Germany current account with Africa
Germany current account with Africa stood at -152.64 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.
This indicator in the Current account by partner country table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Regions and country groups | |||||||||||
| Africa | -152.64 | 119.63 | -29 | -109.98 | -215.68 | -63.71 | -313.12 | -338.83 | -13.77 | -861.27 | |
| Other European countries (excl. EFTA, incl. GB) | 5,174.4 | 7,038.03 | 11,180.6 | 1,810.74 | 3,969.31 | 7,158.15 | 5,126.39 | 4,915.97 | 5,771.56 | 5,273.86 |
Understanding germany current account with Africa
Economic interactions covering goods, services, investment income, and current transfers between the German economy and all sovereign states across the African continent are consolidated within this regional indicator. The measure captures a diverse array of cross-border activities, encompassing industrial machinery exports, raw material imports, development aid transfers, and remittance flows. Positioned alongside other top-tier geographic groups, it provides an aggregated view of trans-Mediterranean and sub-Saharan commercial ties, functioning separately from specialized institutional aggregates.
Assessing the momentum of these bilateral flows relies on year-on-year comparisons to circumvent the erratic monthly volatility caused by lumpy commodity shipments and irregular project-finance disbursements. Unadjusted monthly figures often exhibit sudden spikes when large infrastructure contracts are settled or when bulk harvests clear customs. Revisions to the series frequently stem from delayed reporting in primary income flows or the subsequent reconciliation of complex developmental assistance transfers. When analyzing the aggregate, researchers must avoid extrapolating the overall continental balance to individual nations, as the metric blends diverse national economies into a single macroeconomic output.
Frequently asked questions
- Are development aid and remittances included in this figure?
- Yes, both official development assistance and private worker remittances are captured under the secondary income component of the current account.
- Why do monthly totals sometimes show abrupt, sharp changes?
- The settlement of large-scale infrastructure projects and bulk shipments of natural resources create distinct, unpredictable spikes in the monthly data.
- Does this series differentiate between sub-regions on the continent?
- No, it consolidates all sovereign states on the landmass into a single, unified macroeconomic aggregate.