GBP Current Account
It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country;
The goods portion has no impact because it's a duplicate of the monthly Trade Balance data;
- GBP Current Account Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 28, 2024 | -21.0B | -17.7B | -21.2B |
Mar 28, 2024 | -21.2B | -21.3B | -18.5B |
Dec 22, 2023 | -17.2B | -13.1B | -24.0B |
Sep 29, 2023 | -25.3B | -14.5B | -15.2B |
Jun 30, 2023 | -10.8B | -9.8B | -2.5B |
Mar 31, 2023 | -2.5B | -17.5B | -12.7B |
Dec 22, 2022 | -19.4B | -20.0B | -35.1B |
Sep 30, 2022 | -33.8B | -43.2B | -43.9B |
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- GBP Current Account News
The underlying UK current account deficit, excluding precious metals, narrowed by £2.5 billion to £23.8 billion, or 3.5% of gross domestic product (GDP), in Quarter 1 (Jan to Mar) 2024. The UK current account deficit, when trade in precious metals is included, narrowed to £21.0 billion, or 3.1% of GDP. The total trade deficit, excluding precious metals, narrowed to £6.2 billion, as the goods deficit narrowed to £44.6 billion, and services surplus expanded to £38.5 billion. The primary income account deficit widened to £10.9 billion, ...
The underlying UK current account deficit excluding precious metals expanded to £26.3 billion, or 3.9% of gross domestic product (GDP), in Quarter 4 (Oct to Dec) 2023, a widening of £5.9 billion from Quarter 3 (July to Sept) 2023. The UK current account deficit when trade in precious metals is included, increased to £21.2 billion, or 3.1 % of GDP. The total trade deficit excluding precious metals expanded by £3.9 billion to £12.5 billion (1.8% of GDP) as the goods deficit widened to £49.0 billion and services surplus narrowed to ...
The underlying UK current account deficit excluding precious metals narrowed by £9.1 billion to £19.1 billion, or 2.8% of gross domestic product (GDP), in Quarter 3 (July to September) 2023. The UK current account deficit, when trade in precious metals is included, fell to £17.2 billion, or 2.5% of GDP in Quarter 3 2023. The total trade deficit excluding precious metals narrowed to £7.1 billion (1.0% of GDP) in Quarter 3 2023, as the goods deficit narrowed to £46.2 billion, and the services surplus expanded to £39.1 billion. The ...
The underlying UK current account deficit excluding precious metals increased by £7.1 billion to £28.5 billion, or 4.2% of gross domestic product (GDP), in Quarter 2 (Apr to June) 2023. The UK current account deficit expanded to £25.3 billion, or 3.7 % of GDP, when trade in precious metals is included. In Quarter 2 2023, the total trade deficit excluding precious metals narrowed to £13.1 billion as the goods deficit narrowed to £51.3 and the services surplus narrowed to £38.2 billion. The primary income account recorded a deficit ...
The underlying UK current account deficit, excluding precious metals, narrowed to £17.0 billion or 2.6% of gross domestic product (GDP) in Quarter 1 (Jan to Mar) 2023, a change of £4.1 billion from the previous quarter when the deficit of £21.1 billion equated to 3.3% of GDP. When trade in precious metals is included, the UK current account deficit widened to £10.8 billion, or 1.7% of GDP in Quarter 1 2023. In Quarter 1 2023, the total trade deficit, excluding precious metals, narrowed to £19.4 billion from £25.4 billion in the ...
The underlying UK current account deficit narrowed to £21.1 billion or 3.3% of gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2022, a fall from the £26.3 billion (4.2% of GDP) deficit the previous quarter. When trade in precious metals is included, the UK current account deficit narrowed to £2.5 billion, or 0.4% of GDP in Quarter 4 2022. In Quarter 4 2022 the total trade deficit increased to £25.4 billion from £24.1 billion in the previous quarter; the goods deficit widened by £1.4 billion to £63.9 billion and the services ...
The underlying UK current account deficit excluding precious metals reduced to £32.5 billion or 5.2% of gross domestic product (GDP) in Quarter 3 (July to Sept) 2022, a change of £0.9 billion from the previous quarter. The UK current account deficit, when trade in precious metals is included, reduced to £19.4 billion, or 3.1% of GDP in Quarter 3 2022. In Quarter 3 2022, the total trade deficit, excluding precious metals, reduced to £23.9 billion as the goods deficit expanded to £64.4 billion and services surplus expanded to £40.5 ...
The underlying UK current account deficit excluding precious metals reduced to £32.5 billion or 5.3 % of gross domestic product (GDP) in Quarter 2 (Apr to June) 2022, a change of £4.4 billion from the previous quarter. The UK current account deficit, when trade in precious metals is included, reduced to £33.8 billion, or 5.5 % of GDP in Quarter 2 2022. In Quarter 2 2022, the total trade deficit, excluding precious metals, reduced to £25.0 billion as the goods deficit expanded to £61.1 billion and services surplus expanded to £36.1 ...
Released on Jun 28, 2024 |
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Released on Mar 28, 2024 |
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Released on Dec 22, 2023 |
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Released on Sep 29, 2023 |
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Released on Jun 30, 2023 |
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Released on Mar 31, 2023 |
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Released on Dec 22, 2022 |
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Released on Sep 30, 2022 |
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- Details