Euro Area Current Account to GDP - Forecast

Current Account to GDP in Euro Area is expected to be 2.40 percent by the end of this quarter, 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 1.90 percent in 2020, according to our econometric models.


Euro Area Current Account to GDP
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Euro Area Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 16514 23400 27000 30500 29000 25000
Exports 189592 184500 186000 209000 194000 190000
Imports 173078 161100 159000 178500 165000 165000
Current Account 26.2 45.4 45.1 44.2 30.6 37.4
Current Account to GDP 3.5 2.4 2.4 2.2 2.2 1.9
External Debt 13514526 14500000 14600000 14700000 14800000 15400000
Capital Flows -5.85 18.9 48.9 34.2 55.1 41.2
Gold Reserves 505 505 505 505 505 505