"Figure 1: The UK’s current account deficit narrowed substantially in Quarter 2 (Apr to June) 2020 because of trade in precious metals","" "Contributions to the UK’s current account balance as a percentage of gross domestic product, Quarter 3 (July to Sept) 2017 to Quarter 2 (Apr to June) 2020","" "","" "Notes","1. Sum of components may not sum to total because of rounding. 2. Q1 refers to Quarter 1 (Jan to Mar), Q2 refers to Quarter 2 (Apr to June), Q3 refers to Quarter 3 (July to Sept) and Q4 refers to Quarter 4 (Oct to Dec). " "Unit","Percentage of GDP" "","" "","Trade in goods","Trade in services","Total primary income","Total secondary income ","Current account","Current Account balance excluding precious metals" "2017 Q3","-6.6","5.4","-1.1","-1.1","-3.4","-3.4" "2017 Q4","-6.3","5.0","-1.1","-0.9","-3.3","-3.2" "2018 Q1","-6.3","5.3","-1.2","-1.1","-3.4","-3.3" "2018 Q2","-6.3","5.1","-1.1","-1.1","-3.4","-3.1" "2018 Q3","-6.1","5.3","-1.1","-1.3","-3.3","-3.1" "2018 Q4","-6.9","5.1","-1.7","-1.2","-4.7","-4.7" "2019 Q1","-8.9","4.8","-1.1","-1.3","-6.6","-4.6" "2019 Q2","-6.5","5.0","-1.4","-1.2","-4.1","-3.9" "2019 Q3","-5.5","4.9","-2.3","-1.3","-4.2","-4.0" "2019 Q4","-2.8","3.4","-1.9","-1.1","-2.4","-4.5" "2020 Q1","-5.2","5.3","-2.7","-1.2","-3.7","-3.5" "2020 Q2","-2.8","6.3","-2.2","-1.9","-0.6","-2.5"