Total current account debit/expenditure, Debit/Expenditure in Western Hemisphere
Western Hemisphere: Total current account debit/expenditure, Debit/Expenditure was 2.17 trillion in 2024. β² Rising
Total current account debit/expenditure, Debit/Expenditure in Western Hemisphere, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Western Hemisphere stood at 2.17 trillion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 37.1% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Western Hemisphere peaked at 2.17 trillion in 2024 and was at its lowest, 715.37 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 952.93 billion | 715.37 billion | 1.21 trillion | 5 |
| 2010s | 1.49 trillion | 1.25 trillion | 1.62 trillion | 10 |
| 2020s | 1.87 trillion | 1.29 trillion | 2.17 trillion | 5 |
Countries ranked near Western Hemisphere
More trade data for Western Hemisphere
- Goods, Debit/Expenditure 1.43 trillion (2024)
- Primary income, Debit/Expenditure 365.08 billion (2024)
- Services, Debit/Expenditure 338.90 billion (2024)
- Secondary income, Debit/Expenditure 36.86 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 19.05 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Western Hemisphere?
- Total current account debit/expenditure, debit/expenditure in Western Hemisphere was 2.17 trillion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Western Hemisphere?
- The highest recorded value was 2.17 trillion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Western Hemisphere?
- The lowest recorded value was 715.37 billion in 2005.
- How does Western Hemisphere rank for total current account debit/expenditure, debit/expenditure?
- Western Hemisphere ranks 7th out of 9 groups with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Western Hemisphere?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- Where does this Western Hemisphere 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.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.