Germany's current account surplus narrowed to a six-month low of EUR 16.3 billion in February 2019 from EUR 19.5 billion in the same month of the previous year, as the primary income surplus declined to EUR 6.2 billion from EUR 6.5 billion while the goods surplus was unchanged at EUR 19.1 billion. In addition, the services deficit widened to EUR 1.1 billion from EUR 0.8 billion a year earlier and the secondary income gap increased to EUR 7.9 billion from EUR 5.3 billion. Considering January to February, the current account surplus narrowed to EUR 35.1 billion from EUR 40.6 billion in the same period of 2018. Current Account in Germany averaged 3911.96 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 20800.00 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 27800.00 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
2019-01-09 07:00 AM Current Account €21.4B €18.9B €25.5B €18.6B
2019-02-08 07:00 AM Current Account €21.0B €21.6B € 17.4B
2019-03-11 07:00 AM Current Account €18.3B €23.1B €16.8B
2019-04-08 06:00 AM Current Account €16.3B €18.8B €17.5B
2019-05-10 06:00 AM Current Account €16.3B €25.6B
2019-06-07 06:00 AM Current Account €21.1B
2019-07-08 06:00 AM Current Account €10.5B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 17900.00 14600.00 25455.63 -535.91 EUR Million [+]
Current Account 16300.00 18800.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.30 8.00 8.50 -1.80 percent [+]
Imports 90900.00 94300.00 98536.00 346.78 EUR Million [+]
Exports 108800.00 108900.00 118140.36 226.39 EUR Million [+]
External Debt 4849468.00 4886438.00 4886438.00 1929687.00 EUR Million [+]
Capital Flows 29527.02 20177.74 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 7487.71 3121.05 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3369.70 3369.70 3468.60 3369.70 Tonnes [+]
Terms Of Trade 99.80 100.00 105.65 73.51 Index Points [+]
Terrorism Index 4.60 4.92 4.92 1.77 [+]
Tourist Arrivals 37452.00 35595.00 37452.00 14347.00 Thousand [+]
Weapons Sales 1653.00 2535.00 3310.00 12.00 USD Million [+]
Crude Oil Production 38.00 39.00 79.00 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16300.00 18800.00 32686.70 -9353.00 1956 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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