In 2017, current account balance as a share of GDP for Germany was 7.9 %. Current account balance as a share of GDP of Germany increased from -0.7 % in 1998 to 7.9 % in 2017 growing at an average annual rate of 16.74 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.