Euro Area Current Account to GDP 1999-2014 | Data | Chart | Calendar

Euro Area recorded a Current Account surplus of 2.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in the Euro Area averaged 0.12 Percent from 1999 until 2013, reaching an all time high of 2.40 Percent in 2013 and a record low of -1.50 Percent in 2000. Current Account to GDP in the Euro Area is reported by the Eurostat.

   
  Forecast  

Euro Area Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.40 2.40 -1.50 1999 - 2013 percent Yearly
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. This page provides - Euro Area Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Euro Area Current Account to GDP - was last refreshed on Thursday, November 27, 2014.

Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 18486.50 8632.50 21553.00 -16638.00 EUR Million [+]
Exports 171907.00 139887.00 172911.70 53086.80 EUR Million [+]
Imports 153420.00 131255.00 161018.00 55641.60 EUR Million [+]
Current Account 31.00 17.40 32.91 -26.95 EUR Billion [+]
Current Account to GDP 2.40 1.40 2.40 -1.50 percent [+]
External Debt 11655490.00 11655489.82 12096481.11 5501622.07 EUR Million [+]
Capital Flows 27.86 11.48 38.51 -38.59 EUR Billion [+]
Gold Reserves 503.19 503.19 766.88 501.45 Tonnes [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]