U.S. International Transactions, 2nd Quarter 2023

Q2 2023
-$212.1 B
Q1 2023
-$214.5 B

The U.S. current-account deficit narrowed by $2.4 billion, or 1.1 percent, to $212.1 billion in the second quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The revised first-quarter deficit was $214.5 billion. The second-quarter deficit was 3.2 percent of current-dollar gross domestic product, up less than 0.1 percent from the first quarter.

  • Current Release: September 21, 2023
  • Next Release: December 20, 2023
  • 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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