France's current account deficit shrank to EUR 1.06 billion in June of 2022 from an upwardly revised EUR 3.7 billion in the previous month. source: Banque de France

Current Account in France averaged 21.52 EUR Million from 1993 until 2022, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -8116 EUR Million in June of 2020. This page provides - France Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. France Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Current Account in France is expected to be -2890.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Current Account is projected to trend around -1750.00 EUR Million in 2023 and -1500.00 EUR Million in 2024, according to our econometric models.

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France Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 06:45 AM May €-3.9B €-2.7B €-3.6B
2022-08-05 06:45 AM Jun €-1.6B €-3.7B €-4B
2022-09-08 06:45 AM Jul €-1.6B

Related Last Previous Unit Reference
Balance of Trade -13066.00 -12910.00 EUR Million Jun 2022
Current Account -1615.00 -3700.00 EUR Million Jun 2022
External Debt 6402736.00 6516931.00 EUR Million Dec 2021
Foreign Direct Investment 4071.00 5205.00 EUR Million Jun 2022
Capital Flows 12621.00 -3821.00 EUR Million Jun 2022
Tourism Revenues 5528.00 4723.00 EUR Million Jun 2022

France 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
-1615.00 -3700.00 4784.00 -8116.00 1993 - 2022 EUR Million Monthly

News Stream
France Posts Widest Current Account Gap in Nearly 2 Years
France posted a current account deficit of EUR 3.9 billion in May of 2022, widening from a downwardly revised EUR 2.7 billion in the previous month. It was the largest monthly current account shortfall since September of 2020, as the goods deficit increased to EUR 11.4 billion from EUR 10.1 billion in April whereas the services surplus narrowed slightly to EUR 5.3 billion from EUR 5.6 billion. At the same time, the primary income surplus went up to EUR 5.6 billion from EUR 5.1 billion while the secondary income surplus remained barely unchanged at EUR 3.4 billion.
French Current Account Deficit Stable in April
France posted a current account gap of EUR 3.4 billion in April of 2022, little changed from the previous month. The goods deficit narrowed slightly to EUR 10.3 billion from EUR 10.8 billion in March, while the services surplus fell marginally to EUR 6.2 billion from EUR 6.6 billion. At the same time, the primary income shortfall was stable at EUR 3.1 billion and the secondary income surplus remained barely unchanged at EUR 3.9 billion.
France Current Account Gap Expands in March
France's current account deficit shrank to EUR 3.2 billion in March of 2022 from a downwardly revised EUR 0.94 billion in the previous month. Considering the first quarter of 2022, the current account deficit widened to EUR 5.4 billion, below the level of 8.7 billion reached in the fourth quarter of 2021. The goods deficit narrowed but remained high at 23.9 billion euros, the energy bill having reached its highest level ever at over 19 billion. Also, the surplus on services increased to 16 billion euros.