France’s current account deficit decreased to EUR 0.8 billion in April 2019 from an upwardly revised EUR 2.3 billion in March. The goods gap narrowed to EUR 4.5 billion from EUR 5.7 billion a month earlier and the services surplus rose to EUR 2.5 billion from EUR 2.2 billion. Additionally, the primary and secondary income surplus widened to EUR 1.2 billion from EUR 1.1 billion in March. Current Account in France averaged 191.41 EUR Million from 1993 until 2019, reaching an all time high of 4784 EUR Million in August of 1998 and a record low of -6628 EUR Million in June of 2014.
Current Account in France is expected to be -2100.00 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 France to stand at -2600.00 in 12 months time. In the long-term, the France Current Account is projected to trend around -780.00 EUR Million in 2020, according to our econometric models.