Indicators : Current account

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Current account

	21	22	23	23Q1	23Q2	23Q3	23Q4	22Q2^23Q1	22Q3^23Q2	22Q4^23Q3	23Q1^23Q4	Updated
Belgium
In billion euro	6.6	-5.6	--	0.1	-2.3	-1.9	--	-2.2	-2.5	-0.7	--	01/24
In percent of GDP	1.3	-1.0	--	0.1	-1.6	-1.4	--	-1.7	-1.8	-0.5	--	01/24
In percent of GDP
Germany	7.7	4.4	6.8	6.9	5.8	6.7	7.7	4.5	5.2	6.3	6.8	02/24
France	0.4	-2.0	-1.2	-1.7	-1.4	-1.3	-0.5	-1.9	-1.8	-1.4	-1.2	02/24
Netherlands	12.1	9.3	--	10.9	8.9	12.7	--	9.0	9.6	10.1	--	01/24
Euro area	2.8	-0.5	--	0.9	1.1	2.7	--	-0.4	0.2	1.2	--	01/24
(^) Period average

Description: The balance of payments is the statistical statement that systematically summarises, for a specific time period, the economic transactions of an economy with the rest of the world. The balance of payments is broken down into three broad sub-balances: the current account, the capital account, and the financial account. The current account is the major driver of net lending/net borrowing of an economy; it provides important information about the economic relations of a country with the rest of the world. It covers all transactions (other than those in financial items) that involve economic values and occur between resident and non-resident units. The indicator is based on the IMF's sixth Balance of Payments and International Investment Position Manual (BPM6). Because current account data exhibit a strong seasonal pattern, quarterly data are shown as four-quarter moving averages.

Unit: current prices, not seasonally adjusted

Source: National Bank of Belgium (NBB) and National Accounts Institute (INR/ICN) (Belgium), Eurostat (Germany, France, Netherlands) European Central Bank (ECB, euro area

Last update

28/02/2024