Euro Area Current Account - Forecast

Current Account in Euro Area is expected to be 45.40 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Euro Area to stand at 30.60 in 12 months time. In the long-term, the Euro Area Current Account is projected to trend around 37.40 EUR Billion in 2020, according to our econometric models.


Forecast Data Chart
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Euro Area Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 22510 23400 27000 30500 29000 25000
Exports 198564 184500 186000 209000 194000 190000
Imports 176054 161100 159000 178500 165000 165000
Current Account 28.5 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 13810662 14500000 14600000 14700000 14800000 15400000
Capital Flows 35.18 18.9 48.9 34.2 55.1 41.2
Gold Reserves 505 505 505 505 505 505