U.S. International Transactions, First Quarter 2022 and Annual Update

Q1 2022
-$291.4B
Q4 2021
-$224.8B

The U.S. current-account deficit widened by $66.6 billion, or 29.6 percent, to $291.4 billion in the first quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $224.8 billion. The first-quarter deficit was 4.8 percent of current-dollar gross domestic product, up from 3.7 percent in the fourth quarter.

  • Current Release: June 23, 2022
  • Next Release: September 22, 2022
  • 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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