Germany
Current account balance
The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.
Current account balance - Germany
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The reading right now
As of January 2024, Current account balance for Germany stood at 5.81%. That is up 0.3 percentage points from the prior year. Over the trailing five years, the series has averaged 6.05%, ranging from a low of 3.85% in January 2022 to a high of 7.87% in January 2019. The current reading sits 1.2 percentage points below its trailing ten-year mean of 7%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.