European Union Current Account Balance
1999 - 2024 | Quarterly | USD mn | CEIC Data
Key information about EU Current Account Balance
- European Union Current Account recorded a surplus of 135.8 USD bn in Jun 2024, compared with a surplus of 122.9 USD bn in the previous quarter.
- EU Current Account Balance: USD mn data is updated quarterly, available from Mar 1999 to Jun 2024, with an averaged value of 28.3 USD bn.
- The data reached an all-time high of 161.2 USD bn in Sep 2017 and a record low of -77.5 USD bn in Jun 2008.
- CEIC converts quarterly Current Account Balance into USD. Eurostat provides Current Account Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.
- Foreign Direct Investment (FDI) fell by 1.1 USD bn in Jul 2024.
- EU Direct Investment Abroad expanded by 21.2 USD bn in Jul 2024.
- Its Foreign Portfolio Investment increased by 243.9 USD bn in Jun 2024.
- The country's Nominal GDP was reported at 4,430.4 USD bn in Mar 2023.
View European Union's Current Account Balance from Mar 1999 to Jun 2024 in the chart:
What was European Union's Current Account Balance in Jun 2024?
European Union Current Account recorded a surplus of 135.8 USD bn in Jun 2024, compared with a surplus of 122.9 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 135,819.1 Jun 2024 | 122,912.3 Mar 2024 | -77,515.4 Jun 2008 | 161,217.8 Sep 2017 | USD mn | quarterly | Mar 1999 - Jun 2024 |
Current Account Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 3,490.2 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Armenia (USD mn) | -168.6 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Australia (USD mn) | -7,068.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 895.5 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Bahrain (USD mn) | 671.7 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| Bangladesh (USD mn) | -188.8 Jul 2024 | monthly | Jul 1997 - Jul 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | 39.0 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Bosnia and Herzegovina (USD mn) | -271.0 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -6,525.5 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -574.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -1,816.9 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| China (USD mn) | 54,525.3 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Colombia (USD mn) | -1,630.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 2,407.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Egypt (USD mn) | -3,711.1 Jun 2024 | quarterly | Dec 1993 - Jun 2024 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 135,819.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -706.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 20,552.3 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
| Ghana (USD mn) | 998.5 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Greece (USD mn) | 717.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Hong Kong SAR, China (USD mn) | 12,924.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hungary (USD mn) | 2,080.3 Jun 2024 | quarterly | Dec 1989 - Jun 2024 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,739.2 Jun 2024 | quarterly | Jun 1949 - Jun 2024 |
| Indonesia (USD mn) | -2,150.2 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 4,962.6 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,378.2 2023 | yearly | 1975 - 2023 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -662.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
| Kenya (USD mn) | -266.0 Jun 2024 | monthly | Jan 2002 - Jun 2024 |
| South Korea (USD mn) | 8,186.7 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Kosovo (USD mn) | -400.8 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Kuwait (USD mn) | 11,086.1 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -227.4 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Lithuania (USD mn) | 310.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Luxembourg (USD mn) | 2,694.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (USD mn) | 16,954.8 2023 | yearly | 2002 - 2023 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 635.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Malta (USD mn) | 437.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -697.9 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Mongolia (USD mn) | -524.3 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -1,332.0 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Mozambique (USD mn) | -603.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Myanmar (USD mn) | 295.8 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Nepal (USD mn) | 313.5 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 2,637.2 2023 | yearly | 1974 - 2023 |
| Pakistan (USD mn) | -62.0 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Palestinian Territory (USD mn) | -801.1 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (USD mn) | 434.7 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Paraguay (USD mn) | 37.7 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Peru (USD mn) | 1,684.6 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Philippines (USD mn) | -368.4 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Poland (USD mn) | -3,111.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Portugal (USD mn) | -33.0 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Qatar (USD mn) | 11,023.4 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Romania (USD mn) | -3,110.9 Aug 2024 | monthly | Jun 2002 - Aug 2024 |
| Russia (USD mn) | 7,000.0 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| Saudi Arabia (USD mn) | 4,324.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Serbia (USD mn) | -605.3 Aug 2024 | monthly | Jan 2013 - Aug 2024 |
| Singapore (USD mn) | 25,549.4 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (USD mn) | -277.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 6,198.7 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
| Sri Lanka (USD mn) | 414.9 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 14,404.3 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.7 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M1 (USD mn) | 11,588,686.867 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 17,168,912.561 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| M2 Growth (%) | 2.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 301,563.6 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.897 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Total Deposits (USD mn) | 17,215,828.306 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Deposits Growth (%) | 3.3 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Domestic Credit (USD mn) | 25,617,671.6 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
| Domestic Credit Growth (%) | -1.4 Jul 2024 | monthly | Sep 1998 - Jul 2024 |
| Household Debt (USD mn) | 7,427,828.1 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans (USD mn) | 20,675,699.935 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans Growth (%) | 2.44 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 79.27 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,528.810 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,402.898 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,548.705 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,405.036 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,402.350 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,398.104 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 270.607 Sep 2024 | monthly | Nov 1999 - Sep 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,282.794 Jul 2024 | monthly | Nov 1999 - Jul 2024 |
| MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -4.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -20.400 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
| Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
| Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
| Eurocoin Leading Indicator (Number) | 0.140 Sep 2024 | monthly | Dec 2019 - Sep 2024 |
More Indicators for European Union
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