Euro Area recorded a Current Account deficit of 1 percent of the country's Gross Domestic Product in 2022. source: EUROSTAT
Current Account to GDP in Euro Area averaged 0.76 percent of GDP from 1999 until 2022, reaching an all time high of 3.10 percent of GDP in 2017 and a record low of -1.80 percent of GDP in 2008. This page provides - Euro Area Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Current Account to GDP - values, historical data and charts - was last updated on August of 2023.
Current Account to GDP in Euro Area is expected to reach 0.50 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Current Account to GDP is projected to trend around 1.00 percent of GDP in 2024 and 1.20 percent of GDP in 2025, according to our econometric models.