Germany's current account surplus narrowed to EUR 15.9 billion in October of 2018 from EUR 19.5 billion in the same period of the previous year. The goods surplus declined to EUR 19.2 billion (from EUR 21.1 billion a year ago); the secondary income deficit rose to EUR 6.4 billion (from EUR 4.2 billion). Meanwhile, the primary income surplus rose slightly to EUR 6.7 billion (from EUR 6.5 billion a year earlier) and the services gap narrowed to EUR 3.5 billion (from EUR 3.8 billion). Considering January to October period, the current account surplus narrowed to EUR 203 billion (from EUR 206.3 billion in the same period of 2017). Current Account in Germany averaged 3854.14 EUR Million from 1956 until 2018, reaching an all time high of 32729 EUR Million in March of 2017 and a record low of -9353 EUR Million in August of 2000.

Current Account in Germany is expected to be 17400.00 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 Germany to stand at 19500.00 in 12 months time. In the long-term, the Germany Current Account is projected to trend around 15400.00 EUR Million in 2020, according to our econometric models.

Germany Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 06:00 AM Current Account €15.3B €26.6B €20B €18.4B
2018-10-09 06:00 AM Current Account €15.3B €15.1B €16.2B €17.9B
2018-11-08 07:00 AM Current Account €21.1B €15.3B €21.7B
2018-12-10 07:00 AM Current Account €15.9B €21.4B €19B
2019-01-09 07:00 AM Current Account €15.9B
2019-02-08 07:00 AM Current Account € 17.4B
2019-03-08 07:00 AM Current Account


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18300.00 18300.00 25455.63 -535.91 EUR Million [+]
Exports 117200.00 109200.00 118140.36 226.39 EUR Million [+]
Imports 98900.00 90900.00 98900.00 346.78 EUR Million [+]
Current Account 15900.00 21400.00 32729.00 -9353.00 EUR Million [+]
External Debt 4882730.00 4648614.00 4882730.00 1929687.00 EUR Million [+]
Current Account to GDP 8.00 8.50 8.90 -1.70 percent [+]
Capital Flows 6288.01 16095.55 46686.40 -28680.00 EUR Million [+]
Foreign Direct Investment 15054.43 2007.21 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3369.80 3371.00 3468.60 3369.80 Tonnes [+]
Terms Of Trade 97.99 98.75 105.65 73.51 Index Points [+]
Terrorism Index 4.92 4.31 4.92 1.77 [+]
Tourist Arrivals 37452.00 35595.00 37452.00 14347.00 Thousand [+]
Weapons Sales 1653.00 2535.00 3310.00 12.00 USD Million [+]
Crude Oil Production 41.00 41.00 79.00 40.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Germany Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Germany Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15900.00 21400.00 32729.00 -9353.00 1956 - 2018 EUR Million Monthly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


Related

Latest