Current Account in Germany

Germany Current Account (EUR bn) | Economic News & Forecasts

Germany - Current Account (billions of Euros)

The economy grew faster than expected in Q1, owing to robust domestic demand and a positive contribution from the external sector despite lingering external headwinds. Upbeat household consumption, amid a tight labor market and easing inflationary pressures, and strong fixed investment powered the domestic economy. Data on the second quarter, meanwhile, is mixed but overall suggests that economic growth remained resilient in the quarter. Consumer confidence stayed elevated through May, and the composite PMI in April–May trended above the Q1 average. On the other hand, business confidence continued to tread water in April and May, and the downturn in the manufacturing sector seemingly intensified in the same period. Meanwhile, the grand coalition has come under renewed pressure after the Social Democrats suffered further electoral losses in local elections in Bremen and the European elections.

Germany - Current Account (EUR bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (EUR bn)190  219  271  269  262  

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Germany Current Account (EUR bn) Chart

Germany Current Account
Note: Current account balance as % of GDP.
Source: German Central Bank and FocusEconomics calculations.

Germany Facts

Bond Yield-0.260.41 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market12,096-0.41 %Jun 14

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