The Eurozone current account surplus widened to EUR 30.2 billion in July 2021, from EUR 26.1 billion in the same month last year, as the services surplus increased to EUR 12.1 billion from EUR 5.7 billion while the primary income deficit shrank to EUR 0.5 billion from EUR 4.3 billion. Meanwhile, the goods surplus declined slightly to EUR 31.0 billion from EUR 35.4 billion a year ago, while the secondary income gap increased to EUR 12.4 billion from EUR 10.7 billion. source: European Central Bank

Current Account in the Euro Area averaged 8.29 EUR Billion from 1999 until 2021, reaching an all time high of 50.89 EUR Billion in March of 2018 and a record low of -33.54 EUR Billion in January of 2008. This page provides the latest reported value for - Euro Area Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Current Account in Euro Area is expected to be 25.10 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Current Account is projected to trend around 30.00 EUR Billion in 2022 and 26.00 EUR Billion in 2023, according to our econometric models.

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Euro Area Current Account

Actual Previous Highest Lowest Dates Unit Frequency
30.20 24.00 50.89 -33.54 1999 - 2021 EUR Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-18 08:00 AM Apr €31.4B €31B €18.5B
2021-07-20 08:00 AM May €4.3B €30.6B €19.5B
2021-08-19 08:00 AM Jun €24B €6.5B €24.4B
2021-09-17 08:00 AM Jul €30.2B €24B €29.1B
2021-10-20 08:00 AM Aug €30.2B €25.1B
2021-11-19 09:00 AM Sep
2021-12-20 09:00 AM Oct


News Stream
Eurozone Current Account Surplus Widens in July
The Eurozone current account surplus widened to EUR 30.2 billion in July 2021, from EUR 26.1 billion in the same month last year, as the services surplus increased to EUR 12.1 billion from EUR 5.7 billion while the primary income deficit shrank to EUR 0.5 billion from EUR 4.3 billion. Meanwhile, the goods surplus declined slightly to EUR 31.0 billion from EUR 35.4 billion a year ago, while the secondary income gap increased to EUR 12.4 billion from EUR 10.7 billion.
2021-09-17
Eurozone Current Account Surplus Widens in June
The Eurozone current account surplus widened to EUR 24.0 billion in June 2021, from EUR 18.4 billion in the same month last year, as the services surplus increased to EUR 10.8 billion from EUR 4.7 billion and the primary income deficit dropped to EUR 3.6 billion from EUR 4.5 billion. Meanwhile, the goods surplus was little-changed at EUR 27.8 billion, compared to EUR 28.0 billion last year, while the secondary income gap rose to EUR 11.0 billion from EUR 9.8 billion.
2021-08-19
Eurozone Current Account Swings to Surplus in May
The Eurozone posted a current account surplus of EUR 4.3 billion in May 2021, compared with a EUR 0.7 billion deficit in the same month of the previous year, due to increases in surpluses of both goods (EUR 22.5 billion vs EUR 16.9 billion) and services (EUR 7.4 billion vs EUR 5.0 billion) and a decline in the secondary income deficit (EUR 10.4 billion vs EUR 13.6 billion). Meanwhile, the primary income gap rose to EUR 15.2 billion from EUR 8.9 billion last year.
2021-07-20
Euro Area Current Account Surplus More than Doubles
The Eurozone current account surplus widened sharply to EUR 31.4 billion in April of 2021 from EUR 12.1 billion in the same month of the previous year. The goods surplus jumped to EUR 26.4 billion from EUR 11.2 billion, the services surplus more than doubled to EUR 10.4 billion from EUR 3.9 billion and the secondary income gap fell to EUR 11.7 billion from EUR 12.4 billion. On the other hand, the primary income surplus narrowed to EUR 6.3 billion from EUR 9.5 billion.
2021-06-18

Euro Area Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).