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. source: Banque de France

Current Account in France averaged -64.92 EUR Million from 1993 until 2020, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -8577 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 January 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 -780.00 in 12 months time. In the long-term, the France Current Account is projected to trend around -640.00 EUR Million in 2022, according to our econometric models.

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France Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1413.00 -3785.00 4784.00 -8577.00 1993 - 2020 EUR Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-07 06:45 AM Aug €-4.7B €-5.7B €-3.2B
2020-11-06 07:45 AM Sep €-5.7B €-4.7B €-3.6B
2020-12-08 07:45 AM Oct €-3.7B €-5.6B €-2.8B
2021-01-08 07:45 AM Nov €-1.4B €-3.8B €-3.4B
2021-02-05 07:45 AM Dec €-1.4B
2021-03-05 07:45 AM Jan
2021-04-08 06:45 AM Feb
2021-05-07 06:45 AM Mar


News Stream
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
French Current Account Gap Shrinks in October
France's current account deficit narrowed to EUR 3.69 billion in October 2020 from a revised EUR 5.59 billion in the previous month. The goods gap fell to EUR 3.88 billion from EUR 6.77 billion in September while the primary income surplus edged down to EUR 3.51 billion from EUR 3.52 billion. Meanwhile, the services account posted a EUR 0.15 billion deficit, compared to a 0.82 billion surplus and the secondary income deficit was unchanged at 3.6 billion.
2020-12-08
French Current Account Gap Widens in September
France's current account deficit widened to EUR 5.69 billion in September 2020 from a revised EUR 4.69 billion in the previous month. The goods deficit increased to EUR 6.83 billion from EUR 6.21 billion in August, while the services account surplus declined to EUR 0.84 billion from EUR 1.29 billion. Meanwhile, the primary income surplus stood at EUR 3.5 billion and the secondary income deficit was unchanged at 3.2 billion.
2020-11-06
French Current Account Gap Narrows in August
France's current account deficit narrowed to EUR 4.70 billion in September 2020 from a revised EUR 5.72 billion in the previous month. The goods deficit edged up to EUR 6.09 billion from EUR 5.98 billion in July, while the services account posted a EUR 1.12 billion surplus, compared to a EUR 0.01 billion gap. Meanwhile, the primary income surplus stood at EUR 3.55 billion and the secondary income deficit was unchanged at 3.28 billion.
2020-10-07

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).