Correct. If your lifetime total of Roth IRA contributions was only $5000, and you previously withdrew $7000, then your remaining contributions are zero.
[Edit: I missed here that you are probably preparing your 2024 tax return. If you did not withdraw anything prior to 2024, then your starting contribution amount for 2024 is $5000. You started 2024 with $5000 of prior contributions, did not make new contributions, and withdrew $7000. But, keep in mind the comments below that you need to combine all your Roth IRA accounts for this question.]
However, you need to combine all your Roth IRA contributions at all your accounts. If you have an account at bank A with $5000 contributions, and an account at bank B with $10,000 of contributions, your current contributions are $15,000. IRA stands for "Individual retirement arrangement", and you only have one arrangement for yourself, even if you have more than one account as part of that arrangement.
