Germany’s current account surplus edged down to €10.3 billion in August 2026 from a revised €10.9 billion in the same month last year, as wider deficits in services and secondary income outweighed improvements in the goods and primary income balances. The services deficit widened to €11.5 billion from €9.9 billion, while the secondary income deficit increased to €6.8 billion from €6.0 billion. Meanwhile, the goods surplus rose to €13.1 billion from €12.4 billion a year earlier. Exports increased by 7.1% year-on-year to €106.2 billion, while imports grew by 7.4% to €93.2 billion. The primary income surplus also expanded to €15.6 billion from €14.4 billion. Despite the slight year-on-year decline in August, Germany’s cumulative current account surplus for the first eight months of 2026 increased to €140.4 billion, up from €133.7 billion in the corresponding period of 2025. source: Deutsche Bundesbank

Germany recorded a Current Account surplus of 10320.30 EUR Million in August of 2026. Current Account in Germany averaged 5540.36 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 October of 2026.

Germany recorded a Current Account surplus of 10320.30 EUR Million in August of 2026. Current Account in Germany is expected to be 19900.00 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 20200.00 EUR Million in 2027 and 25800.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-11 12:30 PM
Current Account
Jul €21.2B €18.9B €18.7B
2026-10-13 12:30 PM
Current Account
Aug €10.3B €21.8B €17.2B
2026-11-12 01:30 PM
Current Account
Sep €10.3B €15.5B



Components Last Previous Unit Reference
Current Account Goods 13063.38 20599.36 EUR Million Aug 2026
Current Account Services -11512.31 -8400.11 EUR Million Aug 2026

Related Last Previous Unit Reference
Balance of Trade 19.47 21.58 EUR Billion Aug 2026
Capital Flows 14705.65 -4180.10 EUR Million Aug 2026
Current Account 10320.30 21794.49 EUR Million Aug 2026
Exports 137.55 138.66 EUR Billion Aug 2026
External Debt 7282039.00 7067670.00 EUR Million Jun 2026
Net Foreign Direct Investment 2576.28 13557.39 EUR Million Aug 2026
Imports 118.10 117.10 EUR Billion Aug 2026
Remittances 708.32 708.32 EUR Million Aug 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
10320.30 21794.49 32829.95 -9529.79 1956 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
German Current Account Surplus Narrows Slightly in August
Germany’s current account surplus edged down to €10.3 billion in August 2026 from a revised €10.9 billion in the same month last year, as wider deficits in services and secondary income outweighed improvements in the goods and primary income balances. The services deficit widened to €11.5 billion from €9.9 billion, while the secondary income deficit increased to €6.8 billion from €6.0 billion. Meanwhile, the goods surplus rose to €13.1 billion from €12.4 billion a year earlier. Exports increased by 7.1% year-on-year to €106.2 billion, while imports grew by 7.4% to €93.2 billion. The primary income surplus also expanded to €15.6 billion from €14.4 billion. Despite the slight year-on-year decline in August, Germany’s cumulative current account surplus for the first eight months of 2026 increased to €140.4 billion, up from €133.7 billion in the corresponding period of 2025.
2026-10-13
Germany Current Account Surplus Widens in July
Germany's current account surplus widened to €21.2 billion in July 2026 compared with €10.9 billion in the same period a year earlier. The goods account surplus widened to €21 billion from €16.4 billion a year earlier, while the services deficit narrowed to €8.3 billion from €9.7 billion. In contrast, the secondary income deficit widened to €6.7 billion from €5.5 billion, while the primary income surplus narrowed slightly to €15 billion from €15.7 billion. In the first seven months of 2026, the current account surplus widened to €129 billion from €123 billion in the same period of 2026.
2026-09-11
Germany Current Account Surplus Widens in June
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