Spain's current account surplus was little changed year-on-year at EUR 3.33 billion in November of 2020. It was the largest current account surplus since November of 2019, as the primary and secondary income surplus widened to EUR 1.11 billion from EUR 0.67 billion a year ago. Meanwhile, the goods and services surplus narrowed to EUR 2.22 billion from EUR 2.67 billion in the same period of 2019 source: Bank of Spain

Current Account in Spain averaged -902.66 EUR Million from 1969 until 2020, reaching an all time high of 5765 EUR Million in July of 2016 and a record low of -12201 EUR Million in January of 2008. This page provides the latest reported value for - Spain Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Current Account in Spain is expected to be 1980.00 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 Spain to stand at 1950.00 in 12 months time. In the long-term, the Spain Current Account is projected to trend around 2480.00 EUR Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Spain Current Account

Actual Previous Highest Lowest Dates Unit Frequency
3335.00 1294.00 5765.00 -12201.00 1969 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-30 09:00 AM Aug €1.35B €1.45B €3.6B
2020-11-30 09:15 AM Sep €0.3B €1.35B €0.9B
2020-12-30 09:00 AM Oct €1.29B €-0.3B €0.8B
2021-01-29 09:15 AM Nov €3.34B €1.29B €1.5B
2021-02-26 09:00 AM Dec €3.34B €1.04B
2021-03-31 08:15 AM Jan
2021-04-30 08:00 AM Feb
2021-05-28 08:00 AM Mar


News Stream
Spain Current Account Surplus Little Changed
Spain's current account surplus was little changed year-on-year at EUR 3.33 billion in November of 2020. It was the largest current account surplus since November of 2019, as the primary and secondary income surplus widened to EUR 1.11 billion from EUR 0.67 billion a year ago. Meanwhile, the goods and services surplus narrowed to EUR 2.22 billion from EUR 2.67 billion in the same period of 2019.
2021-01-29
Spain Current Account Surplus Narrows in October
Spain's current account surplus narrowed sharply to EUR 1.29 billion in October 2020, from EUR 2.77 billion in the same month last year, as the goods and services surplus declined to EUR 2.21 billion from EUR 3.81 billion due to falling tourism revenues (EUR 0.78 billion from EUR 6.21 billion). Meanwhile, the primary and secondary income deficit dropped to EUR 0.92 billion from EUR 1.04 billion a year earlier. Considering the first ten months of the year, the current account surplus plunged to EUR 3.97 billion from EUR 21.05 billion in the same period of 2019.
2020-12-30
Spain Current Account Surplus Narrows as Tourism Revenues Slump
Spain's current account surplus narrowed sharply to EUR 0.30 billion in September 2020, from EUR 1.17 billion in the same month last year, as the goods and services surplus declined to EUR 1.02 billion from EUR 1.99 billion due to falling tourism revenues (EUR 0.90 billion from EUR 7.54 billion). Meanwhile, the primary and secondary income deficit dropped to EUR 0.72 billion from EUR 0.82 billion a year earlier. Considering the first nine months of the year, the current account surplus plunged to EUR 3.76 billion from EUR 18.28 billion in the same period of 2019.
2020-11-30
Spain Current Account Surplus Falls by Near 300%
The current account surplus in Spain narrowed sharply to EUR 1.35 billion in August of 2020 from EUR 3.75 billion a year earlier. The surplus on goods and services fell to EUR 1.9 billion from EUR 4.67 billion while the deficit on the primary and secondary income went down to EUR 0.55 billion from EUR 0.92 billion.
2020-10-30

Spain 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).