Germany's current account surplus increased to EUR 22.4 billion in June 2020 from EUR 19.5 billion in the same month the previous year. The goods surplus stood at EUR 16.1 billion, little-changed from EUR 16.2 billion a year earlier. At the same time, the services account posted a surplus of EUR 1.6 billion, compared to a gap of EUR 3.0 billion, while the secondary income deficit narrowed to EUR 1.7 billion from EUR 3.4 billion. The primary income surplus dropped to EUR 6.4 billion from EUR 9.7 billion in the prior year.
Current Account in Germany averaged 4228.48 EUR Million from 1956 until 2020, reaching an all time high of 32222.30 EUR Million in March of 2017 and a record low of -9353 EUR Million in August of 2000. This page provides - Germany Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Deutsche Bundesbank
Current Account in Germany is expected to be 20800.00 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 18900.00 in 12 months time. In the long-term, the Germany Current Account is projected to trend around 19100.00 EUR Million in 2021 and 18500.00 EUR Million in 2022, according to our econometric models.