Spain Current Account
Spain · Monthly series · EC-ES-CA
Latest, August 2026
5.05B EUR
-14.6% from July 2026
Forecast
Forecast for August 2027: 4.85B EUR, with an 80% interval of 2.96B EUR to 6.58B EUR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| September 2026 | 4.01B EUR | 3.16B EUR | 4.86B EUR |
| October 2026 | 4.65B EUR | 2.84B EUR | 6.33B EUR |
| November 2026 | 3.77B EUR | 538.37M EUR | 7.02B EUR |
| December 2026 | 3.60B EUR | 885.33M EUR | 6.33B EUR |
| January 2027 | 2.71B EUR | -889.55M EUR | 6.40B EUR |
| February 2027 | 3.02B EUR | 562.24M EUR | 5.56B EUR |
| March 2027 | 3.79B EUR | 629.73M EUR | 6.97B EUR |
| April 2027 | 3.02B EUR | -114.14M EUR | 6.33B EUR |
| May 2027 | 4.84B EUR | 1.29B EUR | 8.25B EUR |
| June 2027 | 4.80B EUR | 1.17B EUR | 8.28B EUR |
| July 2027 | 5.43B EUR | 1.97B EUR | 8.49B EUR |
| August 2027 | 4.85B EUR | 2.96B EUR | 6.58B EUR |
AI confidence
Needs refreshThe data refresh is due. Confidence will be reassessed against the refreshed history.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- n/aNot evaluated
- Direction
- n/aNot evaluated
- Turning points
- n/aNot evaluated
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 89% of the 119 earlier readings since September 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| August 2026 | 5.05B EUR |
| July 2026 | 5.91B EUR |
| June 2026 | 3.47B EUR |
| May 2026 | 3.60B EUR |
| April 2026 | 1.68B EUR |
| March 2026 | 3.46B EUR |
| February 2026 | 3.21B EUR |
| January 2026 | 3.24B EUR |
| December 2025 | 3.43B EUR |
| November 2025 | 390.00M EUR |
| October 2025 | 7.92B EUR |
| September 2025 | 4.50B EUR |
| August 2025 | 5.66B EUR |
| July 2025 | 6.44B EUR |
| June 2025 | 5.97B EUR |
| May 2025 | 7.02B EUR |
| April 2025 | 3.00B EUR |
| March 2025 | 3.22B EUR |
| February 2025 | 4.10B EUR |
| January 2025 | 3.18B EUR |
| December 2024 | 2.95B EUR |
| November 2024 | 2.61B EUR |
| October 2024 | 5.69B EUR |
| September 2024 | 3.24B EUR |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Spain Current Account in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators