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Euro Area Current Account Value and percent from GDP

Euro Area Current Account Data

Indicator Data Period
Current Account to GDP -1 % 2022
Current Account 26.85 EUR Billion | 28.485 B USD Jul/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Euro Area - Historical Data (%)

What is ratio of Euro Area Current Account to GDP?

  • The surplus of Current Account to GDP in Euro Area decreased to 1 % in 2022. The maximum surplus was 3.6 % and deficit was -1.8 %
  • Data published Yearly by European Central Bank.

Historical Data (%) by years

Data
Period
Date
-1 2022 17.02.2023
2.5 2021 11.07.2022
3 2020 17.05.2021
2.3 2019 03.06.2020
3.1 2018 19.02.2019
3.2 2017 31.01.2019
3.3 2016 11.08.2017


Historical Chart by presidents (%)

Current Account to GDP in Euro Area by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mario Draghi 01.11.2011 - 3.3000 3.5000 3.5000 3.3000 6.06%


Latest data on Current Account (EUR Billion)

Current Account
                     Euro Area - Historical Data (EUR Billion)

What is Euro Area Current Account Deficit?

  • The surplus of Current Account in Euro Area decreased to 26.85 EUR Billion (28.485 B USD) in July 2023. The maximum value was 50.43 EUR Billion and minimum was -33.54 EUR Billion.
  • Data published Monthly by European Central Bank.

Historical Data (EUR Billion) by years

Data
Period
Date
26.85 Jul/23 19.09.2023
36.77 Jun/23 22.08.2023
-11.27 May/23 20.07.2023
4.23 Apr/23 20.06.2023
45 Mar/23 23.05.2023
21.27 Feb/23 19.04.2023
28.9 Dec/22 17.02.2023
13.41 Nov/22 19.01.2023


Historical Chart by presidents (EUR Billion)

Current Account in Euro Area by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mario Draghi 01.11.2011 - 18.3000 26.2000 45.8100 12.8300 43.17%

Other trade indicators in Euro Area

Index Updated Actual Previous
Balance of Trade Jul/23 6.861 B USD 19.632
Capital Flows Jul/23 23.658 B USD 82.58
Exports Jul/23 241.678 B USD 267.382
Foreign Exchange Reserves Aug/23 84.21 B USD 83.22
Imports Jul/23 234.818 B USD 247.75

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2022 0.7 % 0.4
Ireland 2022 8.8 % 14.2
Luxembourg 2022 5 % 4.6
Spain 2022 0.6 % 1
Iceland 2022 -1.5 % -2.4
Norway 2022 30.3 % 13.6
Belarus 2022 4.2 % 2.7
Belgium 2022 -3.5 % 0.4
Bulgaria 2022 -0.7 % -1.9
Croatia 2022 -3.3 % 3.1
Cyprus 2022 -9.1 % -6.8
Czech Republic 2022 -6.1 % -2.8
Denmark 2022 13.2 % 9
Estonia 2022 -2.2 % -1.8
Euro Area 2022 -1 % 2.3
European Union 2022 -0.6 % 2.6
Finland 2022 -3.9 % 0.5
France 2022 -2.1 % 0.4
Germany 2022 4.2 % 7.7
Greece 2022 -9.7 % -6.8
Hungary 2022 -8.2 % -3.9
Italy 2022 -1.3 % 3.1
Latvia 2022 -6.4 % -4.2
Lithuania 2022 -5.1 % 1.1
Macedonia 2022 -6.7 % -3.6
Malta 2022 -5.8 % 1.2
Moldova 2022 -13.1 % -11.6
Montenegro 2022 -13.3 % -9.2
Netherlands 2022 4.4 % 7.3
Poland 2022 -3 % -1.4
Portugal 2022 -1.3 % -0.8
Romania 2022 -9.3 % -7.2
Russia 2022 10.3 % 6.8
Serbia 2022 -6.9 % -4.3
Slovakia 2022 -8.3 % -2.5
Slovenia 2022 -0.4 % 3.8
Sweden 2022 4.3 % 6.5
Switzerland 2022 9.8 % 7.9
Turkey 2022 -5.4 % -0.9
Ukraine 2022 5 % -1.9
United Kingdom 2018 -3.9 % -4.1
Albania 2022 -6 % -7.6
Bosnia and Herzegovina 2022 -4.5 % -2.4
Kosovo 2022 -10.8 % -8.7