The French current account deficit narrowed to a seasonally adjusted €100 million in May of 2026 from a revised €600 million in the previous month, marking the lowest gap in the last four months. The services account surplus widened to €6.4 billion from €4.6 billion in April, lifted by a €1 billion increase in exports of professional and management consulting services, research and development, and technical services to €1.8 billion. In turn, the goods account gap widened to €5.5 billion from €4 billion as the trade balance when excluding energy swung to a deficit of €1.3 billion from a surplus of €0.6 billion. The energy goods account was at a sharp deficit of €4.2 billion as the war in the Middle East maintained the elevated prices of fuel imports. source: Banque de France

France recorded a Current Account deficit of 100 EUR Million in May of 2026. Current Account in France averaged -136.82 EUR Million from 1993 until 2026, reaching an all time high of 4784.00 EUR Million in August of 1998 and a record low of -8358.00 EUR Million in June of 2020. This page provides - France Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. France Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

France recorded a Current Account deficit of 100 EUR Million in May of 2026. Current Account in France is expected to be -4800.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Current Account is projected to trend around -1680.00 EUR Million in 2027 and -1700.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-05 06:45 AM
Current Account
Apr €-0.2B €-0.9B €-1.8B
2026-07-08 10:00 AM
Current Account
May €-0.1B €-0.6B €-1.8B
2026-08-07 06:45 AM
Current Account
Jun €-0.1B € -2.4B


Related Last Previous Unit Reference
Balance of Trade -6928.20 -5416.50 EUR Million May 2026
Capital Flows -30206.00 13190.00 EUR Million May 2026
Current Account -100.00 -600.00 EUR Million May 2026
Exports 53580.90 54660.90 EUR Million May 2026
External Debt 8030458.00 7777040.00 EUR Million Mar 2026
Foreign Direct Investment 7462.00 4897.00 EUR Million May 2026
Imports 60509.20 60077.40 EUR Million May 2026
Tourism Revenues 8010.00 7345.00 EUR Million May 2026


France 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
-100.00 -600.00 4784.00 -8358.00 1993 - 2026 EUR Million Monthly
SA

News Stream
France Current Account Narrows
The French current account deficit narrowed to a seasonally adjusted €100 million in May of 2026 from a revised €600 million in the previous month, marking the lowest gap in the last four months. The services account surplus widened to €6.4 billion from €4.6 billion in April, lifted by a €1 billion increase in exports of professional and management consulting services, research and development, and technical services to €1.8 billion. In turn, the goods account gap widened to €5.5 billion from €4 billion as the trade balance when excluding energy swung to a deficit of €1.3 billion from a surplus of €0.6 billion. The energy goods account was at a sharp deficit of €4.2 billion as the war in the Middle East maintained the elevated prices of fuel imports.
2026-07-08
France Current Account Gap Smallest Since 2019
France's current account deficit narrowed to EUR 0.2 billion in April 2026 from a downwardly revised EUR 0.9 billion in the previous month. This marked the smallest deficit since April 2019, driven by a lower goods trade shortfall, which eased to EUR 3.9 billion from EUR 4.1 billion in March, and a larger services surplus, which expanded to EUR 4.5 billion from EUR 3.9 billion. Within goods trade, the surplus excluding energy widened to EUR 0.6 billion from a balanced position in March, although the energy deficit increased to EUR 4.5 billion from EUR 4.2 billion. Meanwhile, the primary income surplus edged down to EUR 3.88 billion from EUR 3.9 billion, while the secondary income gap stood at 4.6 billion. On a 12-month basis, the country’s current account deficit widened to EUR 6.6 billion from EUR 2.6 billion a year earlier.
2026-06-05
France Current Account Narrows in March
France's current account deficit narrowed to EUR 1.2 billion in March 2026 from a downwardly revised EUR 1.5 billion in the previous month. The goods account deficit narrowed to EUR 4.5 billion from EUR 4.8 billion in February, while the services account surplus edged up to EUR 3.8 billion from EUR 3.6 billion. Meanwhile, the primary income surplus fell to EUR 4.2 billion from EUR 4.3 billion, while the secondary income deficit remained unchanged at EUR 4.6 billion.
2026-05-07