Euro Area Current Account to GDP 1999-2015 | Data | Chart | Calendar

Euro Area recorded a Current Account surplus of 2.10 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in the Euro Area averaged 0.19 percent from 1999 until 2014, reaching an all time high of 2.10 percent in 2014 and a record low of -1.60 percent in 2008. Current Account to GDP in the Euro Area is reported by the Eurostat.

Euro Area Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.90 2.10 -1.60 1999 - 2014 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 Wednesday, August 5, 2015.


Euro Area Trade Last Previous Highest Lowest Unit
Balance of Trade 18800.00 24941.50 24941.50 -16748.10 EUR Million [+]
Exports 164400.00 173646.00 182314.00 53045.90 EUR Million [+]
Imports 139500.00 148705.00 161445.00 55698.40 EUR Million [+]
Current Account 3.41 21.98 35.79 -30.73 EUR Billion [+]
Current Account to GDP 2.10 1.90 2.10 -1.60 percent [+]
External Debt 12632781.36 12093086.83 12632781.36 5501622.07 EUR Million [+]
Capital Flows 28.42 -16.99 110.25 -107.58 EUR Billion [+]
Gold Reserves 504.77 503.19 766.88 501.45 Tonnes [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]