WebJun 1, 2024 · Key information about United States Current Account Balance: % of GDP. In the latest reports of US, Current Account recorded a deficit of 206.8 USD bn in Dec 2024. Foreign Direct Investment (FDI) increased by 38.0 USD bn in Dec 2024. US Direct Investment Abroad expanded by 61.8 USD bn in Dec 2024. Its Foreign Portfolio … WebNov 28, 2024 · For 2024 as a whole, the U.S. current account deficit stood at $635 billion, the world's highest deficit and an increase by about a third over the previous year. That number represents about 3.1% ...
Sectoral balances - Wikipedia
WebMar 8, 2024 · By far the largest bilateral trade imbalance is with China. The United States ran a $419 billion goods deficit with China in 2024. The next largest contributor to the goods deficit, at $151 ... WebDec 31, 2024 · A current account deficit is a trade measurement that says a country imported more goods, services, and capital than it exported. It encompasses the trade deficit plus capital like net income and transfer payments. A nation creates a current account deficit when it relies on foreigners for the capital to invest and spend. bizen tea bowl
The US Trade Deficit and China PIIE
WebMar 24, 2024 · The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $205.5 billion, or 33.4 percent, to $821.6 billion in 2024. The widening mostly reflected an expanded deficit on goods. The 2024 deficit was 3.6 percent of … WebThe US current account deficit reached $850-875 billion in 2006. It has exceeded annual rates of $900 billion in a couple of recent quarters, including the latest for which full data … WebBrazil recorded a Current Account deficit of 1.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Brazil averaged -1.98 percent of GDP from 1980 until 2024, reaching an all … date of issuance of policy