Germany's current account surplus narrowed to EUR 21.4 billion in November 2018 from EUR 26.4 billion in the same month of the previous year and below market expectations of EUR 25.5 billion. The goods surplus declined to EUR 20.0 billion from EUR 25.3 billion a year ago, and the secondary income deficit rose to EUR 5.6 billion from EUR 5.3 billion. Meanwhile, the primary income surplus rose to EUR 7.4 billion from EUR 6.9 billion a year earlier, and the services gap narrowed to EUR 0.3 billion from EUR 0.5 billion. Considering January to November, the current account surplus narrowed to EUR 228.0 billion from EUR 232.8 billion in the same period of 2017. Current Account in Germany averaged 3877.94 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 30600.00 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 18400.00 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
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Calendar GMT Actual Previous Consensus TEForecast
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 €21.4B €18.9B €25.5B €18.6B
2019-02-08 07:00 AM Current Account €21.4B € 17.4B
2019-03-11 07:00 AM Current Account
2019-04-08 06:00 AM Current Account


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 20500.00 18915.04 25455.63 -535.91 EUR Million [+]
Current Account 21400.00 18900.00 32729.00 -9353.00 EUR Million [+]
Current Account to GDP 8.00 8.50 8.90 -1.70 percent [+]
Imports 95741.00 98445.29 98445.29 346.78 EUR Million [+]
Exports 116274.00 117360.33 118140.36 226.39 EUR Million [+]
External Debt 4886438.00 4882730.00 4886438.00 1929687.00 EUR Million [+]
Capital Flows 22502.92 7626.12 46686.40 -28680.00 EUR Million [+]
Foreign Direct Investment 18107.00 875.86 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3369.70 3369.80 3468.60 3369.70 Tonnes [+]
Terms Of Trade 98.55 97.99 105.65 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
21400.00 18900.00 32729.00 -9353.00 1956 - 2018 EUR Million Monthly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 23.20 Nov/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 4805.70 Nov/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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