France’s current account deficit widened to a seasonally adjusted €4.7 billion in July 2026 from an upwardly revised €1.6 billion in the previous month. It marked the largest shortfall since January 2023, driven by a wider goods deficit, which increased to €6.8 billion from €5.2 billion in June, and a narrower services surplus, which fell to €3.8 billion from €5.3 billion. Moreover, the primary income surplus edged down to €3.3 billion from €3.4 billion. Meanwhile, the secondary income deficit remained unchanged at €5.0 billion. For the first seven months of the year, France recorded a cumulative current account deficit of €12.0 billion, compared with €18.2 billion in the corresponding period of the previous year. source: Banque de France

France recorded a Current Account deficit of 4717 EUR Million in July of 2026. Current Account in France averaged -160.21 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 September of 2026.

France recorded a Current Account deficit of 4717 EUR Million in July 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
2026-08-07 06:45 AM
Current Account
Jun €-1.4B €-1.2B € -2.4B
2026-09-08 06:45 AM
Current Account
Jul €-4.7B €-1.6B €-2.0B
2026-10-07 06:45 AM
Current Account
Aug €-4.7B


Related Last Previous Unit Reference
Balance of Trade -6669.00 -5750.60 EUR Million Jul 2026
Capital Flows 730.00 -10844.00 EUR Million Jul 2026
Current Account -4717.00 -1591.00 EUR Million Jul 2026
Exports 54676.50 54488.30 EUR Million Jul 2026
External Debt 8030458.00 7777040.00 EUR Million Mar 2026
Foreign Direct Investment 4779.00 3153.00 EUR Million Jul 2026
Imports 61345.50 60238.90 EUR Million Jul 2026
Tourism Revenues 9354.00 9010.00 EUR Million Jul 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
-4717.00 -1591.00 4784.00 -8358.00 1993 - 2026 EUR Million Monthly
SA

News Stream
France Current Account Deficit Largest Since 2023
France’s current account deficit widened to a seasonally adjusted €4.7 billion in July 2026 from an upwardly revised €1.6 billion in the previous month. It marked the largest shortfall since January 2023, driven by a wider goods deficit, which increased to €6.8 billion from €5.2 billion in June, and a narrower services surplus, which fell to €3.8 billion from €5.3 billion. Moreover, the primary income surplus edged down to €3.3 billion from €3.4 billion. Meanwhile, the secondary income deficit remained unchanged at €5.0 billion. For the first seven months of the year, France recorded a cumulative current account deficit of €12.0 billion, compared with €18.2 billion in the corresponding period of the previous year.
2026-09-08
France Current Account Deficit Largest in 4 Months
France's current account deficit widened to a seasonally adjusted €1.4 billion in June 2026 from an upwardly revised €1.2 billion in the previous month. It marked the largest shortfall since February, driven by a weaker services balance, with the surplus narrowing to €5.2 billion from €6.3 billion, while the primary income surplus edged down to €3.6 billion from €3.7 billion. Partly offsetting the decline, the goods trade deficit narrowed to €5.3 billion from €6.3 billion. Within goods trade, the deficit excluding energy eased to €1.5 billion from €1.7 billion, while the energy shortfall shrank to €3.8 billion from €4.6 billion. The secondary income deficit remained unchanged at €4.9 billion. For the first half of 2026, France recorded a cumulative current account deficit of €6.5 billion.
2026-08-07
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