Current account balance (credit less debit), Net (credits less debits) in Germany
Germany: Current account balance (credit less debit), Net (credits less debits) was 270.45 billion in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Germany, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Germany stood at 270.45 billion.
Compared with earlier readings it is up 7.5% on the previous year and down 5.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Germany peaked at 342.18 billion in 2018 and was at its lowest, 134.35 billion, in 2005.
That places Germany 2nd out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less debits) in Germany, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 134.35 billion | — |
| 2006 | 177.80 billion | +32.3% |
| 2007 | 233.63 billion | +31.4% |
| 2008 | 212.41 billion | -9.1% |
| 2009 | 204.41 billion | -3.8% |
| 2010 | 200.15 billion | -2.1% |
| 2011 | 239.39 billion | +19.6% |
| 2012 | 258.79 billion | +8.1% |
| 2013 | 256.18 billion | -1.0% |
| 2014 | 285.24 billion | +11.3% |
| 2015 | 277.32 billion | -2.8% |
| 2016 | 314.86 billion | +13.5% |
| 2017 | 304.19 billion | -3.4% |
| 2018 | 342.18 billion | +12.5% |
| 2019 | 311.83 billion | -8.9% |
| 2020 | 250.19 billion | -19.8% |
| 2021 | 301.39 billion | +20.5% |
| 2022 | 161.76 billion | -46.3% |
| 2023 | 251.48 billion | +55.5% |
| 2024 | 270.45 billion | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 192.52 billion | 134.35 billion | 233.63 billion | 5 |
| 2010s | 279.01 billion | 200.15 billion | 342.18 billion | 10 |
| 2020s | 247.05 billion | 161.76 billion | 301.39 billion | 5 |
Countries ranked near Germany
- 1 China (People’s Republic of) 423.92 billion compare
- 3 Japan 194.26 billion compare
- 4 Taiwan, China 112.73 billion compare
- 5 Netherlands 110.92 billion compare
More financial sector data for Germany
- Total reserves in months of imports, annual growth rate 42.89 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.9878 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 327.32 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.0842 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 889.69 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 44.18 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 5,004 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Germany?
- Current account balance (credit less debit), net (credits less debits) in Germany was 270.45 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Germany?
- The highest recorded value was 342.18 billion in 2018.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Germany?
- The lowest recorded value was 134.35 billion in 2005.
- How does Germany rank for current account balance (credit less debit), net (credits less debits)?
- Germany ranks 2nd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Germany?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is rising.
- Where does this Germany data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.