Euro area monthly balance of payments: August 2025

  • Current account recorded €12 billion surplus in August 2025, down from €30 billion in previous month
  • Current account surplus amounted to €303 billion (2.0% of euro area GDP) in the 12 months to August 2025, down from €404 billion (2.7%) one year earlier
  • In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €848 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €745 billion in the 12 months to August 2025

Published on the 20th of October 2025

The current account of the euro area recorded a surplus of €12 billion in August 2025, a decrease of €18 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€15 billion) and services (€14 billion). Deficits were recorded for secondary income (€16 billion) and primary income (€1 billion).

Updated on the 20th of October 2025