U.S. International Transactions, First Quarter 2020 and Annual Update

1st quarter 2020:
-$104.2 billion
4th quarter 2019:
-$104.3 billion

The U.S. current account deficit narrowed by $0.1 billion, or 0.1 percent, to $104.2 billion in the first quarter of 2020, according to statistics from the U.S. Bureau of Economic Analysis. The revised fourth quarter deficit was $104.3 billion. The first quarter deficit was 1.9 percent of current dollar gross domestic product, up less than 0.1 percentage point from the fourth quarter.

The June 19, 2020, release institutes new standard tables and improvements to previous tables. For a description of the changes, see Prototype Tables for the International Transactions Accounts.
  • Current Release: June 19, 2020
  • Next Release:  September 18, 2020
  • Data Archive Previously published estimates contain historical data and have since been revised. Please contact the International program area with questions
  • News Release Archive

What are the International Transactions Accounts?

Transactions in goods, services, income, and investment between U.S. residents and residents of other countries each quarter. The transactions reflect U.S. trade; income on stocks, bonds, and loans and related investment; foreign aid; and more.

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