currently amounting to

USAGE SUMMARY

The phrase "currently amounting to" is correct and usable in written English.
It can be used to describe a present total or quantity that is being measured or calculated at the moment. Example: "The company's profits are currently amounting to $1 million this quarter."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

Britain continued to accumulate civilian plutonium, currently amounting to 84 tonnes, along with foreign-owned plutonium, currently 28 tonnes.

Independent

At the talks, EU member states helped to ease the financing issue by announcing new commitments for funds to flow from 2013, currently amounting to more than €7bn (£5bn), and counting.

The Guardian

Because health expenditures continue to exceed targeted levels, the S.G.R. formula would trigger automatic fee reductions — currently amounting to almost a 25 percent payment cut to Medicare physician payments on Jan . 1 2014, if nothing is done.

The New York Times

What's more, parachute payments to relegated clubs (currently amounting to £32 million) are anticipated to rise to at least £80 million over two years; dropping out of the Premier League this season could lead to permanent exclusion from a mini-league of teams likely to yo-yo as the country's top two divisions become severed.

Independent

According to Anodos, the costs per prototype are currently amounting to a whopping $1,900, mainly incurred by the FED display.

TechCrunch

China is America's largest export market after Canada and Mexico and is the fastest growing of its major trading partners — currently amounting to over $113 billion worth of exports per year.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

Investment currently amounts to £4 billion-6 billion a year.

The Economist

Howard's outstanding tuition fees currently amount to eighteen million dollars.

The New Yorker

The city's outstanding liabilities currently amount to eighteen billion dollars.

The New Yorker

Minimum welfare payments to German citizens currently amount to $459.

The New York Times

Even so, the percentage of reused and recycled waste currently amounts to 43%.

Resources, Conservation and Recycling

Expert writing Tips

Best practice

When using the phrase "currently amounting to", ensure that the timeframe for 'currently' is clearly defined or understood within the context of your writing.

Common error

Avoid using "currently amounting to" when the information is no longer current or accurate; ensure the data is up-to-date to maintain credibility.

Linguistic Context

The phrase "currently amounting to" functions as a present progressive verb phrase, indicating a sum or quantity that is being calculated or measured at the present time. Ludwig AI confirms the phrase's correctness and usability.

Expression frequency: Uncommon

Frequent in

News & Media

38%

Science

31%

Wiki

6%

Less common in

Formal & Business

25%

Ludwig's WRAP-UP

The phrase "currently amounting to" is a grammatically correct and usable phrase employed to denote a present, evolving total. As Ludwig AI confirms, it is best suited for providing precise, up-to-date figures across varied contexts like news reports, scientific papers, and general documentation. While there are other ways of expressing a present quantity, the key is maintaining currency in the information and choosing wording that fits the desired level of formality.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

currently totaling

Replaces "amounting to" with "totaling", focusing on the sum or aggregate.

currently adding up to

Emphasizes the process of accumulation rather than the static total.

currently reaching

Highlights the achievement of a certain level or quantity.

presently aggregating to

More formal and emphasizes the combined total.

at present representing

Focuses on what the current amount signifies or constitutes.

as of now accumulating to

Highlights the accumulation that has happened until this point.

now constituting

Similar to 'representing' but focuses on composition or makeup.

to date measuring

Focuses on the act of measuring or quantifying the present amount.

at this time comprising

Focuses on the components or parts that make up the current total.

up to now reflecting

Similar to 'representing' but focuses on the way the current amount portrays.

FAQs

How do I use "currently amounting to" in a sentence?

Use "currently amounting to" to specify a present total or quantity. For example, "The project's expenses are "currently amounting to" $50,000."

What are some alternatives to "currently amounting to"?

You can use phrases like "currently totaling", "currently reaching", or "presently aggregating to" as alternatives.

Is it correct to say "is currently amounting to"?

Yes, it is grammatically correct. The phrase "is currently amounting to" emphasizes that the amount is in the process of reaching a certain total at the present time.

What's the difference between "currently amounting to" and "amounted to"?

"Currently amounting to" refers to a present total, while "amounted to" refers to a past total. For example, "The costs are currently amounting to $1000" (present) vs. "The costs amounted to $800 last month" (past).