France's current account deficit rose to EUR 2.6 billion in February of 2021 from an upwardly revised EUR 2 billion in the previous month. It was the largest current account gap since last September, as the goods gap widened to EUR 3 billion from EUR 2.8 billion in January and the secondary income deficit remained sharp at EUR 4.2 billion. Meantime, the services surplus decreased slightly to EUR 1 billion from EUR 1.2 billion and the secondary income surplus also fell to EUR 3.6 billion from EUR 3.7 billion. source: Banque de France

Current Account in France averaged -70.49 EUR Million from 1993 until 2021, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -8725 EUR Million in June of 2020. This page provides - France Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. France Current Account - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Current Account in France is expected to be -2200.00 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 -1870.00 in 12 months time. In the long-term, the France Current Account is projected to trend around -640.00 EUR Million in 2022 and -680.00 EUR Million in 2023, according to our econometric models.

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France Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-2622.00 -2039.00 4784.00 -8725.00 1993 - 2021 EUR Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 07:45 AM Nov €-1.4B €-3.8B €-3.4B
2021-02-05 07:45 AM Dec €-1.2B €-1.4B
2021-03-05 07:45 AM Jan €-1.6B €-1B €-2B
2021-04-08 06:45 AM Feb €-2.6B €-2B €-1.8B
2021-05-07 06:45 AM Mar €-2.6B
2021-06-09 06:45 AM Apr
2021-07-07 06:45 AM May
2021-08-06 06:45 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
France Posts Widest Current Account Gap in 5 Months
France's current account deficit rose to EUR 2.6 billion in February of 2021 from an upwardly revised EUR 2 billion in the previous month. It was the largest current account gap since last September, as the goods gap widened to EUR 3 billion from EUR 2.8 billion in January and the secondary income deficit remained sharp at EUR 4.2 billion. Meantime, the services surplus decreased slightly to EUR 1 billion from EUR 1.2 billion and the secondary income surplus also fell to EUR 3.6 billion from EUR 3.7 billion.
2021-04-08
France Current Account Deficit Slightly Higher in January
The current account gap in France widened to EUR 1.6 billion in January of 2021 from EUR 1.1 billion in December. The goods deficit remained stable at EUR 2.7 billion as a lower deficit excluding energy compensates a rise in the energetic bill. By contrast, the services surplus fell slightly by EUR 0.5 billion to EUR 1.3 billion. Also, the primary and secondary income gap decreased slightly to EUR 0.2 billion from EUR 0.3 billion.
2021-03-05
France Current Account Gap Rises in December
The current account gap in France widened to EUR 1.2 billion in December of 2020 from EUR 0.82 billion a year earlier. Considering full 2020, the current account gap reached EUR 53.3 billion, a historic deterioration of EUR 37 billion compared to 2019. The non-energy deficit widened mainly due to the aeronautics sector while the energy gap narrowed. The services surplus was reduced mainly due to international tourism.
2021-02-05
France Posts Smallest Current Account Gap in 11 Months
France's current account deficit shrank to EUR 1.41 billion in November of 2020 from an upwardly revised EUR 3.79 billion in the previous month. It was the smallest current account gap since December of 2019, as the goods gap narrowed to EUR 2.29 billion from EUR 3.92 billion in October and the services account shifted to a surplus of EUR 0.62 billion compared to a deficit of EUR 0.13 billion. At the same time, the primary income surplus was little-changed at EUR 3.68 billion while the secondary income shortfall remained unchanged at EUR 3.43 billion.
2021-01-08

France Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).