France’s current account shifted to a EUR 0.60 billion deficit in December 2019 from an upwardly revised EUR 0.56 billion surplus in the previous month, as the goods shortfall widened to EUR 2.24 billion from EUR 2.12 billion and the service surplus narrowed to EUR 1.63 billion from EUR 2.59 billion. In addition, the primary income surplus fell to EUR 3.93 billion from EUR 4.03 billion in November and the secondary income gap was unchanged at EUR 3.93 billion. On a quarterly basis, the current account shortfall decreased to EUR 2.1 billion in the last quarter of 2019 from EUR 5.6 billion in the prior period. Considering full 2019, the country's recorded a current account gap of EUR 18.7 billion.
Current Account in France averaged 70.28 EUR Million from 1993 until 2019, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -6615 EUR Million in June of 2014. This page provides - France Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banque de France
Current Account in France is expected to be -2600.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in France to stand at -550.00 in 12 months time. In the long-term, the France Current Account is projected to trend around -780.00 EUR Million in 2021 and -640.00 EUR Million in 2022, according to our econometric models.