European Union recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2019.

Current Account To GDP in European Union averaged -0.17 percent from 1999 until 2019, reaching an all time high of 1.40 percent in 2018 and a record low of -2.20 percent in 2008. This page provides - European Union Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Current Account to GDP - values, historical data and charts - was last updated on October of 2020.

Current Account To GDP in European Union is expected to reach 1.40 percent by the end of 2020, 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 1.60 percent in 2021 and 1.20 percent in 2022, according to our econometric models.

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European Union Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.40 1.40 -2.20 1999 - 2019 percent Yearly

European Union Trade Last Previous Highest Lowest Unit
Current Account To GDP 1.00 1.40 1.40 -2.20 percent [+]
Exports 158518.80 171261.90 190167.40 42243.20 EUR Million [+]
Imports 178394.90 156825.50 188944.50 52217.00 EUR Million [+]
Balance of Trade -19876.00 14436.40 21555.80 -34765.70 EUR Million [+]