The current account surplus in the Netherlands shrank to EUR 18.1 billion in the first quarter of 2019 from EUR 20.1 billion in the same quarter of the previous year. The goods surplus decreased to EUR 17.6 billion from EUR 19.4 billion a year ago while the services surplus widened to EUR 4.5 billion from EUR 1.5 billion. Meantime, the primary income account shifted to an EUR 1.5 billion deficit from an EUR 1.3 billion surplus in Q1 2018 and the secondary income gap rose to EUR 2.5 billion from EUR 2.1 billion. Current Account in Netherlands averaged 7010.07 EUR Million from 1982 until 2019, reaching an all time high of 27866.80 EUR Million in the first quarter of 2015 and a record low of -14374.20 EUR Million in the second quarter of 2015.
Current Account in Netherlands 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 Netherlands to stand at 24200.00 in 12 months time. In the long-term, the Netherlands Current Account is projected to trend around 19500.00 EUR Million in 2020, according to our econometric models.