France's current account deficit narrowed to EUR 1.9 billion in September 2018 from an upwardly revised EUR 2.0 billion in the previous month, as the goods account shortfall narrowed slightly to EUR 5.0 billion from EUR 5.1 billion. Meanwhile, the services surplus was virtually unchanged at EUR 2.4 billion and both primary income gap and secondary income deficit held steady at EUR 4.3 billion and EUR 3.7 billion, respectively. Current Account in France averaged 149.51 EUR Million from 1993 until 2018, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -6148 EUR Million in June of 2014.
Current Account in France is expected to be -620.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in France to stand at -1720.00 in 12 months time. In the long-term, the France Current Account is projected to trend around -550.00 EUR Million in 2020, according to our econometric models.