Spain's current account surplus widened to EUR 2.05 billion in June 2019 from EUR 1.53 billion in the same month last year, as the goods and services surplus increased to EUR 3.96 billion from EUR 3.35 billion, with tourism revenues rising to EUR 6.78 billion (vs EUR 6.52 billion in June 2018). Meanwhile, the primary and secondary income deficit widened to EUR 1.91 billion from EUR 1.82 billion. Considering January-June, the current account posted a EUR 1.20 billion gap, compared to a EUR 1.64 billion surplus in the same period of 2018. Current Account in Spain averaged -1111.18 EUR Million from 1969 until 2019, reaching an all time high of 5059 EUR Million in December of 2017 and a record low of -12368 EUR Million in January of 2008.

Current Account in Spain is expected to be 800.00 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 Spain to stand at 1420.00 in 12 months time. In the long-term, the Spain Current Account is projected to trend around 1940.00 EUR Million in 2020, according to our econometric models.

Spain Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 08:00 AM Current Account Mar €0.03B €-2.77B €0.7B
2019-06-28 08:00 AM Current Account Apr €-0.41B €-0.11B €-0.68B €-1.7B
2019-07-31 08:00 AM Current Account May €2.7B €-0.41B €-0.7B €-0.5B
2019-08-30 08:10 AM Current Account Jun €2.05B €2.7B €1.5B
2019-09-27 08:00 AM Current Account Jul €2.05B €0.5B
2019-10-31 09:00 AM Current Account Aug €1.2B
2019-11-29 09:00 AM Current Account Sep €0.8B


Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1532700.00 -2110200.00 634935.00 -9834766.00 EUR Thousand [+]
Current Account 2050.00 2701.00 5059.00 -12368.00 EUR Million [+]
Current Account to GDP 0.90 1.80 2.30 -9.60 percent [+]
Imports 26471300.00 28801800.00 30249900.00 37437.07 EUR Thousand [+]
Exports 24938700.00 26691544.40 26691544.40 14286.06 EUR Thousand [+]
Terms of Trade 102.40 101.50 123.70 62.20 Index Points [+]
Foreign Direct Investment -1628.00 -2227.00 23250.00 -9566.00 EUR Million [+]
Capital Flows 4510.00 7563.00 17904.00 -11878.00 EUR Million [+]
Remittances 3475.00 3333.00 3590.00 732.00 EUR Million [+]
Tourist Arrivals 9887.05 8828.50 10493.44 1397.41 Thousand [+]
Gold Reserves 281.58 281.60 523.47 281.58 Tonnes [+]
Tourism Revenues 6784.00 5333.00 8015.00 890.00 EUR Million [+]
Terrorism Index 4.02 1.70 6.52 1.20 [+]
Weapons Sales 1188.00 820.00 1429.00 1.00 USD Million [+]
External Debt 2057984000.00 2014359000.00 2057984000.00 618600000.00 EUR Thousand [+]

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



Spain 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 the latest reported value for - Spain Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2050.00 2701.00 5059.00 -12368.00 1969 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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