France EUR

France Current Account

Info

History

Chart

Impact:

Low

Source: Banque de France

Latest Release:

Date:

Surprise:

€-5.8B

Actual:

€-4.1B

Forecast: €1.7B

Previous/Revision:

€1B

Period: Apr

Next Release:

Date:

Period: May

What Does It Measure?

The France Current Account measures the balance of trade, income, and transfer payments between France and the rest of the world, assessing the overall economic transactions. It focuses primarily on the exports and imports of goods and services, net income from abroad, and unilateral transfers, thereby highlighting France's economic stability and its relationship with global markets.

Frequency

The France Current Account is released on a quarterly basis, typically published around six weeks after the end of the quarter as a final figure following thorough data revisions.

Why Do Traders Care?

Traders monitor the Current Account as it provides insights into the France's financial health and international competitiveness, influencing the value of the euro (EUR) and investor sentiment in the equity markets. A stronger current account balance can signal economic strength, potentially leading to appreciation of the EUR and positive performance in French stocks, while a deficit might have the opposite effects.

What Is It Derived From?

The Current Account is derived from extensive data collection that includes surveys of businesses, government transactions, and household financial activities, capturing the flow of goods, services, and income. It employs methodologies aligned with international standards, such as the Balance of Payments, to compute net exports, income abroad, and transfers to provide a comprehensive view of external economic interactions.

Description

The France Current Account is presented as a net figure, reflecting total credits minus total debits over a specific period, serving as an essential indicator of economic performance. Typically, a surplus indicates that a country is exporting more than it imports, contributing positively to national savings, while a deficit may indicate higher reliance on foreign capital, with implications for currency stability and overall economic health.

Additional Notes

The Current Account serves as a coincident economic indicator, providing real-time insights into the financial position of France relative to other economies. Its trends can inform broader economic assessments and are often compared with other related measures such as GDP growth and trade balance, highlighting shifts in global trade dynamics and France's economic status.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jun 06, 2025	€-4.1B	€1.7B	€1B	€-5.8B
May 07, 2025	€1.4B	€-1.7B	€-1.6B	€3.1B
Apr 08, 2025	€-1.9B	€-0.6B	€-1.3B	€-1.3B
Mar 07, 2025	€-2.2B	€1.9B	€2.6B	€-4.1B
Feb 07, 2025	€2.4B	€-2.5B	€-1.2B	€4.9B
Jan 08, 2025	€-1.7B	€-2B	€-1.9B	€0.3B
Dec 06, 2024	€-2.6B	€-2.2B	€-2.4B	€-0.4B
Nov 08, 2024	€-2.1B	€-1.7B	€-1.2B	€-0.4B
Oct 08, 2024	€-0.6B	€-1.4B	€0B	€0.8B
Sep 06, 2024	€-1.2B	€-2.4B	€-2.5B	€1.2B
Aug 07, 2024	€-2.6B	€-1.4B	€-2.5B	€-1.2B
Jul 16, 2024	€-3.1B	€-1.2B	€-3.5B	€-1.9B
Jun 07, 2024	€-1.8B	€1.5B	€0.6B	€-3.3B
May 07, 2024	€1.3B	€-1.9B	€0.3B	€3.2B
Apr 09, 2024	€0.9B	€-1.3B	€-0.5B	€2.2B
Mar 08, 2024	€-1B	€-1.4B	€-0.2B	€0.4B
Feb 07, 2024	€-0.7B	€-2.7B	€-2.9B	€2B
Jan 09, 2024	€-2.8B	€-3.2B	€-3.4B	€0.4B
Dec 07, 2023	€-2.9B	€-2.7B	€-2.8B	€-0.2B
Nov 08, 2023	€-2.5B	€-1.2B	€-1.1B	€-1.3B
Oct 06, 2023	€-0.8B	€-1.7B	€-1.8B	€0.9B
Sep 07, 2023	€-2B	€0.2B	€0.3B	€-2.2B
Aug 08, 2023	€0.8B	€-0.4B	€-0.7B	€1.2B
Jul 07, 2023	€-0.7B	€0.6B	€-1.7B	€-1.3B
Jun 07, 2023	€-0.1B	€-0.8B	€0.3B	€0.7B
May 09, 2023	€1.4B	€-3.3B	€-1.5B	€4.7B
Apr 07, 2023	€-3B	€-3.2B	€-3.3B	€0.2B
Mar 10, 2023	€-3.6B	€-7.9B	€-7.6B	€4.3B
Feb 07, 2023	€-8.5B	€-1.6B	€-6.7B	€-6.9B
Jan 09, 2023	€-6.8B	€-2.9B	€-3.4B	€-3.9B
Dec 07, 2022	€-3.8B	€-6.8B	€-7.3B	€3B
Nov 08, 2022	€-7.3B	€-5.2B	€-5.9B	€-2.1B
Oct 07, 2022	€-5.1B	€-4.1B	€-5.3B	€-1B
Sep 08, 2022	€-5.3B	€-1.2B	€-1.5B	€-4.1B
Aug 05, 2022	€-1.6B	€-4B	€-3.7B	€2.4B
Jul 08, 2022	€-3.9B	€-3.6B	€-2.7B	€-0.3B
Jun 08, 2022	€-3.4B	€-2.9B	€-3.4B	€-0.5B
May 09, 2022	€-3.2B	€-1.3B	€-0.94B	€-1.9B
Apr 12, 2022	€-1.1B	€-3.2B	€-1.3B	€2.1B
Mar 14, 2022	€-1.8B	€-5.3B	€-7B	€3.5B
Feb 08, 2022	€-7.1B	€-3B	€-3.4B	€-4.1B
Jan 07, 2022	€-3.6B	€-2.3B	€-2.5B	€-1.3B
Dec 07, 2021	€-2.6B		€-2.8B
Nov 09, 2021	€-2.7B	€-2.2B	€-1.4B	€-0.5B
Oct 07, 2021	€-1.3B	€-2.8B	€-3.4B	€1.5B
Sep 08, 2021	€-3.5B	€-1.4B	€-0.9B	€-2.1B
Aug 06, 2021	€-0.5B	€-3.4B	€-2.4B	€2.9B
Jul 07, 2021	€-2.3B	€-2B	€-2B	€-0.3B
Jun 08, 2021	€-1.4B	€-3.4B	€-2.7B	€2B
May 07, 2021	€-2.9B	€-3.2B	€-2.2B	€0.3B
Apr 08, 2021	€-2.6B	€-1.8B	€-2B	€-0.8B
Mar 05, 2021	€-1.6B	€-2B	€-1B	€0.4B
Feb 05, 2021	€-1.2B		€-1.4B
Jan 08, 2021	€-1.4B	€-3.4B	€-3.8B	€2B
Dec 08, 2020	€-3.7B	€-2.8B	€-5.6B	€-0.9B
Nov 06, 2020	€-5.7B	€-3.6B	€-4.7B	€-2.1B
Oct 07, 2020	€-4.7B	€-3.2B	€-5.7B	€-1.5B
Sep 08, 2020	€-6.2B	€-1.2B	€-8.6B	€-5B
Aug 07, 2020	€-8.4B	€-2.4B	€-8.2B	€-6B
Jul 07, 2020	€-8.5B	€-1B	€-5.8B	€-7.5B
Jun 09, 2020	€-5.4B	€-2.3B	€-2.8B	€-3.1B
May 07, 2020	€-3.3B	€-2.6B	€-3.4B	€-0.7B
Apr 07, 2020	€-3.8B	€-1.6B	€-3.1B	€-2.2B
Mar 06, 2020	€-2.8B	€-0.8B	€-0.3B	€-2B
Feb 07, 2020	€-0.6B	€-0.6B	€0.5B
Jan 08, 2020	€0.5B	€-2B	€-2.1B	€2.5B
Dec 06, 2019	€-2.4B	€-0.4B	€-2.9B	€-2B
Nov 08, 2019	€-2.7B	€-0.609B	€-3B	€-2.091B
Oct 08, 2019	€-2.5B	€-0.4B	€-0.3B	€-2.1B
Sep 06, 2019	€0.2B	€-0.7B	€-1.1B	€0.9B
Aug 07, 2019	€-0.8B	€-0.56B	€0B	€-0.24B
Jul 05, 2019	€0.3B	€-0.531B	€-1.2B	€0.831B
Jun 07, 2019	€-0.8B	€-1.6B	€-2.3B	€0.8B
May 07, 2019	€-1.3B	€-0.97B	€-0.6B	€-0.33B
Apr 05, 2019	€-0.8B	€-1.2B	€0.3B	€0.4B
Mar 08, 2019	€0.9B	€-0.2B	€-0.1B	€1.1B
Feb 07, 2019	€-1.1B	€-0.6B	€-3B	€-0.5B
Jan 08, 2019	€-2.8B	€-1.4B	€-0.3B	€-1.4B
Dec 07, 2018	€-0.7B	€-2.1B	€-1.9B	€1.4B
Nov 08, 2018	€-1.9B	€-1.9B	€-2B
Oct 05, 2018	€-1.6B	€-2B	€0.3B	€0.4B
Sep 07, 2018	€0.5B	€-2.3B	€-2.3B	€2.8B
Aug 07, 2018	€-2.3B	€-2.3B	€-2.9B
Jul 06, 2018	€-2.9B	€-1.8B	€-1.3B	€-1.1B
Jun 07, 2018	€-1.1B	€-1.7B	€-0.6B	€0.6B
May 04, 2018	€-1.3B	€-2.4B	€-0.9B	€1.1B
Apr 06, 2018	€-2B	€-2.8B	€-2B	€0.8B
Mar 07, 2018	€-1.6B	€-2.2B	€-0.7B	€0.6B
Feb 07, 2018	€-0.9B	€-2.6B	€-3.2B	€1.7B
Jan 09, 2018	€-3.3B	€-2.7B	€-2.6B	€-0.6B
Dec 07, 2017	€-2.2B	€-2.8B	€-3.3B	€0.6B
Nov 08, 2017	€-3.1B	€-2.2B	€-1.5B	€-0.9B
Oct 06, 2017	€-1.5B	€-2.9B	€-4.3B	€1.4B
Sep 07, 2017	€-4.2B	€-2.3B	€-2.4B	€-1.9B
Aug 08, 2017	€-2.1B	€-1.8B	€-1.9B	€-0.3B
Jul 07, 2017	€-2.3B	€-1.8B	€-2.6B	€-0.5B
Jun 08, 2017	€-3.1B	€-2.7B	€-2.1B	€-0.4B
May 10, 2017	€-3B	€-2.4B	€-3.5B	€-0.6B
Apr 07, 2017	€-3.6B	€-4.6B	€-5.8B	€1B
Mar 08, 2017	€-7B	€-1.2B	€-1.2B	€-5.8B
Feb 07, 2017	€-1.1B	€-1.4B	€-2.8B	€0.3B
Jan 06, 2017	€-2.3B	€-3.1B	€-3.2B	€0.8B
Dec 07, 2016	€-3.51B	€-1.93B	€-3.7B	€-1.58B
Nov 08, 2016	€-3.4B	€-2B	€-2.5B	€-1.4B
Oct 07, 2016	€-2.1B	€-4.4B	€-2.9B	€2.3B
Sep 07, 2016	€-2.6B	€-2.1B	€-0.8B	€-0.5B
Aug 05, 2016	€-0.6B	€-2.22B	€-0.3B	€1.62B
Jul 07, 2016	€-0.3B	€-2.6B	€-2.1B	€2.3B
Jun 07, 2016	€-2.8B	€-0.5B	€-1.9B	€-2.3B
May 04, 2016	€-1.8B	€-1.7B	€-4.1B	€-0.1B
Apr 07, 2016	€-3.9B	€-1B	€-2.2B	€-2.9B
Mar 08, 2016	€-1.4B	€-0.9B	€-0.4B	€-0.5B
Feb 05, 2016	€-0.7B	€-0.8B	€-1.5B	€0.1B
Jan 13, 2016	€-1.4B	€-1.1B	€-1B	€-0.3B
Dec 11, 2015	€-1.4B	€0.2B	€0.3B	€-1.6B
Nov 12, 2015	€0.5B	€-0.6B	€-0.1B	€1.1B
Oct 12, 2015	€0.2B	€-0.2B	€-0.4B	€0.4B
Sep 11, 2015	€-0.4B	€0.4B	€0.8B	€-0.8B
Aug 12, 2015	€1B	€-0.3B	€0.2B	€1.3B
Jul 10, 2015	€0.3B	€-0.7B	€0.4B	€1B
Jun 10, 2015	€0.4B	€-1.3B	€-1.4B	€1.7B
May 13, 2015	€-1.5B	€-0.1B	€-1.8B	€-1.4B