Euro area monthly balance of payments: December 2023

•    Current account recorded €32 billion surplus in December 2023, up from €22 billion in previous month
•    Current account surplus amounted to €260 billion (1.8% of euro area GDP) in 2023, after a €82 billion deficit (0.6% of euro area GDP) in 2022
•    In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €376 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €422 billion in 2023