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German balance of payments in December 2023
Germany’s current account recorded a surplus of €31.4 billion in December 2023, up €0.9 billion on the previous month’s level. While the surplus in the goods account decreased, the surplus in in-visible current transactions, which comprise services as well as primary and secondary income, ex-perienced a stronger increase.
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German balance of payments in May 2022
Germany’s current account recorded a surplus of €2.5 billion in May 2022, down €6.4 billion on the previous month’s level. Although the surplus in the goods account increased, this was outweighed by the sharp shift into a deficit for invisible current transactions, which comprise services as well as primary and secondary income.
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German balance of payments in November 2023
Germany’s current account recorded a surplus of €30.8 billion in November 2023, up €10.8 billion on the previous month’s level. This was primarily caused by the shift into a surplus in invisible current transactions, which comprise services as well as primary and secondary income. Moreover, the surplus in the goods account increased.
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Presentation: Changes to the Eurosystem operational framework Imène Rahmouni-Rousseau (European Central Bank)
654 KB, PDF
01.-02.10.2024 | Conference on Markets and Intermediaries | Frankfurt am Main
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Presentation: Uncertainty Shocks, Inflation Expectations, and Choice Olivier Coibion, Francesco D'Acunto, Yuriy Gorodnichenko, Michael Weber
271 KB, PDF
Joint Conference on Household Expectations | 26.09.2019 | Frankfurt am Main
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Presentation: Payment System Externalities Christine Parlour, Uday Rajan, Johan Walden
384 KB, PDF
Virtual autumn conference | 10.-11.09.2020
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German balance of payments in December 2022
Germany’s current account recorded a surplus of €24.3 billion in December 2022, up €6.9 billion on the previous month’s level. While the surplus in the goods account actually decreased, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, experienced a considerably stronger increase.
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Is CBDC the money of the future? Keynote at the Central Bank Payments Conference