European Union recorded a Current Account surplus of 1.30 percent of the country's Gross Domestic Product in 2018. Current Account To GDP in European Union averaged -0.24 percent from 1999 until 2018, reaching an all time high of 1.40 percent in 2016 and a record low of -2.20 percent in 2008.

Current Account To GDP in European Union is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Current Account to GDP is projected to trend around 1.20 percent in 2020, according to our econometric models.

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European Union Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.30 1.40 -2.20 1999 - 2018 percent Yearly

European Union Trade Last Previous Highest Lowest Unit
Current Account To GDP 1.30 1.30 1.40 -2.20 percent [+]
Exports 172748.60 190136.00 190136.00 42243.20 EUR Million [+]
Imports 170135.70 188439.50 188439.50 52217.00 EUR Million [+]
Balance of Trade 2612.90 1696.50 21555.80 -34765.70 EUR Million [+]