Total current account debit/expenditure, Debit/Expenditure in Advanced economies
Advanced economies: Total current account debit/expenditure, Debit/Expenditure was 26.36 trillion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Advanced economies, 2005–2024
Source: International Monetary Fund.
Analysis
Advanced economies recorded 26.36 trillion for total current account debit/expenditure, debit/expenditure in 2024. That is the highest value across all 20 years on record.
The figure is up 3.8% on the previous year and up 43.2% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Advanced economies peaked at 26.36 trillion in 2024 and was at its lowest, 12.18 trillion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Advanced economies, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 12.18 trillion | — |
| 2006 | 14.03 trillion | +15.2% |
| 2007 | 16.41 trillion | +16.9% |
| 2008 | 17.82 trillion | +8.6% |
| 2009 | 13.84 trillion | -22.3% |
| 2010 | 15.37 trillion | +11.0% |
| 2011 | 17.78 trillion | +15.7% |
| 2012 | 17.48 trillion | -1.7% |
| 2013 | 17.88 trillion | +2.3% |
| 2014 | 18.40 trillion | +2.9% |
| 2015 | 16.70 trillion | -9.3% |
| 2016 | 16.63 trillion | -0.4% |
| 2017 | 18.16 trillion | +9.2% |
| 2018 | 20.01 trillion | +10.2% |
| 2019 | 19.84 trillion | -0.9% |
| 2020 | 17.92 trillion | -9.7% |
| 2021 | 21.57 trillion | +20.4% |
| 2022 | 24.46 trillion | +13.4% |
| 2023 | 25.40 trillion | +3.8% |
| 2024 | 26.36 trillion | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.86 trillion | 12.18 trillion | 17.82 trillion | 5 |
| 2010s | 17.82 trillion | 15.37 trillion | 20.01 trillion | 10 |
| 2020s | 23.14 trillion | 17.92 trillion | 26.36 trillion | 5 |
Countries ranked near Advanced economies
- 1 United States of America 6.06 trillion compare
- 2 China 3.72 trillion compare
- 3 Germany 2.26 trillion compare
- 4 United Kingdom of Great Britain and Northern Ireland 1.78 trillion compare
- 5 France 1.53 trillion compare
More trade data for Advanced economies
- Goods, Debit/Expenditure 13.67 trillion (2024)
- Primary income, Debit/Expenditure 6.23 trillion (2024)
- Services, Debit/Expenditure 5.54 trillion (2024)
- Secondary income, Debit/Expenditure 1.36 trillion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 208.09 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Advanced economies?
- Total current account debit/expenditure, debit/expenditure in Advanced economies was 26.36 trillion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Advanced economies?
- The highest recorded value was 26.36 trillion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Advanced economies?
- The lowest recorded value was 12.18 trillion in 2005.
- How does Advanced economies rank for total current account debit/expenditure, debit/expenditure?
- Advanced economies ranks 2nd out of 9 groups with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Advanced economies?
- Over the last ten years it is up 43.2%. The long-run trend across the full record is rising.
- Where does this Advanced economies data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.