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For additional information relating to this article, please contact:

Doug McCann Research and Statistics Officer
Tel: 902-424-2141Email: Douglas.McCann@novascotia.ca

December 24, 2018
UK CURRENT ACCOUNTS, Q3 2018

In 2018 Q3, the UK current account deficit widened by £6.6 billion to £26.5 billion

The UK goods and services trade deficit widened by £1.8 billion to £8.8 billion.

The deficit in goods widened by £0.4 billion to £35.0 billion, while the surplus in services declined by £1.4 billion to £26.2 billion.

The net primary income deficit increased by £3.6 billion to £11.1 billion. 

The net secondary income transfers deficit decreased by £1.2 billion to £6.6 billion.

 

Total net trade deficit increased to £8.8 billion as the net services surplus declined to £26.2 billion, and the net goods deficit increased to £35.0 billion.

Goods exports increased £2.9 billion to £88.9 billion, and goods imports increased £3.3 billion to £123.9 billion for an increased deficit of £35.0 billion. 

Services exports decreased £1.0 billion to £69.7 billion, and services imports increased £313 million to £43.5 billion, for a decreased surplus of £26.2 billion. 



Source:
Office for National Statistics |  Data



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