Current Account
Europe Ranking
balance as percent of GDPSource: IMF
Definition of Current Account
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 ↑ | Ireland | 13.9 | 2021 | 31 | -2.7 |
| 2 ↑ | Angola | 11.4 | 2021 | 15 | 1.5 |
| 3 ↑ | Netherlands | 9.5 | 2021 | 7 | 7 |
| 4 ↓ | Denmark | 8.3 | 2021 | 2 | 8.1 |
| 5 ↑ | Germany | 7.4 | 2021 | 6 | 7.1 |
| 6 ↑ | Switzerland | 6.7 | 2019 | 8 | 6.7 |
| 7 ↓ | Faroe Islands | 6.55 | 2020 | 1 | 10.13 |
| 8 ↑ | San Marino | 6.19 | 2019 | 27 | -1.89 |
| 9 | Sweden | 5.5 | 2021 | 9 | 6.1 |
| 10 | Luxembourg | 4.8 | 2021 | 10 | 4.1 |
| 11 ↑ | Ukraine | 3.33 | 2020 | 32 | -2.73 |
| 12 ↓ | Slovenia | 3.3 | 2021 | 4 | 7.4 |
| 13 ↑ | Croatia | 3.1 | 2021 | 22 | -0.1 |
| 14 ↑ | Austria | 2.8 | 2019 | 16 | 1.3 |
| 15 ↓ | Norway | 2.5 | 2019 | 3 | 8 |
| 15 ↓ | Italy | 2.5 | 2021 | 11 | 3.7 |
| 17 ↓ | Lithuania | 1.4 | 2021 | 5 | 7.3 |
| 18 ↓ | Spain | 0.9 | 2021 | 17 | 0.8 |
| 19 ↑ | Finland | 0.7 | 2021 | 20 | 0.7 |
| 20 ↑ | Bulgaria | -0.4 | 2021 | 22 | -0.1 |
| 20 ↓ | Belgium | -0.4 | 2021 | 17 | 0.8 |
| 20 ↑ | Belarus | -0.4 | 2020 | 29 | -1.93 |
| 23 ↑ | France | -0.6 | 2021 | 28 | -1.9 |
| 23 ↓ | Poland | -0.6 | 2021 | 12 | 2.9 |
| 25 ↓ | Czech Republic | -0.8 | 2021 | 14 | 2 |
| 26 | Portugal | -1.1 | 2021 | 26 | -1.1 |
| 26 ↓ | Estonia | -1.1 | 2021 | 24 | -0.3 |
| 28 ↓ | Slovakia | -2 | 2021 | 21 | 0.4 |
| 29 ↑ | United Kingdom | -2.6 | 2021 | 30 | -2.5 |
| 30 ↑ | Armenia | -2.66 | 2021 | 36 | -3.79 |
| 31 ↓ | Iceland | -2.8 | 2021 | 17 | 0.8 |
| 32 ↓ | Latvia | -2.9 | 2021 | 12 | 2.9 |
| 33 ↓ | Hungary | -3 | 2021 | 25 | -1 |
| 34 ↑ | Bosnia and Herzegovina | -3.51 | 2019 | 35 | -3.71 |
| 35 ↓ | Macedonia | -3.54 | 2021 | 34 | -3.44 |
| 36 ↑ | Serbia | -4.4 | 2021 | 37 | -4.2 |
| 37 ↑ | Georgia | -5.1 | 2019 | 40 | -6.8 |
| 38 ↑ | Greece | -5.9 | 2021 | 39 | -6.6 |
| 39 ↓ | Malta | -6.1 | 2021 | 33 | -2.9 |
| 40 ↑ | Moldova | -6.7 | 2020 | 42 | -9.3 |
| 41 ↓ | Romania | -7 | 2021 | 38 | -5 |
| 42 ↑ | Cyprus | -7.3 | 2021 | 43 | -10.1 |
| 43 ↓ | Albania | -8.9 | 2020 | 41 | -7.9 |
| 44 | Montenegro | -15 | 2019 | 44 | -17 |
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
