Germany's current account surplus increased to EUR 16.5 billion in May 2019 from EUR 13.0 billion in the same month of the previous year. The goods surplus rose to EUR 21.3 billion from EUR 19.1 billion a year earlier and the secondary income surplus rose to EUR 0.5 billion from EUR 0.1 billion. In addition, the primary income deficit fell to EUR 4.2 billion from EUR 4.9 billion and the services gap declined to EUR 1.1 billion from EUR 1.4 billion. Considering January to May, the current account surplus widened to EUR 106.4 billion from EUR 105.8 billion in the same period of 2018. Current Account in Germany averaged 3990.84 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
2019-04-08 06:00 AM Current Account Feb €16.3B €18.8B €17.5B
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 €16.5B €20.8B
2019-09-09 06:00 AM Current Account Jul €11.7B
2019-10-10 06:00 AM Current Account Aug €12.8B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 20600.00 17900.00 25455.63 -535.91 EUR Million [+]
Current Account 16500.00 22900.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.30 8.00 8.50 -1.80 percent [+]
Imports 93367.00 92113.05 98535.37 346.78 EUR Million [+]
Exports 113936.00 110005.71 118440.95 226.39 EUR Million [+]
External Debt 4994410.00 4849468.00 4994410.00 1929687.00 EUR Million [+]
Capital Flows 10541.04 16898.25 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 11885.30 12085.48 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3367.90 3369.70 3468.60 3367.90 Tonnes [+]
Terms Of Trade 99.71 99.81 105.65 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 38.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16500.00 22900.00 32686.70 -9353.00 1956 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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