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 (%)
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)
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 | -121.70 | -0.092 B USD | -0.098 |
| 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 |
