However, examples of high or persistent current account deficits abound among industrialized economies, including Canada (averaging 2.5 percent of GDP from 1975 through 1998), the United Kingdom (1.9 percent of GDP from 1984 through 2003), and Australia (4.1 percent of GDP from 1974 through 2003).
Global investors have confidence that in countries such as these as well as in the United States they can safely seek the highest possible return for their funds.