External Debt In the Euro Area decreased to 14185222.30 EUR Million in the fourth quarter of 2018 from 14450131.93 EUR Million in the third quarter of 2018. External Debt in the Euro Area averaged 11015948.22 EUR Million from 2004 until 2018, reaching an all time high of 14450131.93 EUR Million in the third quarter of 2018 and a record low of 5501622 EUR Million in the first quarter of 2004.
External Debt in Euro Area is expected to be 14800000.00 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 15100000.00 in 12 months time. In the long-term, the Euro Area Gross External Debt is projected to trend around 15400000.00 EUR Million in 2020, according to our econometric models.