Spain's current account surplus narrowed sharply to EUR 0.90 billion in September 2018 from EUR 1.87 billion in the corresponding month of the previous year. The goods and services surplus declined to EUR 1.64 billion from EUR 2.62 billion from a year earlier, despite an increase in tourism revenues (EUR 6.82 billion vs EUR 6.72 billion). In addition, the primary and secondary income deficit edged down to EUR 0.75 billion from EUR 0.76 billion a year ago. Considering the first three quarters of the year, the current account surplus dropped to EUR 2.93 billion from EUR 11.10 billion. Current Account in Spain averaged -1139.68 EUR Million from 1969 until 2018, reaching an all time high of 5059 EUR Million in December of 2017 and a record low of -12368 EUR Million in January of 2008.

Current Account in Spain is expected to be 2800.00 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 Spain to stand at 2750.00 in 12 months time. In the long-term, the Spain Current Account is projected to trend around 3640.00 EUR Million in 2020, according to our econometric models.

Spain Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 08:20 AM Current Account €0.49B €2.44B €2.3B
2018-09-28 08:10 AM Current Account €0.11B €0.98B €2.7B
2018-10-31 09:00 AM Current Account €1.83B €0.11B €2.9B
2018-11-30 09:00 AM Current Account €0.9B €1.83B €2.5B
2018-12-28 09:00 AM Current Account €0.9B €1.1B
2019-01-29 09:00 AM Current Account
2019-02-28 09:00 AM Current Account € 2.8B


Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -3297100.00 -3057300.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 22176900.00 20714800.00 26225818.43 14286.06 EUR Thousand [+]
Imports 25473900.00 23772100.00 27684374.00 37437.07 EUR Thousand [+]
Current Account 899.00 1829.00 5059.00 -12368.00 EUR Million [+]
Current Account to GDP 1.90 1.90 1.90 -9.60 percent [+]
Terms of Trade 100.30 99.60 123.70 62.20 Index Points [+]
Foreign Direct Investment 1958.00 388.00 23250.00 -9566.00 EUR Million [+]
Capital Flows -1393.00 2880.00 17904.00 -11878.00 EUR Million [+]
Remittances 3347.00 3503.00 3590.00 732.00 EUR Million [+]
Tourist Arrivals 7635.57 8924.33 10493.44 1397.41 Thousand [+]
Gold Reserves 281.60 281.60 523.47 281.58 Tonnes [+]
Tourism Revenues 6819.00 8032.00 8032.00 890.00 EUR Million [+]
Terrorism Index 1.70 1.20 6.52 1.20 [+]
Weapons Sales 814.00 507.00 1429.00 2.00 USD Million [+]
External Debt 1991484000.00 1977387000.00 1991484000.00 618600000.00 EUR Thousand [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Spain 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 the latest reported value for - Spain Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
899.00 1829.00 5059.00 -12368.00 1969 - 2018 EUR Million Monthly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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