Euro area monthly balance of payments: August 2023

Current account recorded €28 billion surplus in August 2023, up from €21 billion in previous month.

Current account surplus amounted to €126 billion (0.9% of euro area GDP) in 12 months to August 2023, up from €12 billion (0.1%) one year earlier.

In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €307 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €489 billion in 12 months to August 2023.

Download the PDF version of this document