Germany's current account surplus decreased to EUR 20.6 billion in June 2019 from EUR 24.8 billion in the same month of the previous year. The goods surplus declined to EUR 18.1 billion from EUR 20.7 billion a year earlier, while the secondary income gap rose to EUR 3.3 billion from EUR 2.8 billion and the services gap went up to EUR 2.9 billion from EUR 1.5 billion. Meanwhile, the primary income surplus rose to EUR 8.8 billion from EUR 8.4 billion. Considering January to June, the current account surplus narrowed to EUR 126.4 billion from EUR 130.6 billion in the same period of 2018. Current Account in Germany averaged 4010.49 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 19500.00 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 22500.00 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
2019-05-10 06:00 AM Current Account Mar €30.2B €17.5B €25.6B
2019-06-07 06:00 AM Current Account Apr €22.6B €30.9B €21.1B
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 €20.3B €11.7B
2019-10-10 06:00 AM Current Account Aug €12.8B
2019-11-08 07:00 AM Current Account Sep €19.5B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 16821.00 20571.23 25455.63 -535.91 EUR Million [+]
Current Account 20600.00 16200.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.30 8.00 8.50 -1.80 percent [+]
Imports 89263.00 93536.28 98535.29 346.78 EUR Million [+]
Exports 106084.00 114107.51 118235.00 226.39 EUR Million [+]
External Debt 4994410.00 4849468.00 4994410.00 1929687.00 EUR Million [+]
Capital Flows 11971.02 10541.04 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 1077.25 11885.30 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3367.90 3369.70 3468.60 3367.90 Tonnes [+]
Terms Of Trade 100.99 99.71 105.65 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 1277.00 1980.00 3311.00 12.00 USD Million [+]
Crude Oil Production 39.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20600.00 16200.00 32686.70 -9353.00 1956 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 13.32 May/19
France -755.00 Jun/19
Germany 20600.00 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 2599.00 May/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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