External Debt In the Euro Area increased to 14431879.12 EUR Million in the first quarter of 2019 from 14054262.89 EUR Million in the fourth quarter of 2018. External Debt in the Euro Area averaged 11143244.65 EUR Million from 2004 until 2019, reaching an all time high of 14640755.82 EUR Million in the first quarter of 2017 and a record low of 5501622 EUR Million in the first quarter of 2004.
External Debt in Euro Area is expected to be 14500000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Euro Area to stand at 14600000.00 in 12 months time. In the long-term, the Euro Area Gross External Debt is projected to trend around 14600000.00 EUR Million in 2020, according to our econometric models.