European Union recorded a Current Account surplus of 2.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in European Union averaged 1.17 percent of GDP from 1999 until 2024, reaching an all time high of 3.20 percent of GDP in 2016 and a record low of -1.40 percent of GDP in 2008. source: EUROSTAT
Current Account to GDP in European Union is expected to reach 2.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Current Account to GDP is projected to trend around 2.80 percent of GDP in 2026 and 3.00 percent of GDP in 2027, according to our econometric models.