Balance on current account
IEABC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-450,170.00
Year-over-Year Change
59.32%
Date Range
1/1/1999 - 1/1/2025
Summary
The Balance on Current Account measures the net flow of goods, services, income, and unilateral transfers between the U.S. and other countries. It's a key indicator of a nation's economic performance and global trade position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance on Current Account tracks the difference between the value of a country's imports and exports of goods, services, income, and unilateral transfers. It provides insight into a nation's trade balance and international competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor the current account balance to assess the strength of the U.S. economy and make informed decisions.
Key Facts
- The U.S. has run a current account deficit since the 1970s.
- The deficit reached a record high of over $800 billion in 2006.
- Reducing the current account deficit is a key policy goal for many governments.
FAQs
Q: What does this economic trend measure?
A: The Balance on Current Account measures the net flow of goods, services, income, and unilateral transfers between the U.S. and other countries.
Q: Why is this trend relevant for users or analysts?
A: The current account balance provides insight into a nation's trade position and international competitiveness, making it a key indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the current account balance to assess the strength of the U.S. economy and make informed decisions about trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The current account data is published quarterly by the Bureau of Economic Analysis, with a typical release delay of 2-3 months.
Similar IEABC Trends
Citation
U.S. Federal Reserve, Balance on current account (IEABC), retrieved from FRED.