Spain Current Account  Forecast


Current Account in Spain is expected to be 3250.00 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 1487.04 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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Spain Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -2099000 -2400000 -500000 -1000000 -1816935 -1800000
Exports 22189000 20800000 22800000 23000000 22982459 21800000
Imports 24287800 23200000 23300000 24000000 24607171 23600000
Current Account 2977 3250 1911 1692 1487 3640
Current Account to GDP 2.2 0.3 0.5 0.5 0.5 0.8
Terms of Trade 105 104 105 106 104 114
Foreign Direct Investment 1197 2390 2086 2080 2079 2320
Capital Flows 7921 1195 1249 786 371 -991
Remittances 3195 3698 2827 3154 2831 3899
Tourist Arrivals 10426 3940 1400 4900 6500 5150
Gold Reserves 282 282 286 289 291 282
External Debt 1924551000 1935851000 1949936000 1954130000 1943633235 2031138000
Crude Oil Production 3 3 3 3 3.63 3
Tourism Revenues 7807 3906 2547 2863 3148 3076
Terrorism Index 1.2 1.2 1.2 1.2 1.22 1.2
Weapons Sales 483 912 871 830 790 734