European Union Current Account Balance (% GDP) Statistics

05, Dec 2019, EST.

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Country or Region: European Union › Change country
Economic Indicator: Current Account Balance (% GDP) › See all European Union indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 (% GDP) Statistics for European Union , Year 2015 - In Detail

Current Account Balance (% GDP) for European Union in year 2015 is 2.357 %. 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.

This makes European Union n/a in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; European Union is 6.48 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for European Union was 1.72 % Current Account Balance (% GDP) for European Union in 2015 was or will be 36.96% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for European Union was or will be 2.51 %, which is 6.36% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for European Union, in other Years
Year %
  2021 1.734
  2020 1.865
  2019 1.999
  2018 2.145
  2017 2.312
  2016 2.507
2015 2.357
  2014 1.721
  2013 1.75
  2012 1.252
  2011 0.46
  2010 0.013
  2009 -0.11
  2008 -1.265
  2007 -0.403
  2006 -0.095
  2005 0.162
  2004 0.553
  2003 0.143
  2002 0.213
  2001 -0.157
  2000 -0.689
  1999 0.011
  1998 0.597
  1997 1.072
  1996 0.542
  1995 0.312
  1994 0.08
  1993 -0.083
  1992 -1.146
  1991 -1.297
  1990 -0.603
  1989 -0.287
  1988 0.116
  1987 0.441
  1986 0.919
  1985 0.214
  1984 0.167
  1983 -0.194
  1982 -0.998
  1981 -1.444
  1980 -1.896