Germany Current Account To GDPGermany Current Account To GDPGermany Current Account To GDP

Germany Current Account To GDP

No trades
See on Supercharts

Key data points

Last release
Next release
Time to release
Forecast
Observation period
2023
Highest
8.60%Dec 31, 2015
Lowest
−1.80%Dec 31, 2000

About Germany Current Account To GDP

Category
Trade
Source
Frequency
Annual
Units
%
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.