The United States had the largest account deficit of the G7 countries between 2010 and 2023. Moreover, its deficit increased sharply from 2019 to 2022, from minus 442 billion U.S. dollars to minus one trillion dollars in 2024. The account balance of the other six countries fluctuated more, with Germany having the highest positive balance at 312 billion U.S. dollars. In terms of share of gross domestic product (GDP), the United Kingdom had the highest account balance deficit of the G7.
Account balance of G7 countries from 2010 to 2024, by country
(in billion U.S. dollars)
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IMF. (October 22, 2024). Account balance of G7 countries from 2010 to 2024, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1371011/g7-government-account-balance/
IMF. "Account balance of G7 countries from 2010 to 2024, by country (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1371011/g7-government-account-balance/
IMF. (2024). Account balance of G7 countries from 2010 to 2024, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1371011/g7-government-account-balance/
IMF. "Account Balance of G7 Countries from 2010 to 2024, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1371011/g7-government-account-balance/
IMF, Account balance of G7 countries from 2010 to 2024, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1371011/g7-government-account-balance/ (last visited November 25, 2024)
Account balance of G7 countries from 2010 to 2024, by country (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1371011/g7-government-account-balance/
