France Current Account Shifts to Deficit

France’s current account deficit widened to EUR 0.6 billion in December 2025 from a downwardly revised EUR 0.3 billion in the previous month. It marked the largest current account gap since September, as the goods account deficit increased to EUR 4.0 billion from EUR 3.6 billion in November. On the other hand, the services account surplus rose slightly to EUR 4.0 billion in December from EUR 3.9 billion in the prior month, while the primary income surplus edged up to EUR 4.0 billion from EUR 3.9 billion. In addition, the secondary income deficit remained unchanged at EUR 4.6 billion.

France posted a current account deficit of EUR 0.8 billion in November 2025, shifting from a surplus of an upwardly revised EUR 1.4 billion in the previous month. The goods account shortfall widened to EUR 3.7 billion from EUR 2.1 billion in October, while the services account surplus narrowed to EUR 3.7 billion from EUR 4.4 billion. Meanwhile, the primary income surplus edged up to EUR 3.7 billion from EUR 3.6 billion, and the secondary income shortfall remained unchanged at EUR 4.5 billion.

France’s current account deficit narrowed to EUR 1.1 billion in October 2025 from EUR 1.6 billion in the previous month. The goods account shortfall decreased notably to EUR 2.6 billion from EUR 5.3 billion in September, while the services account surplus remained at EUR 4.5 billion. In addition, the primary income surplus fell slightly to EUR 3.6 billion from EUR 3.7 billion, while the secondary income deficit remained unchanged at EUR 4.5 billion.