Euro Area Gross External Debt - Forecast

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 14800000.00 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.


Forecast Data Chart
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Euro Area Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 17556 23400 27000 30500 29000 25000
Exports 194632 184500 186000 209000 194000 190000
Imports 177076 161100 159000 178500 165000 165000
Current Account 31.93 41.4 44.1 40.2 25.6 34.4
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 6.13 18.9 48.9 34.2 55.1 41.2
Gold Reserves 505 505 505 505 505 505