World Data Atlas Topics Economy

The current account balance in Europe

Europe (billions of U.S. dollars in 2023)

Germany is the top country by current account balance among 40 countries. As of 2023, current account balance in Germany was 332.36 billions of U.S. dollars that accounts for 56.68% of total current account balance. The top 5 countries (others are Netherlands, Italy, Switzerland, and Russian Federation) account for 106.98% of it. The total current account balance was estimated at 586.33 billions of U.S. dollars in 2023.

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Germany 332.36 IMF + 1 other
Netherlands 98.05 IMF + 1 other
Italy 75.49 IMF + 1 other
Switzerland 65.46 IMF + 1 other
Russian Federation 55.91 IMF + 1 other
Ireland 36.17 IMF + 1 other
Denmark 33.14 IMF + 1 other
Spain 29.65 IMF + 1 other
Sweden 28.41 IMF + 1 other
Norway 21.08 IMF + 1 other
Austria 13.07 IMF + 1 other
Poland 5.48 IMF + 1 other
Luxembourg 4.62 IMF + 1 other
Slovenia 4.01 IMF + 1 other
Finland 4.01 IMF + 1 other
Lithuania 2.34 IMF + 1 other
Portugal 1.33 IMF + 1 other
Czech Republic 0.84 IMF + 1 other
Bulgaria 0.56 IMF + 1 other
Iceland 0.44 IMF + 1 other
Malta 0.3 IMF + 1 other
San Marino 0.02 IMF
Estonia -0.21 IMF + 1 other
Latvia -0.39 IMF + 1 other
North Macedonia -0.4 IMF + 1 other
Hungary -0.48 IMF + 1 other
Croatia -0.69 IMF + 1 other
Montenegro -0.71 IMF + 1 other
Bosnia and Herzegovina -0.97 IMF + 1 other
Republic of Moldova -1.04 IMF + 1 other
Belarus -1.19 IMF + 1 other
Albania -1.58 IMF + 1 other
Slovakia -3.7 IMF + 1 other
Serbia -3.77 IMF + 1 other
Ukraine -7.56 IMF + 1 other
Greece -8.08 IMF + 1 other
Belgium -8.96 IMF + 1 other
Romania -15.5 IMF + 1 other
France -38.52 IMF + 1 other
United Kingdom -132.67 IMF + 1 other
Andorra 14.06 % in 2021 WB
Balance of Payments