Current account balance, quarterly by country, Q2 2026

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.

35 places ranked for Q2 2026. Highest: Norway (19.1%). Lowest: Montenegro (-22.6%). The median is -1.4%.

Unit: % of GDP Source: Eurostat Trend, map and download

Highest 10

  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%

Lowest 10

  1. 35. Montenegro -22.6%
  2. 34. Cyprus -12.7%
  3. 33. Iceland -9.3%
  4. 32. Bulgaria -8.2%
  5. 31. Romania -8.0%
  6. 30. Latvia -7.5%
  7. 29. Croatia -7.4%
  8. 28. North Macedonia -6.6%
  9. 27. Greece -5.8%
  10. 26. Serbia -5.5%

Source: Eurostat.

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.

Full ranking

Current account balance, quarterly by country, Q2 2026
#CountryValuePeriodRelative size
1 Norway 19.1% Q2 2026
2 Ireland 13.0% Q2 2026
3 Denmark 12.2% Q2 2026
4 Switzerland 10.4% Q2 2026
5 Sweden 7.1% Q2 2026
6 Netherlands 5.4% Q2 2026
7 Germany 3.9% Q2 2026
8 Slovenia 3.9% Q2 2026
9 Malta 3.5% Q2 2026
10 Spain 2.0% Q2 2026
11 Finland 1.8% Q2 2026
12 Belgium 1.0% Q2 2026
13 Austria 0.2% Q2 2026
14 Italy -0.1% Q2 2026
15 Hungary -0.5% Q2 2026
16 France -0.9% Q2 2026
17 Portugal -0.9% Q2 2026
18 Albania -1.4% Q2 2026
19 Luxembourg -1.8% Q2 2026
20 Slovakia -2.2% Q2 2026
21 Estonia -2.6% Q2 2026
22 Poland -2.7% Q2 2026
23 Czechia -3.0% Q2 2026
24 Lithuania -4.7% Q2 2026
25 Bosnia and Herzegovina -5.2% Q2 2026
26 Serbia -5.5% Q2 2026
27 Greece -5.8% Q2 2026
28 North Macedonia -6.6% Q2 2026
29 Croatia -7.4% Q2 2026
30 Latvia -7.5% Q2 2026
31 Romania -8.0% Q2 2026
32 Bulgaria -8.2% Q2 2026
33 Iceland -9.3% Q2 2026
34 Cyprus -12.7% Q2 2026
35 Montenegro -22.6% Q2 2026

Places are ordered from the highest to the lowest value. Group medians on this site are the middle value of the members with data for the same year; they are not official aggregates.

How this ranking works

Every country is ranked on its value for Q2 2026, the latest period that most countries have, so all values are for the same point in time. Countries without a value for Q2 2026 are left out. Groups and aggregates such as the European Union are not ranked. Values are as published by Eurostat; the ranking is a plain ordering from the highest to the lowest value and says nothing about whether a high value is good or bad.

Earlier years: this measure has one shared period only. Methodology · Coverage and freshness

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