US current account deficit totaled 470.2bn last year, 3.2% of GDP

Thursday, March 17th 2011 - 05:34 UTC

Full article 2 comments

The current-account deficit in the U.S. narrowed 9.7% to 113.3 billion US dollars in the fourth quarter, reflecting an increase in exports. The deficit for all of last year widened to 470.2 billion USD or 3.2% of GDP from 2.7% in 2009. Read full article

Comments

Disclaimer & comment rules

mastershakejb
Wrong, USA deficit last year was 1.4 trillion dollars, 11 percent of GDP.
Mar 17th, 2011 - 11:40 am - Link - Report abuse 0
-+
Forgetit87
@mastershakejb

The 1.4 tri dollars deficit you're talking about was a budget deficit. The 470 bn dollars deficit the article refers to is a trade deficit.
Mar 18th, 2011 - 12:23 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!