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Germany current account balance with Hong Kong

Germany current account balance with Hong Kong stood at 150.56 EUR million in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Current account by partner country table (Value · Monthly), with a complete series running from Jan 1971 to Aug 2026. The complete series with an interactive chart, free to download.

Source: Deutsche BundesbankLast updated: Curated by Bui Thanh Phuc
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This indicator in the Current account by partner country table

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-2025
Asia and the Pacific
Hong Kong150.56320.9465.13216.21241.95292.93306.43158.29446.94356.9
India333.37181.7301.59-9.622.43199.1276.6-219.28251.62184.94

Understanding germany current account balance with Hong Kong

Recording the unique financial and commercial ties with a major global transit hub, this indicator sums all bilateral goods, services, primary income, and secondary transfers between Germany and Hong Kong. Distinct from the mainland figures within the Asia and the Pacific grouping, this row emphasizes high-value financial services, regional headquarter operations, and specialized logistics. The resulting balance is stated in EUR million, strictly measuring current economic flows while excluding the complex web of capital market transactions characteristic of the jurisdiction.

Because the monthly releases are not subjected to seasonal smoothing, short-term fluctuations are frequently driven by corporate accounting cycles, dividend payouts, and concentrated bonus seasons within the financial sector. Year-on-year evaluations provide the most robust framework for analysis, effectively bypassing these recurring calendar-driven spikes. The preliminary data is routinely adjusted in subsequent months, primarily because accurately tracking cross-border financial services and intellectual property royalties is significantly more challenging than recording physical freight. Researchers must be extremely careful not to interpret this specific bilateral surplus or deficit as purely reflective of local consumption, given the territory's massive role as an entrepôt for broader regional trade and investment holding structures.

Frequently asked questions

Why are the service and income components typically so prominent in this measure?
The territory acts as a major financial and corporate hub, generating substantial cross-border accounting, legal, and financial service flows.
Are goods that merely pass through the port on their way elsewhere counted here?
Pure transit trade is generally excluded, but goods that clear customs or undergo minor processing can impact the merchandise balance.
Does this series include the purchase of equities on the local stock exchange?
No, equity trading is a financial account operation and does not factor into the current account calculation.

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