The Eurozone’s current account surplus widened to €12.98 billion in January 2026, a significant increase from a revised €3.09 billion in the same month last year, driven by a stronger services surplus, which rose to €10.17 billion from €5.41 billion, and a shift in the primary income balance to a surplus of €4.26 billion from a previous deficit of €4.69 billion. However, the goods surplus narrowed to €15.24 billion from €18.78 billion, while the secondary income deficit remained largely stable at €16.68 billion (vs. €16.41 billion a year earlier). On a seasonally adjusted basis, the current account surplus surged to €37.89 billion in January, up sharply from a revised €13.30 billion in December 2025. source: European Central Bank

Euro Area recorded a Current Account surplus of 12.98 EUR Billion in January of 2026. Current Account in Euro Area averaged 10.33 EUR Billion from 1999 until 2026, reaching an all time high of 53.29 EUR Billion in December of 2023 and a record low of -33.54 EUR Billion in January of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Euro Area recorded a Current Account surplus of 12.98 EUR Billion in January of 2026. Current Account in Euro Area is expected to be 32.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Current Account is projected to trend around 34.00 EUR Billion in 2027 and 29.00 EUR Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-19 09:00 AM
Current Account
Dec €34.6B €12.9B €15.1B
2026-03-20 09:00 AM
Current Account
Jan €13B €33.7B €7.5B
2026-04-16 08:00 AM
Current Account
Feb €13B

Components Last Previous Unit Reference
Current Account Goods 15.24 25.10 EUR Billion Jan 2026
Current Account Services 10.17 9.90 EUR Billion Jan 2026

Related Last Previous Unit Reference
Balance of Trade -1871.40 12624.50 EUR Million Jan 2026
Capital Flows 10.88 21.19 EUR Billion Jan 2026
Current Account 12.98 33.66 EUR Billion Jan 2026
Exports 215304.90 233961.20 EUR Million Jan 2026
External Debt 16957333.00 16874632.00 EUR Million Sep 2025
Imports 217176.30 222651.30 EUR Million Jan 2026


Euro Area Current Account
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).
Actual Previous Highest Lowest Dates Unit Frequency
12.98 33.66 53.29 -33.54 1999 - 2026 EUR Billion Monthly
Current Prices, NSA

News Stream
Eurozone Current Account Surplus Surges in January
The Eurozone’s current account surplus widened to €12.98 billion in January 2026, a significant increase from a revised €3.09 billion in the same month last year, driven by a stronger services surplus, which rose to €10.17 billion from €5.41 billion, and a shift in the primary income balance to a surplus of €4.26 billion from a previous deficit of €4.69 billion. However, the goods surplus narrowed to €15.24 billion from €18.78 billion, while the secondary income deficit remained largely stable at €16.68 billion (vs. €16.41 billion a year earlier). On a seasonally adjusted basis, the current account surplus surged to €37.89 billion in January, up sharply from a revised €13.30 billion in December 2025.
2026-03-20
Eurozone Current Account Surplus Narrows Sharply
The euro area’s current account surplus narrowed significantly to €34.6 billion in December 2025, down from €45.9 billion in the same month a year earlier. The goods surplus declined to €26.2 billion from €29.3 billion in December 2024, with imports surging 6.9% and exports rising at slower 4.6%. The primary income surplus saw a more pronounced drop, falling to €15.2 billion from €23.6 billion. Meanwhile, the services surplus also moderated, easing to €9.7 billion from €13.2 billion a year earlier. Partly offsetting these declines, the secondary income deficit narrowed to €16.5 billion, compared with €20.1 billion in the same month last year. For 2025 as a whole, the eurozone’s current account surplus shrank markedly to €261.4 billion, down from €412.3 billion in 2024. On a seasonally and working day-adjusted, the current account surplus dropped to €255 billion, or 1.6% of GDP, compared with a surplus of €407 billion, or 2.7%, in 2024.
2026-02-19
Eurozone Current Account Surplus Shrinks in November
The eurozone’s current account surplus narrowed to €12.6 billion in November 2025, down sharply from €27.1 billion a year earlier, reflecting weaker trade and income balances. The goods surplus fell to €27.1 billion from €33.0 billion, as exports declined by 2.8% while imports edged down by a more modest 0.4%. The services surplus also contracted, easing to €4.4 billion from €6.0 billion. Meanwhile, the primary income account swung into a €3.4 billion deficit, reversing a €4.9 billion surplus recorded in the same period last year. Partially offsetting these pressures, the secondary income deficit narrowed to €15.5 billion from €16.8 billion. From January to November 2025, the eurozone’s current account surplus narrowed to €226.2 billion, down significantly from €366.4 billion over the same period in 2024.
2026-01-20