Germany's current account surplus narrowed to EUR 11.8 billion in August of 2021 from EUR 16.7 billion in the same month last year. It was the smallest current account surplus since May last year, as the goods surplus fell to EUR 11.0 billion from EUR 13.9 billion a year ago, while the services shortfall increased to EUR 4.8 billion from EUR 2.3 billion and the secondary income deficit advanced to EUR 4.8 billion from EUR 3.4 billion. Meantime, the primary income surplus widened to EUR 10.3 billion from EUR 8.4 billion. source: Deutsche Bundesbank
Current Account in Germany averaged 4565.32 EUR Million from 1956 until 2021, reaching an all time high of 32388.97 EUR Million in March of 2019 and a record low of -9365.22 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 2021.
Current Account in Germany is expected to be 19100.00 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 18500.00 EUR Million in 2022 and 16900.00 EUR Million in 2023, according to our econometric models.