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Germany Current Account Value and percent from GDP

Germany Current Account Data

Indicator Data Period
Current Account to GDP 4.2 % 2022
Current Account 18693 EUR Million | 19.831 B USD Jul/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Germany - Historical Data (%)

What is ratio of Germany Current Account to GDP?

  • The surplus of Current Account to GDP in Germany decreased to 4.2 % in 2022. The maximum surplus was 8.6 % and deficit was -1.8 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
4.2 2022 11.04.2023
7.4 2021 19.07.2022
7 2020 12.04.2021
7.1 2019 08.04.2020
7.6 2018 10.04.2019
8 2017 19.04.2018
8.3 2016 11.08.2017
8.6 2015 31.12.2015


Historical Chart by chancellors (%)

Current Account to GDP in Germany by chancellors

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Angela Merkel 22.11.2005 - 4.6000 8.0000 8.6000 4.6000 73.91%
Gerhard Schröder 27.10.1998 - 22.11.2005 -0.7000 4.5000 4.5000 -1.7000 -742.86%
Helmut Kohl 01.10.1982 - 27.10.1998 0.7000 -0.5000 4.6000 -1.5000 -171.43%


Latest data on Current Account (EUR Million)

Current Account
                     Germany - Historical Data (EUR Million)

What is Germany Current Account Deficit?

  • The surplus of Current Account in Germany decreased to 18693 EUR Million (19.831 B USD) in July 2023. The maximum value was 32389 EUR Million and minimum was -9365 EUR Million.
  • Data published Monthly by Central Bank.

Historical Data (EUR Million) by years

Data
Period
Date
18693 Jul/23 12.09.2023
29579 Jun/23 11.08.2023
8937 May/23 14.07.2023
21785 Apr/23 13.06.2023
32363 Mar/23 12.05.2023
22605 Feb/23 13.04.2023
16177 Jan/23 15.03.2023
24307 Dec/22 10.02.2023


Historical Chart by chancellors (EUR Million)

Current Account in Germany by chancellors

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Angela Merkel 22.11.2005 - 10206.1600 22700.0000 31130.1800 5045.7500 122.41%
Gerhard Schröder 27.10.1998 - 22.11.2005 -5431.2700 6992.7900 13303.4800 -9353.2200 -228.75%
Helmut Kohl 01.10.1982 - 27.10.1998 544.8500 -4236.2000 15553.9000 -13042.7200 -877.50%

Other trade indicators in Germany

Index Updated Actual Previous
Weapons Sales 2022 1510 M USD 938
Balance of Trade Aug/23 0.018 B USD 0.019
Capital Flows Jul/23 2.626 B USD 61.628
Exports Aug/23 0.136 B USD 0.138
Foreign Exchange Reserves Sep/23 299.692 B USD 301.68
Imports Aug/23 0.118 B USD 0.119
Terms of Trade  Aug/23 97.99 in. pt. 98.31
Tourist Arrivals 2023 4.465 Million Persons 3.306

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