Federal Planning Bureau
Current account
Current account
| 16 | 17 | 18 | 18Q4 | 19Q1 | 19Q2 | 19Q3 | 18Q1^18Q4 | 18Q2^19Q1 | 18Q3^19Q2 | 18Q4^19Q3 | Updated | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Belgium | |||||||||||||||
| In billion euro | 2.4 | 5.5 | -4.6 | -2.9 | 0.4 | -1.9 | -- | -1.1 | -1.2 | -1.5 | -- | 10/19 | |||
| In percent of GDP | 0.6 | 1.2 | -1.0 | -2.4 | 0.4 | -1.6 | -- | -1.0 | -1.0 | -1.3 | -- | 10/19 | |||
| In percent of GDP | |||||||||||||||
| Germany | 8.5 | 8.1 | 7.3 | 7.7 | 7.9 | 7.1 | -- | 7.3 | 7.2 | 7.1 | -- | 10/19 | |||
| France | -0.5 | -0.7 | -0.6 | 1.0 | -2.8 | -0.6 | -- | -0.7 | -0.5 | -0.7 | -- | 10/19 | |||
| Netherlands | 8.1 | 10.8 | 10.9 | 14.1 | 9.9 | 6.6 | -- | 10.9 | 10.7 | 10.3 | -- | 10/19 | |||
| Euro area | 3.3 | 3.1 | 3.1 | 3.7 | 2.4 | 1.4 | -- | 3.1 | 3.0 | 2.7 | -- | 10/19 | |||
| (^) 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
