Euro area monthly balance of payments May 2024

  • Current account recorded €37 billion surplus in May 2024, unchanged from the previous month
  • Current account surplus amounted to €349 billion (2.4% of euro area GDP) in the 12 months to May 2024, after a balanced account one year earlier
  • In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €513 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €646 billion in the 12 months to May 2024

Mise en ligne le 19 Juillet 2024

The current account of the euro area recorded a surplus of €37 billion in May 2024, unchanged from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€33 billion), services (€15 billion) and primary income (€ 4 billion). These were partly offset by a deficit for secondary income (€14 billion).

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Mise à jour le 29 Juillet 2024

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