Germany recorded a Current Account surplus of 7.10 percent of the country's Gross Domestic Product in 2019. source: EUROSTAT

Current Account to GDP in Germany averaged 3 percent from 1980 until 2019, reaching an all time high of 8.60 percent in 2015 and a record low of -1.80 percent in 2000. This page provides - Germany Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account to GDP - values, historical data and charts - was last updated on April of 2021.

Current Account to GDP in Germany is expected to reach 6.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Current Account to GDP is projected to trend around 6.20 percent in 2022 and 5.70 percent in 2023, according to our econometric models.

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Germany Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.40 8.60 -1.80 1980 - 2019 percent Yearly

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18100.00 13800.00 25455.63 -535.91 EUR Million [+]
Current Account 18800.00 17600.00 32388.97 -9365.22 EUR Million [+]
Current Account to GDP 7.10 7.40 8.60 -1.80 percent [+]
Imports 89700.00 83800.00 98544.67 346.78 EUR Million [+]
Exports 107800.00 98100.00 119762.65 226.39 EUR Million [+]
External Debt 5512138.00 5534326.00 5534326.00 1795598.00 EUR Million [+]
Capital Flows 27559.80 53480.79 53480.79 -28680.00 EUR Million [+]
Foreign Direct Investment 18881.08 -3414.63 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3362.45 3362.45 3468.60 3362.45 Tonnes [+]
Terms Of Trade 101.47 102.70 106.62 73.51 points [+]
Terrorism Index 3.97 4.25 4.92 1.77 [+]
Tourist Arrivals 171.39 172.02 4846.11 85.22 Thousand [+]
Weapons Sales 1232.00 978.00 3273.00 12.00 USD Million [+]
Crude Oil Production 38.00 38.00 79.00 34.00 BBL/D/1K [+]


Germany Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.