Germany recorded a Current Account surplus of 5.90 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Germany averaged 3.31 percent of GDP from 1980 until 2023, reaching an all time high of 8.60 percent of GDP in 2015 and a record low of -1.80 percent of GDP in 2000. source: EUROSTAT

Current Account to GDP in Germany is expected to reach 6.60 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Current Account to GDP is projected to trend around 6.40 percent of GDP in 2025 and 6.20 percent of GDP in 2026, according to our econometric models.



Related Last Previous Unit Reference
Auto Exports 292700.00 277700.00 Units Mar 2024
Balance of Trade 21.40 27.50 EUR Billion Feb 2024
Capital Flows 15493.11 2087.45 EUR Million Feb 2024
Crude Oil Production 32.00 32.00 BBL/D/1K Dec 2023
Current Account 29755.84 27912.67 EUR Million Feb 2024
Current Account Goods 25653.41 17494.13 EUR Million Jan 2024
Current Account Services -4100.07 270.87 EUR Million Jan 2024
Current Account to GDP 5.90 4.20 percent of GDP Dec 2023
Exports MoM 132.90 135.60 EUR Billion Feb 2024
Exports by Category
Exports by Country
External Debt 6109215.00 6046544.00 EUR Million Dec 2023
External Debt to GDP 149.00 151.00 percent of GDP Sep 2023
Foreign Direct Investment 914.93 4753.54 EUR Million Feb 2024
Gold Reserves 3352.65 3352.65 Tonnes Dec 2023
Imports MoM 111.50 108.10 EUR Billion Feb 2024
Imports by Category
Imports by Country
Natural Gas Imports 275090.40 275940.51 Terajoule Mar 2024
Remittances 644.50 644.49 EUR Million Feb 2024
Terms of Trade 102.06 101.70 points Feb 2024
Terrorism Index 2.78 4.24 Points Dec 2023
Tourist Arrivals 1858.91 2733.28 Thousand Jan 2024
Weapons Sales 1510.00 938.00 SIPRI TIV Million Dec 2022

Germany Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
5.90 4.20 8.60 -1.80 1980 - 2023 percent of GDP Yearly