Euro Area Current Account

Eurozone’s current account surplus widened sharply to EUR 47.0 billion from EUR 41.4 billion in the same month of the previous year. The primary income surplus increased firmly to EUR 18.2 billion from EUR 13.0 billion a year ago and the goods surplus rose to EUR 32.8 billion from EUR 31.4 billion, while the services surplus was nearly unchanged at EUR 6.4 billion. Meanwhile, the secondary income deficit rose to EUR 10.5 billion from EUR 9.3 billion in the same month a year earlier. Considering 2016 full year, the current account surplus widened to EUR 361.8 billion from EUR 316.7 billion in 2015. Current Account in the Euro Area averaged 4.25 EUR Billion from 1999 until 2016, reaching an all time high of 46.97 EUR Billion in December of 2016 and a record low of -26.35 EUR Billion in April of 2001.

Euro Area Current Account

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Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for – Euro Area Current Account – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Current Account – actual data, historical chart and calendar of releases – was last updated on February of 2017.