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.