U.S. balance of payments
How the U.S. Current Account Deficit was Funded Last Quarter and in 2009
March 18, 2010
The table below compares funding of the U.S. current account deficit in 4Q09 to the three prior quarters and its funding in calendar 2009 to 2008. The deficit widened to 3.2% of GDP in 4Q from roughly 2.9% in the first three quarters of 2009 and the year as a whole. The 2008 current account [...] More
How the Third-Quarter U.S. Current Account Deficit Was Funded
December 16, 2009
The $108.0 billion current account deficit in 3Q09 equaled 3.0% of GDP, similar to the ratios of 2.8% in 2Q09 and 2.9% in the first quarter but well below a deficit equal to 5.1% of GDP a year earlier. The value of the deficit was $10.1 billion or 10.3% wider than in the second quarter. [...] More