MacroDataHub

Germany current account with Austria

Germany current account with Austria stood at 635.07 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
Loading chart data…

This indicator in the Current account by partner country table

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-2025
Euro area member states
Austria635.071,122.091,393.481,630.971,762.462,021.21,276.521,616.71852.011,623.55
Belgium-1,201.31-1,057.46-967.41-1,264.95-922.6-747.78-589.8-718.98-1,115.52-863.69

Understanding germany current account with Austria

Neighboring cross-border activities involving merchandise exchanges, service deliveries, and income repatriation between German and Austrian residents are the sole focus of this particular metric. Positioned within the eurozone member state classifications, it isolates a highly integrated bilateral corridor characterized by deep linguistic and commercial ties. The compilation covers everything from daily commuter wage remittances and tourism revenues to the heavy transit of intermediate manufactured goods. It rigorously filters out capital transactions, ensuring that cross-border real estate investments or the buying of municipal bonds do not pollute the core measurement of everyday economic exchange.

Tracking transactions within a shared currency union presents distinct measurement challenges, often resulting in larger subsequent revisions compared to external customs records. Without physical border checkpoints to automatically log goods, the compilation relies heavily on corporate surveys and banking settlements, which are frequently adjusted after initial publication. The unadjusted nature of the monthly figures means that intense seasonal effects, particularly winter tourism and holiday retail cycles, heavily warp sequential comparisons. A strict year-on-year analytical framework is mandatory to strip away these recurring distortions and reveal the true underlying momentum of the bilateral relationship.

Frequently asked questions

How are the wages of cross-border commuters accounted for in these figures?
The salaries earned by residents of one country working in the other are recorded under primary income flows.
Do goods passing through Austria on their way to Italy distort this specific balance?
No, mere transit traffic is excluded because the economic ownership of the merchandise does not change hands between German and Austrian entities.
Is tourism expenditure classified under services in this bilateral view?
Yes, travel spending by German tourists in Austria is categorized as a service import for the German economy.

You may also be interested in