Euro Area Current Account  1999-2017 | Data | Chart | Calendar | Forecast

Eurozone's current account surplus fell to EUR 18.3 billion in May 2017 from EUR 21.3 billion in the same month of the previous year, as the goods surplus narrowed to EUR 28.9 billion from EUR 32.8 billion in May 2016 and the services surplus declined to EUR 3.5 billion from EUR 5.7 billion. Meanwhile, the secondary income deficit widened to EUR 7.9 billion from EUR 7.5 billion a year ago and the primary income gap went down to EUR 6.2 billion from EUR 9.7 billion. In the first five months of the year, the current account surplus decreased to EUR 110.9 billion from EUR 128.0 billion in the same period of 2016. Current Account in the Euro Area averaged 5.62 EUR Billion from 1999 until 2017, reaching an all time high of 44.72 EUR Billion in March of 2017 and a record low of -28.51 EUR Billion in January of 2008.

Euro Area Current Account
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-19 08:00 AM Mar €44.8B €27.8B € 39.8B
2017-06-20 08:00 AM Apr €21.5B €46.4B € 43.6B
2017-07-20 08:00 AM May €18.3B €22.8B € 20.8B
2017-08-18 08:00 AM Jun €18.3B € 30.4B
2017-09-19 08:00 AM Jul € 30.1B
2017-10-20 08:00 AM Aug € 24.5B




Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 21417.50 16830.90 30092.40 -16510.20 EUR Million [+]
Exports 189565.70 168916.10 205182.20 53045.90 EUR Million [+]
Imports 168148.20 152085.20 175855.30 55698.40 EUR Million [+]
Current Account 18.30 22.80 44.72 -28.51 EUR Billion [+]
Current Account to GDP 3.30 3.20 3.30 -1.40 percent [+]
External Debt 13959630.30 13558785.12 13959630.30 5501622.07 EUR Million [+]
Capital Flows 22.89 13.77 86.24 -71.22 EUR Billion [+]
Gold Reserves 504.77 504.77 766.88 501.45 Tonnes [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Euro Area Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Euro Area Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
18.30 22.80 44.72 -28.51 1999 - 2017 EUR Billion Monthly
Current Prices, NSA



current account by Country

Last
Australia -3108.00 Mar/17
Brazil 1330.40 Jun/17
Canada -14053.00 Mar/17
China 184.00 Mar/17
Euro Area 18.30 May/17
France -2349.00 May/17
Germany 17300.00 May/17
India -3432.97 Mar/17
Indonesia -2397.00 Mar/17
Italy 3261.00 May/17
Japan 1653.90 May/17
Mexico -6859.20 Mar/17
Netherlands 20180.90 Mar/17
Russia -300.00 Jun/17
South Korea 5937.30 May/17
Spain 448.00 Apr/17
Switzerland 11118.00 Mar/17
Turkey -5242.00 May/17
United Kingdom -16895.00 Mar/17
United States -116781.00 Mar/17