Germany's current account surplus increased to EUR 22.1 billion in July 2019 from EUR 13.9 billion in the same month the preceding year, as the goods surplus widened noticeably to EUR 23.4 billion from EUR 15.3 billion and the primary income surplus rose to EUR 8.7 billion from EUR 8.1 billion. Meanwhile, the secondary income gap was unchanged at EUR 4.6 billion, while the services deficit went up slightly to EUR 5.4 billion from EUR 4.9 billion a year ago. Considering January to July, the current account surplus increased to EUR 148.8 billion from EUR 144.4 billion in the same period of 2018. Current Account in Germany averaged 4033.89 EUR Million from 1956 until 2019, reaching an all time high of 32686.70 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 19500.00 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 22500.00 in 12 months time. In the long-term, the Germany Current Account is projected to trend around 19100.00 EUR Million in 2020, according to our econometric models.

Germany Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-07 06:00 AM Current Account Apr €22.6B €30.9B €21.1B
2019-07-08 06:00 AM Current Account May €16.5B €22.9B €10.5B
2019-08-09 06:00 AM Current Account Jun €20.3B €16.2B €20.8B
2019-09-09 06:00 AM Current Account Jul €22.1B €20.9B €11.7B
2019-10-10 06:00 AM Current Account Aug €22.1B €12.8B
2019-11-08 07:00 AM Current Account Sep €19.5B
2019-12-09 07:00 AM Current Account Oct €17.9B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 21449.00 16641.04 25455.63 -535.91 EUR Million [+]
Current Account 22100.00 20900.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.30 8.00 8.50 -1.80 percent [+]
Imports 93726.00 89424.83 98535.29 346.78 EUR Million [+]
Exports 115175.00 106065.87 118234.65 226.39 EUR Million [+]
External Debt 4994410.00 4849468.00 4994410.00 1929687.00 EUR Million [+]
Capital Flows -239.19 11971.02 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 8136.87 1077.25 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3366.77 3367.90 3468.60 3366.77 Tonnes [+]
Terms Of Trade 101.29 100.99 105.65 73.51 Index Points [+]
Terrorism Index 4.60 4.92 4.92 1.77 [+]
Tourist Arrivals 38881.00 37452.00 38881.00 14347.00 Thousand [+]
Weapons Sales 1277.00 1980.00 3311.00 12.00 USD Million [+]
Crude Oil Production 37.00 39.00 79.00 37.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
22100.00 20900.00 32686.70 -9353.00 1956 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 17215.95 Mar/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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