Germany’s current account surplus reached €19 billion in June 2026, widening from a surplus of €17.2 in the same period a year earlier. The goods surplus increased to €17.3 billion from €15.4 billion, while the primary income surplus was broadly unchanged at €13.96 billion. The secondary income deficit narrowed slightly to €4.99 billion from €5.1 billion, partly offsetting a wider services deficit of €7.2 billion versus €7.1 billion a year earlier. In the first half of 2026, the current account surplus narrowed slightly to €106.3 billion from €107.2 billion in the same period of 2025. source: Deutsche Bundesbank

Germany recorded a Current Account surplus of 19033.87 EUR Million in June of 2026. Current Account in Germany averaged 5515.57 EUR Million from 1956 until 2026, reaching an all time high of 32829.95 EUR Million in March of 2018 and a record low of -9529.79 EUR Million in August of 2000. This page provides - Germany Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Germany recorded a Current Account surplus of 19033.87 EUR Million in June of 2026. Current Account in Germany is expected to be 21500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Current Account is projected to trend around 14200.00 EUR Million in 2027 and 13800.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-13 12:30 PM
Current Account
May €10.4B €16.6B €15.1B
2026-08-12 10:30 AM
Current Account
Jun €19B €9B € 16.2B
2026-09-11 12:30 PM
Current Account
Jul €19B €18.7B



Components Last Previous Unit Reference
Current Account Goods 173477.97 15162.79 EUR Million Jun 2026
Current Account Services -7222.64 -7126.26 EUR Million Jun 2026

Related Last Previous Unit Reference
Balance of Trade 15.40 19.30 EUR Billion Jun 2026
Capital Flows 28073.06 8690.96 EUR Million Jun 2026
Current Account 19033.87 8964.54 EUR Million Jun 2026
Exports MoM 139.32 138.08 EUR Billion Jun 2026
External Debt 7066910.00 6775802.00 EUR Million Mar 2026
Net Foreign Direct Investment 3762.54 12049.31 EUR Million Jun 2026
Imports MoM 123.90 118.70 EUR Billion Jun 2026
Remittances 708.32 708.32 EUR Million Jun 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
19033.87 8964.54 32829.95 -9529.79 1956 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
Germany Current Account Surplus Widens in July
Germany’s current account surplus reached €19 billion in June 2026, widening from a surplus of €17.2 in the same period a year earlier. The goods surplus increased to €17.3 billion from €15.4 billion, while the primary income surplus was broadly unchanged at €13.96 billion. The secondary income deficit narrowed slightly to €4.99 billion from €5.1 billion, partly offsetting a wider services deficit of €7.2 billion versus €7.1 billion a year earlier. In the first half of 2026, the current account surplus narrowed slightly to €106.3 billion from €107.2 billion in the same period of 2025.
2026-08-12
German Current Account Surplus Widens in May
Germany’s current account surplus reached €10.4 billion in May 2026, the smallest in a year but still above the €5.9 billion recorded in May 2025. The primary income surplus shifted to €5.7 billion, compared to a €2.3 billion deficit in May 2025. The goods surplus remained nearly unchanged at €15.4 billion, down slightly from €15.8 billion, as exports rose 0.6% to €112.9 billion and imports increased 1.1% to €97.5 billion. Meanwhile, the services deficit widened to €7.2 billion from €5.9 billion, and the secondary income gap grew to €3.5 billion from €1.6 billion. For January–May 2026, the current account surplus narrowed slightly to €88.7 billion from €90 billion.
2026-07-13
German Current Account Surplus Shrinks in April
Germany’s current account surplus narrowed to €13.8 billion in April 2026, down from €18.7 billion in the same month last year. The goods surplus fell to €13.3 billion from €16.4 billion, as exports increased 5.2% to €120.8 billion, but imports grew at a faster pace of 9.2% to €107.5 billion. The primary income surplus also declined to €11.0 billion from €13.7 billion. Meanwhile, the services deficit improved slightly, shrinking to €5.8 billion from €6.6 billion, while the secondary income gap remained largely unchanged at €4.7 billion (compared to €4.8 billion in 2025). For the first four months of 2026, the current account surplus decreased to €75.6 billion, down from €84.1 billion in the same period of 2025.
2026-06-11