Germany current account to gdp

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Germany current account to gdp: 6.3 (50%)
Last Update: December 31, 2024

Germany current account to gdp closed down 6.3 as of December 31, 2024 from 4.2 from the previous month and 7.1 from last year.


Germany current account to gdp Analytics & Data




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Germany current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Germany current account to gdp

Date Values
2024-12-31 6.3
2023-12-31 4.2
2022-12-31 4.2
2021-12-31 7.7
2020-12-31 7.1
2019-12-31 7.1
2018-12-31 7.4
2017-12-31 8.3
2016-12-31 8.6
2015-12-31 8.6
2014-12-31 7.2
2013-12-31 6.5
2012-12-31 7.1
2011-12-31 6.2
2010-12-31 5.7
2009-12-31 5.8
2008-12-31 5.7
2007-12-31 6.8
2006-12-31 5.8
2005-12-31 4.6
2004-12-31 4.5
2003-12-31 1.4
2002-12-31 1.9
2001-12-31 -0.4

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Germany current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp de.currentaccountgdp 6.3 4.2 50 -11 Down Down 0 2024-12-31

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Germany current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Germany 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 Germany current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Germany current account to gdp

Germany's current account to GDP ratio is a key indicator of the country's economic health and its position in the global economy. A current account surplus, as Germany typically has, means that the country is exporting more goods and services than it is importing. This is often seen as a sign of economic strength, as it indicates that Germany is competitive in international markets and has a strong industrial base. A high current account surplus can also lead to criticism from other countries, who may argue that Germany's export-driven economy is contributing to global imbalances. Overall, the current account to GDP ratio is an important measure of Germany's economic performance and its role in the international trade landscape.