Spain’s current account balance switched to a deficit of EUR 0.48 billion in April of 2022, compared with a surplus of EUR 0.93 billion in the same period a year ago. The primary and secondary income gap widened to EUR 1.99 billion from EUR 0.66 billion a year earlier while the goods and services account surplus shrank to EUR 1.51 billion from EUR 1.60 billion. source: Bank of Spain
Current Account in Spain averaged -866.28 EUR Million from 1969 until 2022, reaching an all time high of 5765 EUR Million in July of 2016 and a record low of -12201 EUR Million in January of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Current Account in Spain is expected to be -590.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Current Account is projected to trend around 2000.00 EUR Million in 2023 and 2220.00 EUR Million in 2024, according to our econometric models.