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Historical Year Data · 2006

US Current Account (% GDP, WEO) in 2006

US Current Account (% GDP, WEO) opened 2006 at -5.91% and closed at -5.91%, a +0.00% move for the year. The high of -5.91% was reached on December 31, and the low of -5.91% on December 31.

Open
-5.91%
2006-01
Close
-5.91%
1 data points
High
-5.91%
Dec 31
Low
-5.91%
Dec 31
Full Year Change
+0.00%
2005 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec-5.91%-5.91%-5.91%-5.91%+0.00%

Events During 2006

2006 US Housing Market Peak
Goldilocks
June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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← US Current Account (% GDP, WEO) in 2005
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US Current Account (% GDP, WEO) in 2007→

Related Metrics

US Real GDP Growth (WEO)
2006
Canada Real GDP Growth (WEO)
2006
Mexico Real GDP Growth (WEO)
2006
Brazil Real GDP Growth (WEO)
2006
Argentina Real GDP Growth (WEO)
2006
UK Real GDP Growth (WEO)
2006

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