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European Union Current Account Balance (US Dollars) Statistics

27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: European Union › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all European Union indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (US Dollars) Statistics for European Union , Year 2010 - In Detail

Current Account Balance (US Dollars) for European Union in year 2010 is US$ -22.308 Billion

This makes European Union n/a in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; European Union is US$ 29.07 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for European Union was US$ -39.59 Billion Current Account Balance (US Dollars) for European Union in 2010 was or will be 43.66% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for European Union was or will be US$-37.09 Billion, which is 66.26% more than the 2010 figure.

* Source: IMF
Current Account Balance (US Dollars) for European Union, in other Years
Year US$ Billion
  2016 -13.061
  2015 -11.789
  2014 -12.321
  2013 -16.422
  2012 -26.28
  2011 -37.089
2010 -22.308
  2009 -39.592
  2008 -167.447
  2007 -83.15
  2006 -47.977
  2005 -13.798
  2004 61.686
  2003 12.055
  2002 14.757
  2001 -27.608
  2000 -86.261
  1999 -13.058
  1998 38.775
  1997 87.396
  1996 60.057
  1995 30.78
  1994 7.831
  1993 -5.292
  1992 -96.235
  1991 -101.203
  1990 -48.964
  1989 -18.346
  1988 -1.832
  1987 18.969
  1986 34.788
  1985 6.903
  1984 9.063
  1983 -2.933
  1982 -27.463
  1981 -44.383
  1980 -71.462