Breakdown of the current account balances of G20 countries 2025 and 2028

Published by
Jose Sanchez,
May 30, 2025

In 2025, Germany is predicted to have the highest current account surplus among the 19 G20 member countries, exceeding 300 billion U.S. dollars. Conversely, the United States had the largest current account deficit at approximately 778.35 billion U.S. dollars, with projections indicating a continued deficit of around 777.32 billion dollars by 2028.

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Current account balances G20 countries in 2025 and projections for 2028 (in billion U.S. dollars)

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Release date

May 2025

Region

Worldwide, Argentina, Australia, Brazil, Canada, China, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, German Democratic Republic

Survey time period

2023

Special properties

World Economic Outlook database: October 2023

Supplementary notes

* estimates from October 2023 data.

For specific notes for each country, please check sources.

The G20 is an international organization whose permanent members are 19 countries and the European Union. Data for the European Union has been excluded due to overlap with G20 members France, Germany and Italy.

Release date represents the date figures were accessed.

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