U.S. balance of payments

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