U.S. International Transactions, 4th Quarter and Year 2023

Q4 2023
-$194.8 B
Q3 2023
-$196.4 B

The U.S. current-account deficit narrowed by $1.6 billion, or 0.8 percent, to $194.8 billion in the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $196.4 billion. The fourth-quarter deficit was 2.8 percent of current-dollar gross domestic product, down less than 0.1 percent from the third quarter.

  • Current Release: March 21, 2024
  • Next Release: June 20, 2024
  • Data Archive Previously published estimates contain historical data and have since been revised. Please contact the International program area with questions
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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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