U.S. International Transactions and Investment Position, 1st Quarter 2026 and Annual Update

Q1 2026
-$226.8 B
Q4 2025
-$221.1 B

The U.S. current-account deficit resulting from international economic transactions widened by $5.8 billion, or 2.6 percent, to $226.8 billion in the first quarter of 2026, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $221.1 billion. The first-quarter deficit was 2.9 percent of current-dollar gross domestic product, up from 2.8 percent in the fourth quarter.

End of Q1 2026
-$21.27 T
End of Q4 2025
-$21.87 T

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$21.27 trillion at the end of the first quarter of 2026. Assets totaled $43.37 trillion, and liabilities totaled $64.64 trillion. At the end of the fourth quarter of 2025, the net investment position was –$21.87 trillion (revised).

  • Current Release: June 24, 2026
  • Next Release: September 24, 2026
  • Data Archive HTML?HMI=12&OLDDIV=INTERNATIONAL%20ACCOUNTS 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.

Learn More

Director’s Blog: Balance of Payments

 

Contact Personnel