Current Account (Excludes Exceptional Financing), Net for Germany
CUAEEFDEQ052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,787,199,661.85
Year-over-Year Change
30.44%
Date Range
1/1/1971 - 10/1/2008
Summary
The Current Account (Excludes Exceptional Financing), Net for Germany is an important economic indicator that measures the difference between a country's imports and exports, excluding certain extraordinary financial transactions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into Germany's international trade balance and competitiveness. It is widely used by economists and policymakers to assess the overall health of the German economy and its economic relationships with other countries.
Methodology
The data is collected and calculated by the German Federal Statistical Office.
Historical Context
Analyzing trends in the German current account balance can inform economic and trade policies.
Key Facts
- Germany has consistently run a current account surplus since the early 2000s.
- The current account balance reached a record high of over 8% of GDP in 2015.
- Automotive exports are a major driver of Germany's current account surplus.
FAQs
Q: What does this economic trend measure?
A: The Current Account (Excludes Exceptional Financing), Net for Germany measures the difference between the country's imports and exports, excluding certain extraordinary financial transactions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Germany's international trade balance and competitiveness, which is crucial for assessing the overall health of the German economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Analyzing trends in the German current account balance can inform economic and trade policies, as it reflects the country's international trade position and competitiveness.
Q: Are there update delays or limitations?
A: The current account data is typically released on a quarterly basis, with some potential for slight delays in availability.
Related Trends
Production: Manufacturing: Consumer Goods: Durable Goods for Germany
PRMNCG02DEQ661N
Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Germany
LRUN25TTDEA156S
Nominal Final Consumption Expenditure for Germany
NCSAXDCDEQ
National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Germany
NAEXKP03DEQ189S
Consumer Price Index: All Items: Total for Germany
DEUCPALTT01IXNBM
Sales: Manufacturing: Consumer Goods Durable: Volume for Germany
DEUSLMNCD01IXOBM
Citation
U.S. Federal Reserve, Current Account (Excludes Exceptional Financing), Net for Germany (CUAEEFDEQ052N), retrieved from FRED.