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Germany – Current Account Balance

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank
5.77% +0.26% from 2023 G20 rank: 128th · all-time high: 8.90% (2016)

Germany's current account balance was 5.77% in 2024, an increase of +0.26% from 5.51% in 2023. This ranked 128th in the G20. The all-time high was 8.90% in 2016.

APA

Germany Current Account Balance. HistorySaid. Retrieved March 12, 2026, from https://historysaid.com/germany/current-account

BibTeX

@misc{historysaid_germany_current-account,
  title = {Germany Current Account Balance},
  url = {https://historysaid.com/germany/current-account},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
Germany Current Account Balance – Historical Data
YearValueChangeRank
2030* IMF 4.22%
2029* IMF 4.34%
2028* IMF 4.54%
2027* IMF 4.80%
2026* IMF 5.09%
2025* IMF 5.42%
2024 5.77% +0.26% 128th
2023 5.51% +1.66% 143rd
2022 3.85% −3.07% 144th
2021 6.92% +0.57% 152nd
2020 6.35% −1.53% 161st
2019 7.87% −0.56% 169th
2018 8.44% +0.36% 166th
2017 8.08% −0.82% 173rd
2016 8.90% +0.81% 176th
2015 8.10% +0.90% 173rd
Show all years (1971–2024)
* IMF World Economic Outlook projection
Detected Pattern
Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.2% GDP growth 3.9% C/A balance 6.9%
This pattern occurred 682 times in G20 history, 460 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid – pattern alert

Germany matched the Export Boom Cycle pattern in 2021. Historically, 67% of countries showing this pattern (460 out of 682) saw current account balance improve within 24 months. View full analysis →