Spain Current Account  1969-2017 | Data | Chart | Calendar | Forecast

The Spanish current account deficit narrowed sharply to €223 million in February 2017 from €1,117 million in the same month of the previous year. The primary and secondary income gap declined to €1,079 million from €2,352 million a year ago, while the goods and services surplus went down to €856 million from €1,236 million in February 2016, despite an increase of tourism revenues to €3,098 million from €2,732 million. In the first two months of the year, the current account posted a €186 million surplus compared with a €1,520 million in the same period of 2016. Current Account in Spain averaged -1221.29 EUR Million from 1969 until 2017, reaching an all time high of 4482 EUR Million in December of 2014 and a record low of -12368 EUR Million in January of 2008.

Spain Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-28 09:00 AM Dec €3400M €3300M € 4060M
2017-03-31 08:00 AM Jan €409M €3666M € -286M
2017-04-28 08:10 AM Feb €-223M €409M € -930M
2017-05-31 08:00 AM Mar €-223M € 1202.2M
2017-06-30 08:20 AM Apr € 1145.4M
2017-07-31 08:00 AM May € 983.2M




Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1458000.00 -2606000.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 26225000.00 22076000.00 26225000.00 14286.06 EUR Thousand [+]
Imports 27684000.00 24682000.00 27684000.00 37437.07 EUR Thousand [+]
Current Account -223.00 409.00 4482.00 -12368.00 EUR Million [+]
Current Account to GDP 1.50 1.40 1.50 -9.60 percent [+]
Terms of Trade 101.30 101.30 123.70 62.20 Index Points [+]
Foreign Direct Investment 2728.00 4832.00 23250.00 -10292.00 EUR Million [+]
Capital Flows -5016.00 5582.00 15580.00 -9850.00 EUR Million [+]
Remittances 3208.00 2624.00 3434.00 732.00 EUR Million [+]
Tourist Arrivals 4907.55 4118.21 10104.27 1397.41 Thousand [+]
Gold Reserves 281.58 281.58 523.47 281.58 Tonnes [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]
External Debt 1865366000.00 1890465000.00 1890465000.00 601897024.00 EUR Thousand [+]
Tourism Revenues 3098.00 3409.00 7102.00 890.00 EUR Million [+]
Weapons Sales 1279.00 1062.00 1429.00 2.00 USD Million [+]
Terrorism Index 1.20 2.62 6.52 1.20 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Spain Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Spain Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-223.00 409.00 4482.00 -12368.00 1969 - 2017 EUR Million Monthly



current account by Country

Last
Australia -3853.00 Dec/16
Brazil 1396.50 Mar/17
Canada -10726.00 Dec/16
China 190.00 Mar/17
Euro Area 44.80 Mar/17
France -3032.00 Mar/17
Germany 30200.00 Mar/17
India -7900.00 Dec/16
Indonesia -2397.00 Mar/17
Italy 3121.40 Mar/17
Japan 2907.70 Mar/17
Mexico -3362.67 Dec/16
Netherlands 17897.70 Dec/16
Russia 22800.00 Mar/17
South Korea 5930.00 Mar/17
Spain -223.00 Feb/17
Switzerland 22022.94 Dec/16
Turkey -3057.00 Mar/17
United Kingdom -12088.00 Dec/16
United States -112382.00 Dec/16