Balance of payments
The balance of payments records all economic transactions between residents and non-residents within a given time period and thus shows a country’s complex economics links with the rest of the world.
German balance of payments with individual countries
German balance of payments vis-à-vis the United Kingdom
The United Kingdom is a very important economic partner for Germany. Each year, the two countries exchange goods services and income worth approximately €240 billion. The exchange of goods accounts for about 50% of this figure. Germany’s trade surplus with the United Kingdom amounts to around €45 billion per year. As an economic partner, it is second only to the United States.
German balance of payments vis-à-vis the United States of America
The charts show how the current and financial account balances, including the contributions made by each component, have evolved vis-à-vis the United States since 2007 (annual data).