Current Account Balance (USD)

Measures trade in goods and services and income flows.

Latest reading: -311967.0 (2024-12-31)  ·  Billions of USD

Category: Economy

API Endpoint

/api/v1/announcements/usd/current_account_balance

About Current Account Balance (USD)

United States's current account balance measures the broadest measure of trade flows, including goods, services, primary income (investment returns), and secondary income (transfers). It is the most comprehensive external balance indicator.

Why FX traders watch it

A persistent current account deficit means United States must attract foreign capital to fund the shortfall, making the usd vulnerable to shifts in investor appetite. Current account surpluses imply structural usd demand.

How to interpret the data

Improvement (less deficit, more surplus) is usd-positive as it implies reduced dependence on foreign capital. A sudden widening of a deficit, especially if driven by external factors, is a warning sign for usd stability.

Historical Current Account Balance (USD)

Source: FRED (BEA)  ·  Quarterly  ·  Billions of USD

Data provided by FXMacroData via the /api/v1/announcements/usd/current_account_balance endpoint. For access, see pricing.

Data Source

Primary Source

FRED (BEA)

Official Series ID

IEABC

Data Format and Properties

Data Frequency

Quarterly

Unit of Measure

Billions of USD

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "USD",
    "indicator": "current_account_balance",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Current Account Balance data for USD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/usd/current_account_balance?start_date=2023-01-01&end_date=2023-12-31