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. source: Deutsche Bundesbank

Germany recorded a Current Account surplus of 21200 EUR Million in July of 2026. Current Account in Germany averaged 5533.92 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 September of 2026.

Germany recorded a Current Account surplus of 21200 EUR Million in July of 2026. Current Account in Germany is expected to be 21500.00 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
2026-08-12 10:30 AM
Current Account
Jun €19B €9B € 16.2B
2026-09-11 12:30 PM
Current Account
Jul €21.2B €18.9B €18.7B
2026-10-13 12:30 PM
Current Account
Aug €21.2B



Components Last Previous Unit Reference
Current Account Goods 21062.20 17178.35 EUR Million Jul 2026
Current Account Services -8287.42 -7222.64 EUR Million Jul 2026

Related Last Previous Unit Reference
Balance of Trade 21.27 15.37 EUR Billion Jul 2026
Capital Flows -1587.41 29935.48 EUR Million Jul 2026
Current Account 21200.00 18900.00 EUR Million Jul 2026
Exports MoM 138.22 139.35 EUR Billion Jul 2026
External Debt 7066910.00 6775802.00 EUR Million Mar 2026
Net Foreign Direct Investment 17743.74 5454.29 EUR Million Jul 2026
Imports MoM 119.60 124.00 EUR Billion Jul 2026
Remittances 708.32 708.32 EUR Million Jul 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
21200.00 18900.00 32829.95 -9529.79 1956 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
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
German Current Account Surplus Widens in May
Germany’s current account surplus reached €10.4 billion in May 2026, the smallest in a year but still above the €5.9 billion recorded in May 2025. The primary income surplus shifted to €5.7 billion, compared to a €2.3 billion deficit in May 2025. The goods surplus remained nearly unchanged at €15.4 billion, down slightly from €15.8 billion, as exports rose 0.6% to €112.9 billion and imports increased 1.1% to €97.5 billion. Meanwhile, the services deficit widened to €7.2 billion from €5.9 billion, and the secondary income gap grew to €3.5 billion from €1.6 billion. For January–May 2026, the current account surplus narrowed slightly to €88.7 billion from €90 billion.
2026-07-13