Key information about EU Current Account Balance

• European Union Current Account recorded a surplus of 133.2 USD bn in Dec 2024, compared with a surplus of 139.5 USD bn in the previous quarter.
• EU Current Account Balance: USD mn data is updated quarterly, available from Mar 1999 to Dec 2024, with an averaged value of 30.4 USD bn.
• The data reached an all-time high of 161.3 USD bn in Sep 2017 and a record low of -77.5 USD bn in Jun 2008.
• CEIC converts quarterly Current Account Balance into USD. Eurostat provides Current Account Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.
• Foreign Direct Investment (FDI) increased by 4.8 USD bn in Nov 2024.
• EU Direct Investment Abroad expanded by 7.2 USD bn in Nov 2024.
• Its Foreign Portfolio Investment increased by 239.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 4,430.4 USD bn in Mar 2023.

Euro Area recorded a Current Account surplus of 12.97 EUR Billion in August of 2025. This dataset provides the latest reported value for - Euro Area Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about European Union Current Account Balance: % of GDP

• European Union Current Account surplus accounted for 2.7 % of the country's Nominal GDP in Dec 2024, compared with a 2.8 % surplus in the previous quarter.
• EU Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1999 to Dec 2024, with an average value of 0.8 %.
• The data reached an all-time high of 4.2 % in Sep 2017 and a record low of -1.8 % in Jun 2008.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Eurostat provides Current Account Balance in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Key information about European Union Current Account Balance: % of GDP

• In the latest reports of EU, Current Account recorded a surplus of 133.2 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 4.8 USD bn in Nov 2024.
• EU Direct Investment Abroad expanded by 7.2 USD bn in Nov 2024.
• Its Foreign Portfolio Investment increased by 239.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 4,430.4 USD bn in Mar 2023.

European Union recorded a Current Account surplus of 2.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - European Union Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for CURRENT ACCOUNT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Balance of payments BPM6: Current account Balance: Total: Total Balance as % of GDP for the European Union (EU28B6BLTT02STSAQ) from Q1 1999 to Q4 2019 about EU, current account, BOP, Europe, and GDP.

The Current account provides information about the transactions of a country with the rest of the world. It covers all transactions (other than those in financial items) in goods, services, primary income, and secondary income which occur between resident and non-resident units. It is either expressed as % of GDP or in million units of national currency. The financial flows are marked as a credit, a debit or a net balance. The current account together with the capital and the financial accounts forms the Balance of Payments (BoP). The indicator is based on the BoP data reported to Eurostat by the EU Member States. Starting from October 2014 definitions are based on the IMF's Sixth Balance of Payments Manual (BPM6).

Graph and download economic data for Balance of Payments BPM6: Current Account Balance: Total: Total Balance as % of GDP for the Euro Area (19 Countries) (EA19B6BLTT02STSAQ) from Q1 1999 to Q4 2022 about current account, BOP, Euro Area, Europe, and GDP.

Euro Area recorded a Current Account surplus of 2.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Euro Area Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Balance of payments BPM6: Current account Debits: Services: Total Debits for the European Union (EU28B6DBSE01CXCUQ) from Q1 1999 to Q4 2019 about debits, debit, EU, current account, BOP, Europe, and services.

European Union BOP: EU27E: Credit: Current Account: Secondary Income data was reported at 24.371 EUR bn in Dec 2019. This records an increase from the previous number of 24.289 EUR bn for Sep 2019. European Union BOP: EU27E: Credit: Current Account: Secondary Income data is updated quarterly, averaging 16.728 EUR bn from Mar 1999 (Median) to Dec 2019, with 84 observations. The data reached an all-time high of 27.221 EUR bn in Jun 2017 and a record low of 9.142 EUR bn in Jun 1999. European Union BOP: EU27E: Credit: Current Account: Secondary Income data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JB001: BPM6: Eurostat: Balance of Payments: Quarterly.

The product has been discontinued since: 20 Sep 2016. The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income, and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance". Data are for EU25 until 2003 and for EU27 as from 2004.

The Balance of Payments is the statistical statement that systematically summarises transactions between residents and non-residents. It consists of the goods and services account, the primary income account, the secondary income account, the capital account and the financial account (BPM6 – 2.12) The current account is an important grouping of accounts within the Balance of Payments. The current account balance shows the difference between the sum of exports and income receivable and the sum of imports and income payable (exports and imports refer to both goods and services, while income refers to both primary and secondary income). The value of current account balance equals the saving-investment gap for the economy. The balance of current account is thus related to understanding domestic transactions (BPM6 – 2.15). Data are expressed in million euros. Data are presented in raw form. Source of euro area data: European Central Bank (ECB).

European Union BOP: EU27E: swda: Current Account: Secondary Income data was reported at -15.452 EUR bn in Dec 2019. This records a decrease from the previous number of -14.115 EUR bn for Sep 2019. European Union BOP: EU27E: swda: Current Account: Secondary Income data is updated quarterly, averaging -11.107 EUR bn from Mar 1999 (Median) to Dec 2019, with 84 observations. The data reached an all-time high of -1.804 EUR bn in Mar 1999 and a record low of -18.475 EUR bn in Mar 2017. European Union BOP: EU27E: swda: Current Account: Secondary Income data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JB001: BPM6: Eurostat: Balance of Payments: Quarterly.

The product has been discontinued since: 20 Sep 2016. The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income, and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance". Data are for EU25 until 2003 and for EU27 as from 2004.

European Union - Balance of payments, current account on Primary income was -0.90 % of GDP in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Balance of payments, current account on Primary income - last updated from the EUROSTAT on October of 2025. Historically, European Union - Balance of payments, current account on Primary income reached a record high of 0.80 % of GDP in December of 2021 and a record low of -0.90 % of GDP in June of 2025.

The average for 2022 based on 26 countries was -1.14 percent. The highest value was in Denmark: 13.4 percent and the lowest value was in Greece: -10.3 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

European Union BOP: EU27E: Current and Capital Account data was reported at 95.277 EUR bn in Dec 2019. This records a decrease from the previous number of 140.252 EUR bn for Sep 2019. European Union BOP: EU27E: Current and Capital Account data is updated quarterly, averaging 12.074 EUR bn from Mar 1999 (Median) to Dec 2019, with 84 observations. The data reached an all-time high of 140.252 EUR bn in Sep 2019 and a record low of -53.324 EUR bn in Jun 2008. European Union BOP: EU27E: Current and Capital Account data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JB001: BPM6: Eurostat: Balance of Payments: Quarterly.

European Union BOP: EU27E: swda: Debit: Current Account data was reported at 939.032 EUR bn in Dec 2019. This records an increase from the previous number of 914.372 EUR bn for Sep 2019. European Union BOP: EU27E: swda: Debit: Current Account data is updated quarterly, averaging 641.207 EUR bn from Mar 1999 (Median) to Dec 2019, with 84 observations. The data reached an all-time high of 939.032 EUR bn in Dec 2019 and a record low of 286.284 EUR bn in Mar 1999. European Union BOP: EU27E: swda: Debit: Current Account data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JB001: BPM6: Eurostat: Balance of Payments: Quarterly.

European Union BOP: EU27E: swda: Current Account data was reported at 90.896 EUR bn in Dec 2019. This records a decrease from the previous number of 112.068 EUR bn for Sep 2019. European Union BOP: EU27E: swda: Current Account data is updated quarterly, averaging 12.232 EUR bn from Mar 1999 (Median) to Dec 2019, with 84 observations. The data reached an all-time high of 119.885 EUR bn in Jun 2018 and a record low of -46.071 EUR bn in Sep 2008. European Union BOP: EU27E: swda: Current Account data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JB001: BPM6: Eurostat: Balance of Payments: Quarterly.