Current account balance as a proportion of GDP (%) in Germany
Germany: Current account balance as a proportion of GDP (%) was 5.8% in 2024. ▲ Rising
Current account balance as a proportion of GDP in Germany, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Germany stood at 5.8%.
The figure is up 4.7% on the previous year and down 19.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Germany peaked at 8.9% in 2016 and was at its lowest, -1.5%, in 2000.
That places Germany 34th out of 205 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Current account balance as a proportion of GDP (%) in Germany, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -1.5% | — |
| 2001 | -0.2% | -88.7% |
| 2002 | 2.0% | -1264.3% |
| 2003 | 1.5% | -22.8% |
| 2004 | 4.5% | +195.8% |
| 2005 | 4.6% | +2.4% |
| 2006 | 5.8% | +25.7% |
| 2007 | 6.7% | +14.9% |
| 2008 | 5.6% | -16.8% |
| 2009 | 5.9% | +5.4% |
| 2010 | 5.8% | -1.8% |
| 2011 | 6.3% | +8.5% |
| 2012 | 7.2% | +14.9% |
| 2013 | 6.7% | -6.5% |
| 2014 | 7.2% | +6.9% |
| 2015 | 8.1% | +12.5% |
| 2016 | 8.9% | +10.0% |
| 2017 | 8.1% | -9.3% |
| 2018 | 8.4% | +4.4% |
| 2019 | 7.9% | -6.7% |
| 2020 | 6.3% | -19.4% |
| 2021 | 6.9% | +9.0% |
| 2022 | 3.9% | -44.4% |
| 2023 | 5.5% | +43.2% |
| 2024 | 5.8% | +4.7% |
Germany compared with similar countries
- Germany's 5.8% is above the median for high income countries, which is 1.6%, 3.6× the median. (69 countries reporting)
- Germany's 5.8% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Germany changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +1264.3% | -0.2% | 2.0% |
| 2004 | +195.8% | 1.5% | 4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | -1.5% | 6.7% | 10 |
| 2010s | 7.5% | 5.8% | 8.9% | 10 |
| 2020s | 5.7% | 3.9% | 6.9% | 5 |
Countries ranked near Germany
More economy & growth data for Germany
- Real gdp growth, annual growth rate 148.39 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7761 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.6565 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.33 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 654.77 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.6 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 478.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Germany?
- Current account balance as a proportion of gdp in Germany was 5.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Germany?
- The highest recorded value was 8.9% in 2016.
- What is the lowest current account balance as a proportion of gdp recorded in Germany?
- The lowest recorded value was -1.5% in 2000.
- How does Germany rank for current account balance as a proportion of gdp?
- Germany ranks 34th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Germany?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is rising.
- Where does this Germany data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).