Euro Area Current Account Surplus Rises in June 2026

The euro area recorded a €35 billion current account surplus in June 2026, up from €26 billion in May. This surplus was driven by goods (€18 billion), primary income (€17 billion), and services (€16 billion), partially offset by a secondary income deficit of €16 billion. Over 12 months to June 2026, the current account surplus totaled €276 billion (1.7% of GDP), down from €305 billion (2.0%) the previous year, due to reduced goods surplus and higher secondary income deficit. Financial account data showed euro area residents’ net acquisitions of non-euro area portfolio securities at €820 billion, while non-residents acquired €1,123 billion in euro area securities. Reserve assets declined to €1,755.4 billion, primarily due to falling gold prices. Data revisions for April and May 2026 did not significantly alter prior figures.

© European Central Bank, 2025.
Summary derived from the ECB website (https://www.ecb.europa.eu ).

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