The current account surplus in the Euro Area narrowed to EUR 20.5 billion in August 2018 from EUR 34.7 billion in the same month of the previous year, below market expectations of EUR 21.4 billion. The goods surplus declined to EUR 16.1 billion from EUR 24.4 billion and the services surplus fell to EUR 9.4 billion from EUR 10.8 billion. Additionally, the primary income surplus decreased to EUR 6.3 billion from EUR 9.1 billion a year earlier and the secondary deficit widened to EUR 11.3 billion from EUR 9.6 billion. Current Account in the Euro Area averaged 7.11 EUR Billion from 1999 until 2018, reaching an all time high of 55.21 EUR Billion in December of 2015 and a record low of -28.62 EUR Billion in January of 2008.

Euro Area Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 08:00 AM Current Account €28.5B €6.6B €23.2B €36.2B
2018-09-19 08:00 AM Current Account €31.9B €28.8B €22.4B €45.1B
2018-10-19 08:00 AM Current Account €20.5B €30B €21.4B €36.3B
2018-11-19 09:00 AM Current Account €20.5B €41.4B
2018-12-20 09:00 AM Current Account €37.7B


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 13141.70 11987.60 30079.40 -16510.20 EUR Million [+]
Exports 184813.00 181579.50 205889.20 53045.90 EUR Million [+]
Imports 171671.30 169591.90 177622.30 55698.40 EUR Million [+]
Current Account 20.49 29.96 55.21 -28.62 EUR Billion [+]
Current Account to GDP 3.50 3.40 3.50 -1.50 percent [+]
External Debt 14295209.69 13810662.00 14295209.69 5501622.00 EUR Million [+]
Capital Flows 28.43 6.13 101.03 -70.94 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

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20.49 29.96 55.21 -28.62 1999 - 2018 EUR Billion Monthly
Current Prices, NSA




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 20.49 Aug/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 4994.00 Aug/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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