Annual, Not Seasonally Adjusted
BPDBTF01ATA636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,643,000,000.00
Year-over-Year Change
57.38%
Date Range
1/1/1992 - 1/1/2013
Summary
This economic trend measures the annual, not seasonally adjusted balance of payments current account balance for the United States. It provides insights into the country's international economic position and trade dynamics.
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 of payments current account balance represents the net value of transactions between U.S. residents and the rest of the world. It includes the trade balance, net income, and net current transfers, offering a comprehensive view of the U.S. external sector.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis based on survey and administrative sources.
Historical Context
This indicator is closely watched by policymakers, economists, and investors to assess the U.S. economic and trade performance.
Key Facts
- The U.S. current account deficit widened to $234.8 billion in 2021.
- The current account balance is one of the three main components of the balance of payments.
- The U.S. has run a current account deficit since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted balance of payments current account balance for the United States. It represents the net value of transactions between U.S. residents and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is a key indicator of a country's international economic position and trade dynamics. It is closely watched by policymakers, economists, and investors to assess the U.S. economic and trade performance.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis based on survey and administrative sources.
Q: How is this trend used in economic policy?
A: The current account balance is used by policymakers, economists, and analysts to evaluate the U.S. external sector and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with some delay compared to the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPDBTF01ATA636S), retrieved from FRED.