Germany recorded a Current Account surplus of 7.60 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Germany averaged 2.90 percent from 1980 until 2018, reaching an all time high of 8.60 percent in 2015 and a record low of -1.80 percent in 2000. source: Eurostat

Current Account to GDP in Germany is expected to be 6.80 percent by the end of this quarter, 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 5.90 percent in 2020, according to our econometric models.

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Germany Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
7.60 8.30 8.60 -1.80 1980 - 2018 percent Yearly


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.

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18337.00 21311.62 25455.63 -535.91 EUR Million [+]
Current Account 24900.00 22900.00 32686.70 -9353.00 EUR Million [+]
Current Account to GDP 7.60 8.30 8.60 -1.80 percent [+]
Imports 94580.00 98436.66 98544.67 346.78 EUR Million [+]
Exports 112917.00 119748.28 119748.28 226.39 EUR Million [+]
External Debt 5164628.00 5097491.00 5164628.00 1795598.00 EUR Million [+]
Capital Flows 30367.86 27266.14 46159.18 -28680.00 EUR Million [+]
Foreign Direct Investment 12459.66 -1117.95 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3366.77 3366.77 3468.60 3366.77 Tonnes [+]
Terms Of Trade 100.89 101.39 105.65 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 38.00 39.00 79.00 37.00 BBL/D/1K [+]