U.S. current account and goods trade balance, actual and forecast, 2010–2023

Alternate goods trade balance Estimate* IMF WEO goods trade balance IMF WEO current account balance
2010 -631.158 -648.677 -431.266
2011 -684.672 -740.646 -445.663
2012 -686.817 -741.171 -426.833
2013 -586.648 -702.245 -348.801
2014 -640.815 -751.494 -365.199
2015 -745.191 -761.855 -407.765
2016 -822.59 -752.507 -432.874
2017 -886.2 -811.212 -449.141
2018 -1055.17 -851.471 -515.75
2019 -1381.66 -989.17 -652.127
2020 -1554.69 -1042.79 -709.418
2021 -1742.07 -1102.8 -769.364
2022 -1892.88 -1162.9 -809.928
2023 -1950.97  -1178.9  -809.563

*Based on IMF CA forecast and trend of the ratio of the actual trade balance to current account forecast.

Note: Data labels are rounded to the nearest hundred.

Source: EPI analysis of IMF World Economic Outlook Database, October 2018

View the underlying data on epi.org.