Spain's current account surplus narrowed sharply to EUR 0.28 billion in June 2021, from EUR 2.08 billion in the same month last year. The goods and services surplus fell to EUR 1.56 billion from EUR 2.57 billion a year ago, despite a sharp increase in tourism revenues (EUR 2.0 billion vs EUR 0.15 billion), while the primary and secondary income deficit widened to EUR 1.28 billion from EUR 0.49 billion. Considering the first half of the year, the current account posted a EUR 0.49 billion deficit in June, from a surplus of EUR 1.19 billion in the same period of 2020. source: Bank of Spain
Current Account in Spain averaged -892.74 EUR Million from 1969 until 2021, 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 September of 2021.
Current Account in Spain is expected to be 1480.00 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 2480.00 EUR Million in 2022 and 2220.00 EUR Million in 2023, according to our econometric models.