Current account balance — all countries

Current account balance — Western Europe

Current account balance in Western Europe in 2031 — 3.4%. Since 1980, the indicator has risen by 4.83 pp.

2031 3.4% −0.06 pp vs 2030
World rank
Period maximum 5.08%2016
Period minimum -1.44%1980

Trend over time

1980–2031 · % of GDP

Current account balance — Western Europe, 1980–2031-2024619801986199219982004201020162022202820311980: -1.44%1981: -0.6%1982: 0.06%1983: 0.33%1984: 1.28%1985: 1.69%1986: 2.24%1987: 1.81%1988: 2.22%1989: 2.47%1990: 1.56%1991: -0.14%1992: 0.18%1993: 0.75%1994: 0.48%1995: 0.61%1996: 1.04%1997: 2.06%1998: 1.66%1999: 1.84%2000: 0.78%2001: 1.25%2002: 2.28%2003: 2.37%2004: 3.86%2005: 3.59%2006: 4.38%2007: 4.1%2008: 2.77%2009: 3.16%2010: 4.01%2011: 3.52%2012: 3.86%2013: 4.28%2014: 4.31%2015: 4.69%2016: 5.08%2017: 4.64%2018: 4.74%2019: 4.68%2020: 2.94%2021: 4.85%2022: 2.56%2023: 3.63%2024: 4.25%2025: 3.25%2026: 3.04%2027: 3.08%2028: 3.3%2029: 3.36%2030: 3.45%2031: 3.4%
Change over the period: +4.83 pp Annual average: 0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Western Europe

Western Europe 3.4%
World computed 0.28%
Current account balance — Western Europe, by year Western Europe All countries CSV XLSX
Year % Change, pp
2031 3.4 −0.06 pp
2030 3.45 +0.09 pp
2029 3.36 +0.06 pp
2028 3.3 +0.22 pp
2027 3.08 +0.04 pp
2026 3.04 −0.21 pp
2025 3.25 −1.01 pp
2024 4.25 +0.62 pp
2023 3.63 +1.08 pp
2022 2.56 −2.29 pp
2021 4.85 +1.9 pp
2020 2.94 −1.73 pp
2019 4.68 −0.06 pp
2018 4.74 +0.1 pp
2017 4.64 −0.44 pp
2016 5.08 +0.39 pp
2015 4.69 +0.38 pp
2014 4.31 +0.03 pp
2013 4.28 +0.42 pp
2012 3.86 +0.34 pp
2011 3.52 −0.48 pp
2010 4.01 +0.85 pp
2009 3.16 +0.38 pp
2008 2.77 −1.33 pp
2007 4.1 −0.28 pp
2006 4.38 +0.8 pp
2005 3.59 −0.28 pp
2004 3.86 +1.5 pp
2003 2.37 +0.08 pp
2002 2.28 +1.03 pp
2001 1.25 +0.47 pp
2000 0.78 −1.06 pp
1999 1.84 +0.18 pp
1998 1.66 −0.4 pp
1997 2.06 +1.02 pp
1996 1.04 +0.43 pp
1995 0.61 +0.13 pp
1994 0.48 −0.26 pp
1993 0.75 +0.57 pp
1992 0.18 +0.32 pp
1991 -0.14 −1.7 pp
1990 1.56 −0.91 pp
1989 2.47 +0.25 pp
1988 2.22 +0.41 pp
1987 1.81 −0.43 pp
1986 2.24 +0.55 pp
1985 1.69 +0.42 pp
1984 1.28 +0.95 pp
1983 0.33 +0.27 pp
1982 0.06 +0.66 pp
1981 -0.6 +0.84 pp
1980 -1.44

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.