Germany recorded a Current Account surplus of 7.10 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Germany averaged 3 percent from 1980 until 2019, reaching an all time high of 8.60 percent in 2015 and a record low of -1.80 percent in 2000. This page provides - Germany Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Current Account to GDP - values, historical data and charts - was last updated on May of 2020. source: Eurostat

Current Account to GDP in Germany is expected to reach 5.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Current Account to GDP is projected to trend around 6.20 percent in 2021 and 5.50 percent in 2022, according to our econometric models.

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Germany Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.40 8.60 -1.80 1980 - 2019 percent Yearly

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 17355.00 20616.37 25455.63 -535.91 EUR Million [+]
Current Account 24400.00 23728.43 32222.30 -9353.00 EUR Million [+]
Current Account to GDP 7.10 7.40 8.60 -1.80 percent [+]
Imports 91593.00 88612.48 98544.67 346.78 EUR Million [+]
Exports 108948.00 109228.84 119746.33 226.39 EUR Million [+]
External Debt 4974278.00 5164628.00 5164628.00 1795598.00 EUR Million [+]
Capital Flows 14749.75 5766.02 46828.12 -28680.00 EUR Million [+]
Foreign Direct Investment 16360.64 13030.45 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3364.20 3366.77 3468.60 3364.20 Tonnes [+]
Terms Of Trade 105.16 102.19 105.65 73.51 points [+]
Terrorism Index 4.25 4.60 4.92 1.77 [+]
Tourist Arrivals 38881.00 37452.00 38881.00 14347.00 Thousand [+]
Weapons Sales 1277.00 1980.00 3311.00 12.00 USD Million [+]
Crude Oil Production 37.00 37.00 79.00 37.00 BBL/D/1K [+]


Germany Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.