Current Account Balance in Germany

Ministerio de Finanzas · Monthly · Importance 46

19,033.9 (Jun-26) ABS · billion euros · Mensual · CSV

Period	billion euros
Jun 2026	19,033.9
May 2026	8,964.5
Apr 2026	16,566.8
Mar 2026	24,467.8
Feb 2026	20,340.7
Jan 2026	16,971.0
Dec 2025	15,829.6
Nov 2025	17,167.1
Oct 2025	17,143.6
Sep 2025	16,711.9
Aug 2025	11,029.4
Jul 2025	17,097.5
Jun 2025	17,161.7
May 2025	5,923.6
Apr 2025	18,745.7
Mar 2025	27,448.7
Feb 2025	21,251.8
Jan 2025	16,620.3
Dec 2024	16,973.3
Nov 2024	22,680.6
Oct 2024	16,010.8
Sep 2024	21,285.6
Aug 2024	14,777.1
Jul 2024	19,681.7
Jun 2024	19,960.7
May 2024	15,708.2
Apr 2024	26,009.6
Mar 2024	29,156.8
Feb 2024	25,846.0
Jan 2024	27,024.9
Dec 2023	24,505.5
Nov 2023	29,524.9
Oct 2023	17,841.0
Sep 2023	23,301.0
Aug 2023	18,935.9
Jul 2023	15,941.1
Jun 2023	19,269.9
May 2023	3,128.9
Apr 2023	16,625.5
Mar 2023	27,459.4
Feb 2023	20,279.1
Jan 2023	15,629.1
Dec 2022	20,839.2
Nov 2022	18,740.9
Oct 2022	8,670.2
Sep 2022	13,127.6
Aug 2022	5,497.1
Jul 2022	8,537.9
Jun 2022	12,772.1
May 2022	3,066.3
Apr 2022	10,499.3
Mar 2022	20,585.5
Feb 2022	23,133.3
Jan 2022	17,071.2
Dec 2021	20,474.9
Nov 2021	21,791.6
Oct 2021	18,102.2
Sep 2021	22,201.5
Aug 2021	15,975.2
Jul 2021	19,283.0

Period	billion euros
Jun 2026	1,872.2
May 2026	3,040.9
Apr 2026	-2,179.0
Mar 2026	-2,980.9
Feb 2026	-911.1
Jan 2026	350.7
Dec 2025	-1,143.6
Nov 2025	-5,513.6
Oct 2025	1,132.9
Sep 2025	-4,573.7
Aug 2025	-3,747.6
Jul 2025	-2,584.3
Jun 2025	-2,799.0
May 2025	-9,784.6
Apr 2025	-7,263.9
Mar 2025	-1,708.1
Feb 2025	-4,594.1
Jan 2025	-10,404.6
Dec 2024	-7,532.2
Nov 2024	-6,844.3
Oct 2024	-1,830.3
Sep 2024	-2,015.4
Aug 2024	-4,158.8
Jul 2024	3,740.6
Jun 2024	690.8
May 2024	12,579.3
Apr 2024	9,384.1
Mar 2024	1,697.4
Feb 2024	5,566.9
Jan 2024	11,395.8
Dec 2023	3,666.2
Nov 2023	10,784.1
Oct 2023	9,170.9
Sep 2023	10,173.4
Aug 2023	13,438.8
Jul 2023	7,403.2
Jun 2023	6,497.8
May 2023	62.5
Apr 2023	6,126.2
Mar 2023	6,874.0
Feb 2023	-2,854.3
Jan 2023	-1,442.1
Dec 2022	364.3
Nov 2022	-3,050.7
Oct 2022	-9,432.0
Sep 2022	-9,074.0
Aug 2022	-10,478.1
Jul 2022	-10,745.0
Jun 2022	-9,954.9
May 2022	-14,799.4
Apr 2022	-12,634.3
Mar 2022	-12,236.8
Feb 2022	2,093.7
Jan 2022	-1,918.7
Dec 2021	-2,169.1
Nov 2021	534.0
Oct 2021	-6,002.1
Sep 2021	47.0
Aug 2021	1,203.2
Jul 2021	577.4

About this indicator

Source	Deutsche Bundesbank
Frequency	Monthly
Release	. (13:45 GMT)
What it is	Germany's current account balance records the country's transactions with the rest of the world in goods, services, primary income (labour and capital) and secondary income (current transfers). It is published monthly by the Deutsche Bundesbank.
How it's calculated	It is the sum of the goods, services, primary income and secondary income balances. A positive figure means a current account surplus and a negative one a deficit; the balance equals Germany's net lending to or borrowing from the rest of the world. It is reported in billions of euros.
Market implications	Germany runs a structural surplus on the back of its powerful export sector, so markets watch the size of that surplus as a gauge of external competitiveness. A sustained deterioration can signal weaker global demand or lost competitiveness, with implications for the euro and ECB policy.
Limitations	The figures are released with a lag of almost two months and are subject to revision as fuller data comes in. The headline balance does not reveal which sub-account is driving the move, nor does it separate trade flows from investment income.