This is what's breaking the markets right now...The US Current Account value is at the lowest level since 2005-06 (after Greenspan raised interest rates). This indicated we are deeply negative in regard to debt spending and the current Interest rate levels.
No matter how you slice it, this deep US Current Account level indicates "something's got
Key data points
Last release
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Observation period
Q4 2024
Next release
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Forecast
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Highest
9.96 B USD on Mar 31, 1991
Lowest
−310.30 B USD on Sep 30, 2024
About US current account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Related indicators
Frequently Asked Questions
Current account represents a record of a country's international transactions with the rest of the world.
The lowest ever value of US current account is −310.30 B USD.
The highest figure US current account has ever reached is 9.96 B USD.
Last quarter US current account was −303.90 B USD, and the quarter before it reached −310.30 B USD.