Germany’s current account surplus expanded to €22.0 billion in February 2026, up from €21.3 billion in the same month last year. The primary income surplus rose to €11.5 billion from €10.4 billion a year earlier, while the goods surplus remained stable at €20.7 billion versus €20.6 billion, with exports increasing by 1.8% and imports by 2%. However, the services deficit grew to €4.6 billion (from €4.3 billion), and the secondary income deficit widened to €5.6 billion (from €5.4 billion). Over the first two months of 2026, Germany’s current account surplus reached €40.1 billion, compared to €37.9 billion in the same period of 2025. source: Deutsche Bundesbank

Germany recorded a Current Account surplus of 22006.56 EUR Million in February of 2026. Current Account in Germany averaged 5463.82 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 April of 2026.

Germany recorded a Current Account surplus of 22006.56 EUR Million in February of 2026. Current Account in Germany is expected to be 16200.00 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
2026-03-13 01:30 PM
Current Account
Jan €17.1B €17.4B €14.4B
2026-04-10 12:30 PM
Current Account
Feb €22B €18.1B €16.5B
2026-05-13 12:45 PM
Current Account
Mar €22B €18.4B

Components Last Previous Unit Reference
Current Account Goods 20683.38 14616.10 EUR Million Feb 2026
Current Account Services -4572.03 -3862.22 EUR Million Feb 2026

Related Last Previous Unit Reference
Balance of Trade 19.80 20.30 EUR Billion Feb 2026
Capital Flows 22917.44 -19312.09 EUR Million Feb 2026
Current Account 22006.56 18091.30 EUR Million Feb 2026
Exports MoM 135.20 130.47 EUR Billion Feb 2026
External Debt 6762326.00 6816936.00 EUR Million Dec 2025
Net Foreign Direct Investment 576.57 -8615.44 EUR Million Feb 2026
Imports MoM 115.40 110.20 EUR Billion Feb 2026
Remittances 708.32 708.32 EUR Million Feb 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
22006.56 18091.30 32829.95 -9529.79 1956 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
German Current Account Surplus Slightly Up in March
Germany’s current account surplus expanded to €22.0 billion in February 2026, up from €21.3 billion in the same month last year. The primary income surplus rose to €11.5 billion from €10.4 billion a year earlier, while the goods surplus remained stable at €20.7 billion versus €20.6 billion, with exports increasing by 1.8% and imports by 2%. However, the services deficit grew to €4.6 billion (from €4.3 billion), and the secondary income deficit widened to €5.6 billion (from €5.4 billion). Over the first two months of 2026, Germany’s current account surplus reached €40.1 billion, compared to €37.9 billion in the same period of 2025.
2026-04-10
German Current Account Surplus Rises in January
Germany’s current account surplus widened to €17.1 billion in January 2026, up from €16.6 billion a year earlier. The goods surplus increased to €14.9 billion from €13.7 billion as imports fell 8.1%, outpacing a 6.0% drop in exports. Meanwhile, the services deficit narrowed to €4.6 billion from €5.9 billion. However, the primary income surplus declined to €13.9 billion from €14.4 billion, and the secondary income gap widened to €7.0 billion from €5.5 billion.
2026-03-13
Germany’s Current Account Surplus Steady in December
Germany’s current account surplus was broadly unchanged at €16.1 billion in December 2025, compared with €16.2 billion in the same month a year earlier. The goods surplus narrowed to €8.6 billion from €11.5 billion, as imports jumped 11.0%, outpacing a 6.6% rise in exports. The primary income surplus also declined to €17.5 billion from €19.2 billion. Meanwhile, the services deficit widened to €2.1 billion from €0.6 billion. Partly offsetting these trends, the secondary income deficit shrank significantly to €7.9 billion, down from €14.0 billion a year earlier. For 2025 as a whole, Germany’s current account surplus fell sharply to €197.4 billion, compared with €251.5 billion in 2024.
2026-02-12