Eurozone current account to gdp

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Eurozone current account to gdp: 1.7 (INF%)
Last Update: December 31, 2023

Eurozone current account to gdp closed down 1.7 as of December 31, 2023 from 0 from the previous month and -0.4 from last year.


Eurozone current account to gdp Analytics & Data




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Eurozone current account to gdp

Date Values
2023-12-31 1.7
2022-12-31 0
2021-12-31 2.8
2020-12-31 1.9
2019-12-31 2.7
2018-12-31 3.1
2017-12-31 3.1
2016-12-31 3.3
2015-12-31 2.8
2014-12-31 2.4
2013-12-31 2.1
2012-12-31 1
2011-12-31 -0.4
2010-12-31 -0.3
2009-12-31 -0.3
2008-12-31 -1.8
2007-12-31 0
2006-12-31 -0.2
2005-12-31 0.1
2004-12-31 0.7
2003-12-31 0.2
2002-12-31 0.6
2001-12-31 -0.4
2000-12-31 -1.5

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Eurozone current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp ea.currentaccountgdp 1.7 0 0 -525 Down UP 0 2023-12-31

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Eurozone current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Eurozone current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Eurozone current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Eurozone current account to gdp

The Eurozone current account to GDP ratio is a measure that represents the balance of trade for countries within the Eurozone as a percentage of their total economic output. A positive current account to GDP ratio indicates that a country is exporting more goods and services than it is importing, leading to a surplus in its balance of trade. This can be beneficial for a country's economy as it can lead to increased economic growth and job creation. On the other hand, a negative current account to GDP ratio signifies that a country is importing more than it is exporting, which can result in a trade deficit and potentially lead to economic instability. Overall, the Eurozone current account to GDP ratio is an important indicator of a country's economic health and its ability to compete in the global marketplace.

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