Spain's current account surplus narrowed to EUR 0.3 billion in October 2018 from EUR 1.87 billion in the corresponding month o the previous year. The goods and services surplus decreased to EUR 2.0 billion from EUR 3.6 billion a year earlier, despite a rise in tourism revenues (EUR 6.0 billion from EUR 5.7 billion). Meantime, the primary and secondary income deficit was almost unchanged (EUR 1.7 billion). Considering the first ten months of the year, the current account surplus declined sharply to EUR 3.7 billion from EUR 13.0 billion. Current Account in Spain averaged -1136.46 EUR Million from 1969 until 2018, 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 2800.00 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 2750.00 in 12 months time. In the long-term, the Spain Current Account is projected to trend around 3640.00 EUR Million in 2020, according to our econometric models.

Spain Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 08:10 AM Current Account €0.11B €0.98B €2.7B
2018-10-31 09:00 AM Current Account €1.83B €0.11B €2.9B
2018-11-30 09:00 AM Current Account €0.9B €1.83B €2.5B
2018-12-28 09:00 AM Current Account €0.3B €0.7B €1.1B
2019-01-31 09:00 AM Current Account €0.3B
2019-02-28 09:00 AM Current Account € 2.8B
2019-03-28 08:10 AM Current Account


Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -3836500.00 -3297072.00 634935.00 -9834766.00 EUR Thousand [+]
Current Account 294.00 696.00 5059.00 -12368.00 EUR Million [+]
Current Account to GDP 1.90 1.90 1.90 -9.60 percent [+]
Imports 30249900.00 25473900.00 30249900.00 37437.07 EUR Thousand [+]
Exports 26413300.00 22176855.84 26413300.00 14286.06 EUR Thousand [+]
Terms of Trade 100.20 100.30 123.70 62.20 Index Points [+]
Foreign Direct Investment -9659.00 1561.00 23250.00 -9659.00 EUR Million [+]
Capital Flows 3873.00 -263.00 17904.00 -11878.00 EUR Million [+]
Remittances 2552.00 3515.00 3590.00 732.00 EUR Million [+]
Tourist Arrivals 4549.90 7635.57 10493.44 1397.41 Thousand [+]
Gold Reserves 281.60 281.60 523.47 281.58 Tonnes [+]
Tourism Revenues 6021.00 6803.00 8015.00 890.00 EUR Million [+]
Terrorism Index 1.70 1.20 6.52 1.20 [+]
Weapons Sales 814.00 507.00 1429.00 2.00 USD Million [+]
External Debt 2003697000.00 1991484000.00 2003697000.00 618600000.00 EUR Thousand [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]

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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
294.00 696.00 5059.00 -12368.00 1969 - 2018 EUR Million Monthly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 26.63 Oct/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 6081.00 Oct/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 27664.00 Sep/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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