The Euro Area current account surplus narrowed to EUR 26.9 billion in September of 2021 from EUR 37.8 billion a year earlier. The goods surplus nearly halved to EUR 18.1 billion and the secondary income gap widened to EUR 13.7 billion from EUR 11.2 billion. On the other hand, the services surplus increased to EUR 16.4 billion from EUR 11.4 billion, the primary income one to EUR 6.2 billion from EUR 2.4 billion. source: European Central Bank

Current Account in the Euro Area averaged 8.47 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 November of 2021.

Current Account in Euro Area is expected to be 28.90 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


Calendar GMT Actual Previous Consensus TEForecast
2021-10-20 08:00 AM Aug €17.6B €31.2B €25.1B
2021-11-19 09:00 AM Sep €26.9B €20.9B €32B
2021-12-20 09:00 AM Oct €26.9B


Related Last Previous Unit Reference
Current Account 26.90 20.90 EUR Billion Sep/21
External Debt 15388936.92 15416326.83 EUR Million Jun/21
Capital Flows 7.92 6.52 EUR Billion Sep/21

News Stream
Euro Area Current Account Surplus Falls in September
The Euro Area current account surplus narrowed to EUR 26.9 billion in September of 2021 from EUR 37.8 billion a year earlier. The goods surplus nearly halved to EUR 18.1 billion and the secondary income gap widened to EUR 13.7 billion from EUR 11.2 billion. On the other hand, the services surplus increased to EUR 16.4 billion from EUR 11.4 billion, the primary income one to EUR 6.2 billion from EUR 2.4 billion.
2021-11-19
Eurozone Current Account Surplus Narrows in August
The Eurozone current account surplus narrowed to EUR 17.6 billion in August of 2021, from EUR 24.9 billion in the same month last year, as the goods surplus shrank to EUR 12.9 billion from 24.3 billion. Meanwhile, the primary income surplus increased to EUR 6.4 billion from EUR 4.2 billion, and the services surplus went up to EUR 5.4 billion from EUR 5.2 billion. The secondary income gap decreased to EUR 7 billion from EUR 8.8 billion.
2021-10-20
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

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).