Current Account in Germany

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

Germany - Current Account (billions of Euros)

Germany narrowly avoided a technical recession in the fourth quarter, with economic growth coming in flat. This followed the release of full-year national accounts that had indicated a small rebound in Q4. The economy was nonetheless buttressed by domestic demand due to stronger fixed investment and public expenditure growth, while private consumption picked up slightly. The external sector, meanwhile, dragged on economic growth despite ending the year on a positive note in December. Looking ahead, a rebound in the first quarter of this year looks to be on the cards: Consumer sentiment picked up again in February, while the composite PMI continued to indicate improving business conditions in January and February. Business sentiment, however, remained somewhat pessimistic in the same period.

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

ValueChangeDate
Bond Yield0.080.41 %Mar 20
Exchange Rate1.140.65 %Mar 20
Stock Market11,604-0.41 %Mar 20

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