Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Germany Current Account Value and percent from GDP

Germany Current Account Data

Indicator Data Period
Current Account to GDP 7 % 2020
Current Account 13100 EUR Million | 15.484 B USD May/21


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 7 % in 2020. The maximum surplus was 8.6 % and deficit was -1.8 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
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
7.5 2014 31.12.2014
6.7 2013 31.12.2013


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 13100 EUR Million (15.484 B USD) in May 2021. 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
13100 May/21 08.07.2021
21299 Apr/21 09.06.2021
30178 Mar/21 07.05.2021
18800 Feb/21 09.04.2021
16900 Jan/21 09.03.2021
28200 Dec/20 09.02.2021
21300 Nov/20 08.01.2021
22500 Oct/20 09.12.2020


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
Current Account to GDP 2020 7 % 7.5
Weapons Sales 2020 1232 M USD 978
Balance of Trade May/21 14.538 B USD 18.019
Capital Flows May/21 7.731 B USD 13.67
Foreign Exchange Reserves Jun/21 252.47 B USD 261.455
Imports May/21 114.77 B USD 114.128
Terms of Trade  May/21 98.88 in. pt. 99.9
Tourist Arrivals 2021 0.231 Million Persons 0.184

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2020 2.5 % 2.8
Ireland 2020 4.6 % -11.3
Luxembourg 2019 4.5 % 4.8
Spain 2020 0.7 % 2.1
Iceland 2020 1 % 6.4
Norway 2020 1.9 % 2.8
Belarus 2020 -0.4 % -1.9
Belgium 2019 -1.2 % -1.4
Bulgaria 2019 4 % 4.6
Croatia 2019 2.5 % 1.9
Cyprus 2019 -6.7 % -4.4
Czech Republic 2019 -0.4 % 0.4
Denmark 2020 7.8 % 8.9
Estonia 2019 2.2 % 1.7
Euro Area 2020 3 % 3.1
European Union 2020 3 % 3
Finland 2020 0.3 % -0.3
France 2020 -1.9 % -0.7
Germany 2020 7 % 7.5
Greece 2020 -6.7 % -1.5
Hungary 2019 -0.8 % 0.4
Italy 2020 3.6 % 3.2
Latvia 2020 3 % -0.6
Lithuania 2020 8.3 % 3.3
Macedonia 2019 -3.3 % -0.1
Malta 2020 -4 % 5.8
Moldova 2019 -9.7 % -10.6
Montenegro 2019 -15 % -17
Netherlands 2020 7.8 % 9.9
Poland 2020 3.6 % 0.5
Portugal 2020 -1.2 % 0.4
Romania 2019 -4.6 % -4.5
Russia 2019 3.9 % 6.8
Serbia 2019 -6.9 % -4.8
Slovakia 2019 -2.9 % -2.6
Slovenia 2019 6.6 % 7
Sweden 2020 5.2 % 5.1
Switzerland 2020 3.8 % 6.7
Turkey 2020 -5.1 % 0.9
Ukraine 2020 -4 % -2.7
United Kingdom 2018 -3.9 % -4.1
Albania 2019 -7.6 % -6.7
Bosnia and Herzegovina 2020 -3.1 % -3.1
Kosovo 2019 -5.8 % -7.6