Spain's current account deficit widened to EUR 1.71 billion in February of 2021 from EUR 1.37 billion in the same month of the previous year. All the balances ended up contributing to a larger deficit, as the goods and services surplus shrank to EUR 0.81 billion from EUR 2.15 billion a year ago, the primary and secondary income gap narrowed to EUR 2.52 billion from EUR 0.78 billion. source: Bank of Spain

Current Account in Spain averaged -902.52 EUR Million from 1969 until 2021, 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 May of 2021.

Current Account in Spain is expected to be 2600.00 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 2050.00 in 12 months time. In the long-term, the Spain Current Account is projected to trend around 2480.00 EUR Million in 2022 and 2220.00 EUR Million in 2023, according to our econometric models.

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Spain Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1710.00 -1010.00 5765.00 -12201.00 1969 - 2021 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 09:15 AM Nov €3.34B €1.29B €1.5B
2021-02-26 09:05 AM Dec €0.73B €3.34B €1.04B
2021-03-31 08:10 AM Jan €-1.01B €0.53B €-2.0B
2021-04-30 08:00 AM Feb €-1.71B €-1.01B €1.0B
2021-05-28 08:00 AM Mar €-1.71B
2021-06-30 08:00 AM Apr
2021-07-30 08:00 AM May
2021-08-31 08:00 AM Jun


News Stream
Spain Current Account Deficit Widens in February
Spain's current account deficit widened to EUR 1.71 billion in February of 2021 from EUR 1.37 billion in the same month of the previous year. All the balances ended up contributing to a larger deficit, as the goods and services surplus shrank to EUR 0.81 billion from EUR 2.15 billion a year ago, the primary and secondary income gap narrowed to EUR 2.52 billion from EUR 0.78 billion.
2021-04-30
Spain Current Account Gap Narrows in January
Spain's current account deficit narrowed to EUR 1.01 billion in January of 2021 from EUR 1.27 billion in the same month of the previous year. The goods and services account shifted to a deficit of EUR 6 million from a EUR 541 million surplus in the same period of 2020; and the primary and secondary income gap narrowed to EUR 1.01 billion from EUR 1.82 billion a year ago.
2021-03-31
Spain Current Account Surplus Narrows in December
Spain's current account surplus fell to EUR 0.73 billion in December of 2020 from EUR 2.2 billion in the same month of the previous year. The goods and services surplus narrowed to EUR 0.8 billion from EUR 1.7 billion in the same period of 2019; and the primary and secondary income account shifted to a deficit of EUR 0.1 billion from EUR 0.5 billion a year ago.
2021-02-26
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
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).