The Trump bump in the U.S. trade deficit, 2012–2022

U.S. current account deficit ($billion) U.S. current account, share of GDP
2012 $426.83 2.6%
2013 $348.80 2.1%
2014 $365.20 2.1%
2015 $407.77 2.2%
2016 $432.87 2.3%
2017 $449.14 2.3%
2018 $515.75 2.5%
2019 $652.13 3.0%
2020 $709.42 3.2%
2021 $769.36 3.3%
2022 $809.93 3.4%

Source: EPI analysis of International Monetary Fund, World Economic Outlook Database, Data by Countries. October 2018. Data after 2016 are IMF estimates.

View the underlying data on epi.org.