Spain posted a current account gap of EUR 0.11 billion in August of 2022, shifting from a surplus of EUR 0.53 billion in the corresponding month of the previous year. The primary and secondary income shortfall widened to EUR 1.21 billion from EUR 0.76 billion, and the goods and services account surplus narrowed to EUR 1.10 billion from EUR 1.29 billion a year ago. source: Bank of Spain

Current Account in Spain averaged -856.02 EUR Million from 1969 until 2022, reaching an all time high of 5765.00 EUR Million in July of 2016 and a record low of -12201.00 EUR Million in January of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Current Account in Spain is expected to be -320.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Current Account is projected to trend around -500.00 EUR Million in 2023 and -900.00 EUR Million in 2024, according to our econometric models.

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Spain Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-30 08:00 AM Jul €1.34B €0.5B €1.8B
2022-10-31 09:00 AM Aug €-0.11B €1.34B €0.7B
2022-11-30 09:00 AM Sep €-0.11B €0.1B


Related Last Previous Unit Reference
Current Account -112.00 1340.00 EUR Million Aug 2022
Foreign Direct Investment 5752.00 3954.00 EUR Million Aug 2022
Capital Flows 5684.00 -1196.00 EUR Million Aug 2022
Remittances 3413.00 4252.00 EUR Million Jun 2022
Tourism Revenues 9034.00 9342.00 EUR Million Aug 2022
External Debt 2328155000.00 2341053000.00 EUR Thousand Jun 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-112.00 1340.00 5765.00 -12201.00 1969 - 2022 EUR Million Monthly

News Stream
Spain Current Account Swings to Deficit in August
Spain posted a current account gap of EUR 0.11 billion in August of 2022, shifting from a surplus of EUR 0.53 billion in the corresponding month of the previous year. The primary and secondary income shortfall widened to EUR 1.21 billion from EUR 0.76 billion, and the goods and services account surplus narrowed to EUR 1.10 billion from EUR 1.29 billion a year ago.
2022-10-31
Spain Current Account Surplus Shrinks in July
Spain’s current account surplus narrowed to EUR 1.34 billion in July of 2022, from EUR 2.46 billion in the corresponding month of the previous year. The goods and services account surplus narrowed slightly to EUR 3.39 billion from EUR 3.41 billion, while the primary and secondary income deficit widened to EUR 2.05 billion from EUR 0.95 billion a year earlier.
2022-09-30
Spain Current Account Surplus Narrows in June
Spain’s current account surplus narrowed to EUR 0.04 billion in June of 2022, from EUR 0.51 billion in the corresponding month of the previous year. The goods and services account surplus narrowed to EUR 1.64 billion from EUR 1.79 billion, while the primary and secondary income deficit widened to EUR 1.60 billion from EUR 1.28 billion a year earlier.
2022-08-31