After 1980,the largest current account deficit in the global economy was held by

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The United States had the largest current account deficit in the global economy after 1980. This deficit has persisted for many years, fueled by high levels of consumption and imports, as well as low levels of savings and exports. Other countries, such as China and Germany, have had large surpluses in their current account balances, reinforcing the imbalances in the global economy.

After 1980,the Largest Current Account Deficit in the Global Economy