The U.S. Current-Account Deficit Widened by 44.3 Percent to $450.2 Billion in the First Quarter of 2025

25 June 2025

The U.S. current-account deficit, widened by $138.2 billion, or 44.3 percent, to $450.2 billion in the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $312.0 billion. The first-quarter deficit was 6.0 percent of current-dollar gross domestic product, up from 4.2 percent in the fourth quarter.
 
The $138.2 billion widening of the current-account deficit in the first quarter mostly reflected an expanded deficit on goods.
 
Exports of goods increased $21.1 billion to $539.0 billion, and imports of goods increased $158.2 billion to $1.00 trillion.
 
Source:  Bureau of Economic Analysis
Post by: Republic of Türkiye Ministry of Trade