Current account recorded €32 billion surplus in May 2025, up from €19 billion in previous month
Published on the 18th of July 2025
Current account surplus amounted to €333 billion (2.1% of euro area GDP) in the 12 months to May 2025, down from €364 billion (2.5%) one year earlier
In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €758 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €744 billion in the 12 months to May 2025
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Euro area current account balance
The current account of the euro area recorded a surplus of €32 billion in May 2025, an increase of €13 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€33 billion), services (€13 billion) and primary income (€2 billion). These were partly offset by a deficit for secondary income (€16 billion).
