Euro Area recorded a Current Account surplus of 3 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT
Current Account to GDP in the Euro Area averaged 0.94 percent from 1999 until 2020, reaching an all time high of 3.60 percent in 2017 and a record low of -1.80 percent in 2008. This page provides - Euro Area Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Current Account to GDP - values, historical data and charts - was last updated on June of 2022.
Current Account to GDP in Euro Area is expected to reach 3.20 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Current Account to GDP is projected to trend around 3.40 percent of GDP in 2023 and 3.60 percent of GDP in 2024, according to our econometric models.