Current account

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Current account

 16171818Q318Q419Q119Q217Q4^18Q318Q1^18Q418Q2^19Q118Q3^19Q2Updated
Belgium 
  In billion euro-2.63.2-5.9-1.6-3.80.9---0.5-1.5-1.4--08/19
  In percent of GDP-0.60.7-1.3-1.5-3.20.8---0.5-1.3-1.2--08/19
In percent of GDP 
  Germany8.58.17.35.77.77.97.17.67.37.27.108/19
  France-0.5-0.7-0.6-0.41.0-2.7-0.5-0.7-0.7-0.5-0.609/19
  Netherlands8.110.810.910.514.19.2--10.310.910.5--06/19
  Euro area3.13.22.93.03.62.2--3.12.92.8--08/19
(^) 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

  Laatste update

06/09/2019
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