing, which can be a sign of a strong economy. Monitoring the current account to GDP ratio is important for policymakers as it can provide insights into the country's economic health and sustainability of its trade relationships.

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