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 June of 2022.
Current Account in Spain is expected to be 2750.00 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 2220.00 EUR Million in 2023, according to our econometric models.