Euro Area recorded a Current Account surplus of 2.70 percent of the country's Gross Domestic Product in 2019.
Current Account to GDP in the Euro Area averaged 0.80 percent from 1999 until 2019, reaching an all time high of 3.30 percent in 2016 and a record low of -1.80 percent in 2008. This page provides - Euro Area Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Current Account to GDP - values, historical data and charts - was last updated on October of 2020. source: Eurostat
Current Account to GDP in Euro Area is expected to reach 3.40 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Current Account to GDP is projected to trend around 3.60 percent in 2021 and 3.20 percent in 2022, according to our econometric models.