Current account balance (% of GDP) International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates. Spain’s biggest bank offers a wide range of current accounts including a basic account, a classic account a young person’s account and a non-resident account. It covers all transactions (other than those in financial items) in goods, services, primary income and secondary income … What is Spain Current Account Deficit? Banks do charge more to administer this type of account, but there is one important benefit: you don’t pay tax on the funds in your account. This page provides forecast and historical data, charts, statistics, news and updates for Spain Current Account Balance. ING News; Analyst Presentations; ING Think; Subscribe to press releases; Legal Information; ING.com Security; Cookie Statement The maximum value was 5765 EUR Million and minimum was -12201 EUR Million. A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The chart of the entire available history of the "Spain Current Account" macroeconomic indicator. Choose from a wide range HDFC Bank's Savings, Current, Salary & Rural Accounts. License : CC BY-4.0 Stay up to date. The best current account is the bank account that offers the perks or deals that suit your lifestyle. The dashed line shows the forecast values of the economic indicator for the specified dates. There are also several debit and credit cards to choose from and a downloadable banking app for those who prefer to manage their finances from their smartphone. Fees apply for current/checking accounts with a credit balance; expect to have to pay account opening and maintenance fees, as well as charges for specific transactions. Current Account Balance for Spain from Bank of Spain for the Balance of Payments release. The non-resident bank account. Current account balance - annual data The Current account provides information about the transactions of a country with the rest of the world. The surplus of Current Account in Spain decreased to 729 EUR Million (0.872 B USD) in December 2020. This type of account is for those people who spend no more than 183 days per year in Spain. Smart : TIN 0%, APR : -1.17% for a scenario in which a daily balance of €5,000 is maintained consistently for 1 year, applying an annual nominal interest rate of 0% and the monthly cost of the account … In spite of the intense competition in the Spanish banking market, bank charges and commissions in Spain are high compared to other (particularly EU) countries. Our accounts allow you to access your bank anytime, anywhere through a wide network of branches and ATMs, and facilities like Netbanking, Phonebanking and Mobilebanking. Spanish N26 accounts for our new customers in Spain We’re celebrating 500,000 customers in Spain! Spain’s current account ended 2017 with a balance of 1.9% of GDP and recorded its fifth consecutive year in surplus.