The German current account balance of payments showed a surplus of EUR 18.8 billion in February of 2021, smaller than EUR 21.6 billion in the same month a year earlier. The goods surplus fell to EUR 18.6 billion from EUR 20.2 billion in February of 2020 while the services account shifted to a surplus of EUR 1.2 billion compared to a deficit of EUR 1.3 billion. At the same time, the primary income surplus widened to EUR 7.7 billion from EUR 7 billion while the secondary income deficit rose to EUR 8.8 billion from EUR 4.3 billion. In the first two months of the year, the country posted a current account surplus of EUR 36.4 billion, smaller than EUR 37.5 billion a year ago. source: Deutsche Bundesbank
Current Account in Germany averaged 4448.08 EUR Million from 1956 until 2021, reaching an all time high of 32388.97 EUR Million in March of 2019 and a record low of -9365.22 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 May of 2021.
Current Account in Germany is expected to be 18900.00 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 24900.00 in 12 months time. In the long-term, the Germany Current Account is projected to trend around 18500.00 EUR Million in 2022 and 16900.00 EUR Million in 2023, according to our econometric models.