Current account balance — all countries

Current account balance — European Union

Current account balance in the European Union in 2031 — 2.4%. Since 1980, the indicator has risen by 4.63 pp.

2031 2.4% +0.01 pp vs 2030
World rank
Period maximum 3.49%2016
Period minimum -2.22%1980

Trend over time

1980–2031 · % of GDP

Current account balance — European Union, 1980–2031-4-202419801986199219982004201020162022202820311980: -2.22%1981: -1.93%1982: -1.2%1983: -0.17%1984: 0.35%1985: 0.38%1986: 1.27%1987: 0.84%1988: 0.9%1989: 0.56%1990: -0.07%1991: -1.26%1992: -1.04%1993: 0.1%1994: 0.15%1995: 0.5%1996: 0.75%1997: 1.2%1998: 0.67%1999: 0.43%2000: -0.62%2001: -0.02%2002: 0.52%2003: 0.35%2004: 0.96%2005: 0.42%2006: 0.36%2007: -0.08%2008: -0.77%2009: 0.43%2010: 0.57%2011: 0.82%2012: 1.81%2013: 2.73%2014: 2.92%2015: 3.06%2016: 3.49%2017: 3.33%2018: 3.18%2019: 2.92%2020: 2.42%2021: 3.25%2022: 0.75%2023: 2.56%2024: 3.23%2025: 2.38%2026: 2%2027: 2.06%2028: 2.23%2029: 2.33%2030: 2.4%2031: 2.4%
Change over the period: +4.63 pp Annual average: 0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: European Union

European Union 2.4%
World computed 0.28%
Current account balance — European Union, by year European Union All countries CSV XLSX
Year % Change, pp
2031 2.4 +0.01 pp
2030 2.4 +0.06 pp
2029 2.33 +0.1 pp
2028 2.23 +0.17 pp
2027 2.06 +0.06 pp
2026 2 −0.37 pp
2025 2.38 −0.85 pp
2024 3.23 +0.67 pp
2023 2.56 +1.81 pp
2022 0.75 −2.5 pp
2021 3.25 +0.83 pp
2020 2.42 −0.5 pp
2019 2.92 −0.25 pp
2018 3.18 −0.16 pp
2017 3.33 −0.16 pp
2016 3.49 +0.43 pp
2015 3.06 +0.15 pp
2014 2.92 +0.19 pp
2013 2.73 +0.92 pp
2012 1.81 +0.99 pp
2011 0.82 +0.25 pp
2010 0.57 +0.14 pp
2009 0.43 +1.2 pp
2008 -0.77 −0.7 pp
2007 -0.08 −0.43 pp
2006 0.36 −0.07 pp
2005 0.42 −0.54 pp
2004 0.96 +0.62 pp
2003 0.35 −0.18 pp
2002 0.52 +0.55 pp
2001 -0.02 +0.59 pp
2000 -0.62 −1.04 pp
1999 0.43 −0.24 pp
1998 0.67 −0.53 pp
1997 1.2 +0.45 pp
1996 0.75 +0.26 pp
1995 0.5 +0.34 pp
1994 0.15 +0.05 pp
1993 0.1 +1.14 pp
1992 -1.04 +0.22 pp
1991 -1.26 −1.19 pp
1990 -0.07 −0.63 pp
1989 0.56 −0.34 pp
1988 0.9 +0.06 pp
1987 0.84 −0.43 pp
1986 1.27 +0.9 pp
1985 0.38 +0.02 pp
1984 0.35 +0.52 pp
1983 -0.17 +1.03 pp
1982 -1.2 +0.73 pp
1981 -1.93 +0.29 pp
1980 -2.22

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.