Indicators : Current account

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Current account

	21	22	23	23Q3	23Q4	24Q1	24Q2	22Q4^23Q3	23Q1^23Q4	23Q2^24Q1	23Q3^24Q2	Updated
Belgium
In billion euro	6.6	-5.6	-5.7	-3.1	2.2	3.1	--	-1.6	-1.4	-0.7	--	09/24
In percent of GDP	1.3	-1.0	-1.0	-2.2	1.4	2.1	--	-1.1	-1.0	-0.5	--	09/24
In percent of GDP
Germany	7.2	4.2	6.2	6.5	6.6	7.8	6.3	5.9	6.1	6.4	6.8	09/24
France	0.3	-1.2	-1.0	-1.2	0.6	-1.4	-2.3	-1.0	-1.0	-0.6	-1.1	09/24
Netherlands	10.0	6.6	9.9	8.4	12.1	10.4	--	9.3	9.8	9.9	--	09/24
Euro area	2.5	-0.3	1.6	2.3	2.3	2.9	2.6	1.2	1.6	2.1	2.5	09/24
(^) Period average

Description: The balance of payments is the statistical statement that systematically summarises, for a specific time period, the economic transactions of an economy with the rest of the world. The balance of payments is broken down into three broad sub-balances: the current account, the capital account, and the financial account. The current account is the major driver of net lending/net borrowing of an economy; it provides important information about the economic relations of a country with the rest of the world. It covers all transactions (other than those in financial items) that involve economic values and occur between resident and non-resident units. The indicator is based on the IMF's sixth Balance of Payments and International Investment Position Manual (BPM6). Because current account data exhibit a strong seasonal pattern, quarterly data are shown as four-quarter moving averages.

Unit: current prices, not seasonally adjusted

Source: National Bank of Belgium (NBB) and National Accounts Institute (INR/ICN) (Belgium), Eurostat (Germany, France, Netherlands) European Central Bank (ECB, euro area

Last update

12/09/2024