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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 -0.7 % 2022
Current Account 28.9 EUR Billion | 31.04 B USD Dec/22


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 0.7 % 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
-0.7 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 increased to 28.9 EUR Billion (31.04 B USD) in December 2022. 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
28.9 Dec/22 17.02.2023
13.41 Nov/22 19.01.2023
-4.39 Oct/22 20.12.2022
3.81 Sep/22 22.11.2022
-20.21 Aug/22 20.10.2022
-10.1 Jul/22 20.09.2022
3.24 Jun/22 25.08.2022
-15.4 May/22 20.07.2022


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 Jan/23 -32.865 B USD -9.451
Capital Flows Dec/22 75.365 B USD -10.332
Exports Jan/23 239.402 B USD 256.392
Foreign Exchange Reserves Feb/23 82.46 B USD 84.47
Imports Jan/23 272.267 B USD 265.793

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2021 -0.5 % 1.9
Ireland 2021 13.9 % -2.7
Luxembourg 2021 4.8 % 4.1
Spain 2021 0.9 % 0.8
Iceland 2021 -2.7 % 0.8
Norway 2021 15 % 1.1
Belarus 2021 -2.7 % -0.4
Belgium 2021 -0.4 % 0.8
Bulgaria 2022 -0.3 % -0.5
Croatia 2021 1.8 % -0.5
Cyprus 2021 -7.2 % -10.1
Czech Republic 2021 -0.8 % 2
Denmark 2021 8.8 % 8
Estonia 2021 -1.6 % -0.3
Euro Area 2022 -0.7 % 2.3
European Union 2021 2.5 % 2.3
Finland 2021 0.9 % 0.6
France 2021 0.4 % -1.8
Germany 2021 7.4 % 7.1
Greece 2021 -5.9 % -6.6
Hungary 2021 -2.9 % -1
Italy 2021 2.5 % 3.7
Latvia 2021 -2.9 % 2.9
Lithuania 2021 1.4 % 7.3
Macedonia 2021 -3.5 % -3.4
Malta 2021 -4.9 % -2.9
Moldova 2021 -11.6 % -7.7
Montenegro 2021 -9.3 % -26.1
Netherlands 2021 9 % 7.1
Poland 2021 -0.7 % 2.9
Portugal 2021 -1.1 % -1.1
Romania 2021 -7 % -5
Russia 2021 6.8 % 2.4
Serbia 2021 -4.4 % -4.3
Slovakia 2021 -2 % 0.4
Slovenia 2021 3.3 % 7.4
Sweden 2022 4.3 % 5.3
Switzerland 2021 9.3 % 2.8
Turkey 2021 -1.7 % -5
Ukraine 2021 -1.3 % 3.4
United Kingdom 2018 -3.9 % -4.1
Albania 2021 -7.7 % -8.7
Bosnia and Herzegovina 2021 -2.1 % -3.8
Kosovo 2021 -8.6 % -7