European Union Current Account Balance

Factbook > Countries > European Union > Economy

Current Account Balance: $387.1 billion (2016 est.)
$365.5 billion (2015 est.)

Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Source: CIA World Factbook - This page was last updated on January 20, 2018

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