Current account balance, quarterly (Eurostat)

The balance of the current account with the rest of the world (trade in goods and services plus primary and secondary income) in each quarter, as a percentage of GDP, not seasonally adjusted.

Unit: % of GDP Frequency: Quarterly Coverage: 39 countries Q1 1991 to Q2 2026 Source: Eurostat
Highest in Q2 2026 19.1% Norway Lowest in Q2 2026 -22.6% Montenegro
Countries ranked for Q2 2026 35 Updated by the source on 29 October 2026

35 countries have a value for Q2 2026, the latest period in the data.

Trend over time

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4 selected
Germany × France × Spain × Portugal ×

% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Current account balance, quarterly (Eurostat) (% of GDP), Q1 2017 to Q2 2026
Period GermanyFranceSpainPortugal
Q2 2026 3.9% -0.9% 2.0% -0.9%
Q1 2026 5.5% -2.2% 2.3% -1.4%
Q4 2025 4.3% 2.9% 2.6% -0.1%
Q3 2025 3.8% -0.5% 4.0% 4.0%
Q2 2025 3.7% -1.6% 3.8% 0.4%
Q1 2025 5.8% -2.5% 2.6% 0.3%
Q4 2024 4.9% 2.6% 2.7% -0.3%
Q3 2024 5.1% -0.4% 3.7% 5.1%
Q2 2024 5.7% -1.5% 3.4% 1.9%
Q1 2024 7.6% -2.1% 3.6% 3.4%
Q4 2023 6.5% 2.6% 2.3% -1.6%
Q3 2023 5.5% -1.6% 3.1% 3.8%
Q2 2023 3.8% -1.5% 2.6% -0.1%
Q1 2023 6.0% -3.5% 3.0% 0.2%
Q4 2022 4.6% 0.4% 1.5% -1.9%
Q3 2022 2.7% -2.7% 0.8% 1.3%
Q2 2022 2.7% -1.3% 0.5% -4.3%
Q1 2022 6.2% -2.2% -1.3% -3.4%
Q4 2021 6.2% 2.6% 1.0% -0.8%
Q3 2021 6.1% 0.4% 1.4% 1.3%
Q2 2021 7.1% -0.9% 0.6% -3.1%
Q1 2021 8.1% -1.2% -0.1% -0.1%
Q4 2020 7.5% 0.7% 2.4% 0.8%
Q3 2020 6.3% -2.5% 0.5% 1.2%
Q2 2020 4.2% -4.3% 0.4% -3.6%
Q1 2020 6.8% -2.5% -0.3% -1.5%
Q4 2019 8.1% 2.5% 2.4% 0.7%
Q3 2019 7.4% 0.6% 2.7% 4.5%
Q2 2019 7.3% -0.3% 3.5% -1.3%
Q1 2019 8.6% -0.5% -0.2% -0.9%
Q4 2018 8.3% 1.1% 1.7% -0.1%
Q3 2018 7.1% 0.2% 2.5% 4.7%
Q2 2018 8.7% -1.9% 3.0% -1.3%
Q1 2018 9.5% -2.3% 0.2% -0.5%
Q4 2017 9.0% 1.0% 2.7% 1.5%
Q3 2017 7.9% 1.0% 3.8% 5.8%
Q2 2017 6.5% -0.9% 4.0% -1.7%
Q1 2017 8.7% -3.3% 0.6% 0.4%

A dash means no value was published for that period.

In short

  • Among the 35 countries with a value for Q2 2026, the highest is Norway (19.1%) and the lowest Montenegro (-22.6%).
  • Half of the countries are above -1.4% and half below.
  • From Q1 2026 to Q2 2026 the value rose in 16 countries and fell in 18.

About this measure

Definition
The balance of the current account with the rest of the world (trade in goods and services plus primary and secondary income) in each quarter, as a percentage of GDP, not seasonally adjusted.
Population covered
Whole economy
Unit
% of GDP
Frequency
Quarterly
Changes are shown as
Percentage points (the difference between two rates)

Before comparing

  • Not seasonally adjusted, so compare the same quarter across years.

Source and dates

Original producer
Eurostat
Source
Eurostat, the statistical office of the European Union
Dataset or series code
bop_gdp6_q · dataset details · view at source
Selection
freq=Q bop_item=CA stk_flow=BAL partner=WRL_REST unit=PC_GDP s_adj=NSA
Observation period
Q1 1991 to Q2 2026
Provider update
29 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
Eurostat reuse policy (attribution)
Attribution
Source: Eurostat

All countries in Q2 2026 Every value is for Q2 2026, so the countries are compared at the same point in time.

  1. 1 Norway 19.1%
  2. 2 Ireland 13.0%
  3. 3 Denmark 12.2%
  4. 4 Switzerland 10.4%
  5. 5 Sweden 7.1%
  6. 6 Netherlands 5.4%
  7. 7 Germany 3.9%
  8. 8 Slovenia 3.9%
  9. 9 Malta 3.5%
  10. 10 Spain 2.0%
  11. 11 Finland 1.8%
  12. 12 Belgium 1.0%
  13. 13 Austria 0.2%
  14. 14 Italy -0.1%
  15. 15 Hungary -0.5%
  16. 16 France -0.9%
  17. 17 Portugal -0.9%
  18. 18 Albania -1.4%
  19. 19 Luxembourg -1.8%
  20. 20 Slovakia -2.2%
  21. 21 Estonia -2.6%
  22. 22 Poland -2.7%
  23. 23 Czechia -3.0%
  24. 24 Lithuania -4.7%
  25. 25 Bosnia and Herzegovina -5.2%
  26. 26 Serbia -5.5%
  27. 27 Greece -5.8%
  28. 28 North Macedonia -6.6%
  29. 29 Croatia -7.4%
  30. 30 Latvia -7.5%
  31. 31 Romania -8.0%
  32. 32 Bulgaria -8.2%
  33. 33 Iceland -9.3%
  34. 34 Cyprus -12.7%
  35. 35 Montenegro -22.6%

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Map

Grey: no value for Q2 2026. Colour groups split countries into roughly equal numbers. Boundaries: Natural Earth.