Germany Current Account Balance: % of GDP
Germany Current Account surplus accounted for 7.8 % of the country's Nominal GDP in Sep 2020, compared with a 4.8 % surplus in the previous quarter. Germany Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1991 to Sep 2020, with an average value of 4.8 %. The data reached an all-time high of 9.1 % in Sep 2015 and a record low of -2.5 % in Sep 2000. CEIC calculates Current Account Balance as % of Nominal GDP from monthly Current Account Balance and quarterly Nominal GDP. Deutsche Bundesbank provides Current Account Balance in EUR. Federal Statistics Office Germany provides Nominal GDP in EUR.
In the latest reports of Germany, Current Account recorded a surplus of 26.0 USD bn in Sep 2020. Foreign Direct Investment (FDI) fell by 1.4 USD bn in Sep 2020. Germany Direct Investment Abroad fell by 8.1 USD bn in Sep 2020. Its Foreign Portfolio Investment increased by 160.8 USD bn in Sep 2020. The country's Nominal GDP was reported at 981.7 USD bn in Sep 2020.
View Germany's Current Account Balance: % of GDP from Mar 1991 to Sep 2020 in the chart:
What was Germany's Current Account Balance: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 7.8 Sep 2020 | 4.8 Jun 2020 | -2.5 Sep 2000 | 9.1 Sep 2015 | % | quarterly | Mar 1991 - Sep 2020 |
Current Account Balance: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -5.8 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Algeria (%) | -9.6 Jun 2019 | quarterly | Mar 2007 - Jun 2019 |
| Argentina (%) | 1.3 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Armenia (%) | -1.9 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Australia (%) | 2.1 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (%) | 3.5 Sep 2020 | quarterly | Mar 1970 - Sep 2020 |
| Azerbaijan (%) | 6.1 Mar 2020 | quarterly | Mar 2013 - Mar 2020 |
| Bahrain (%) | 3.3 2014 | yearly | 1997 - 2014 |
| Bangladesh (%) | -1.6 2020 | yearly | 1998 - 2020 |
| Belarus (%) | 3.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Sep 2020 | quarterly | Dec 1991 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -52,265.638 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Tax Revenue (USD mn) | 211,216.400 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 21.4 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| National Government Debt (USD mn) | 2,749,308.4 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Government Debt: % of GDP (%) | 67.5 Jun 2020 | quarterly | Mar 2000 - Jun 2020 |
| Forecast: Government Expenditure (EUR bn) | 1,839.709 2025 | yearly | 1991 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 2,398.769 2025 | yearly | 1991 - 2025 |
| Forecast: Government Revenue (EUR bn) | 1,881.848 2025 | yearly | 1991 - 2025 |
| General Govt Debt: Foreign Creditors (EUR bn) | 1,107.065 Sep 2020 | quarterly | Dec 1998 - Sep 2020 |
| General Government Debt: as % of GDP (%) | 70.000 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
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