Germany's current account surplus increased to EUR 16.9 billion in August 2019 from EUR 15.2 billion in the same month the preceding year, as the goods surplus widened to EUR 17.0 billion from EUR 15.9 billion and the primary income surplus rose to EUR 9.1 billion from EUR 8.6 billion. Meanwhile, the secondary income gap increased to EUR 4.2 billion from EUR 3.6 billion a year ago, while the services deficit went down to EUR 5.0 billion from EUR 5.7 billion. Considering January to August, the current account surplus increased to EUR 164.9 billion from EUR 159.6 billion in the same period of 2018. Current Account in Germany averaged 4051.05 EUR Million from 1956 until 2019, reaching an all time high of 32686.70 EUR Million in March of 2017 and a record low of -9353 EUR Million in August of 2000.

Current Account in Germany is expected to be 18400.00 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 Germany to stand at 20800.00 in 12 months time. In the long-term, the Germany Current Account is projected to trend around 19100.00 EUR Million in 2020, according to our econometric models.

Germany Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-08 06:00 AM Current Account May €16.5B €22.9B €10.5B
2019-08-09 06:00 AM Current Account Jun €20.3B €16.2B €20.8B
2019-09-09 06:00 AM Current Account Jul €22.1B €20.9B €11.7B
2019-10-10 06:00 AM Current Account Aug €16.9B €21.3B €18.1B €16.8B
2019-11-08 07:00 AM Current Account Sep €16.9B €19.5B
2019-12-09 07:00 AM Current Account Oct €17.9B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 16205.00 21560.04 25455.63 -535.91 EUR Million [+]
Current Account 16900.00 21300.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.30 8.00 8.50 -1.80 percent [+]
Imports 85042.00 93630.77 98535.29 346.78 EUR Million [+]
Exports 101247.00 115190.81 118234.04 226.39 EUR Million [+]
External Debt 5097491.00 5017843.00 5097491.00 1795598.00 EUR Million [+]
Capital Flows 1322.47 -239.19 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 7371.32 8136.87 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3366.77 3367.90 3468.60 3366.77 Tonnes [+]
Terms Of Trade 101.79 101.29 105.65 73.51 Index Points [+]
Terrorism Index 4.60 4.92 4.92 1.77 [+]
Tourist Arrivals 38881.00 37452.00 38881.00 14347.00 Thousand [+]
Weapons Sales 1277.00 1980.00 3311.00 12.00 USD Million [+]
Crude Oil Production 37.00 37.00 79.00 37.00 BBL/D/1K [+]


Germany 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). This page provides - Germany Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16900.00 21300.00 32686.70 -9353.00 1956 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 25.71 Aug/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 6037.00 Aug/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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