United Kingdom

United KingdomCurrent account

UK desk: United Kingdom first; euro area, United States, Canada, Australia, Korea, Taiwan and New Zealand alongside.

-2.43%

+0.53 pp

As of 2025 | % of GDP

Latest
-2.43% 2025
Previous year
-2.96% 2024
Min
-5.46% 2016
Max
2.61% 1981
YearValue
2025-2.43%
2024-2.96%
2023-3.58%
2022-2.07%
2021-0.75%
2020-2.93%
2019-2.66%
2018-3.89%
2017-3.47%
2016-5.46%
2015-4.92%
2014-4.98%
2013-4.63%
2012-3.13%
2011-1.62%
2010-2.76%
2009-3.02%
2008-3.87%
2007-3.72%
2006-3.11%
2005-1.98%
2004-2.28%
2003-1.82%
2002-1.97%
#CountryCurrent accountChangeYear
7Ireland17.40%+9.51 pp202445Germany4.51%−1.39 pp202584France-0.27%−0.36 pp202596Canada-0.95%−0.46 pp2025110United Kingdom-2.43%+0.53 pp2025115Australia-2.68%−0.37 pp2025129New Zealand-3.62%+1.01 pp2025131United States-3.63%+0.42 pp2025

What the current account is

The current-account balance as a share of GDP (BN.CAB.XOKA.GD.ZS) is exports minus imports of goods and services, plus net primary income and current transfers, divided by GDP. A surplus means the economy is a net lender to the rest of the world. Latest: -2.43% in 2025.

A large surplus or deficit is not automatically good or bad; it depends on saving, investment and the exchange rate. From 1970 to 2025 (56 years): latest -2.43% (2025), previous year -2.96% (2024); low -5.46% (2016), high 2.61% (1981).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).