France Current Account Gap Smallest Since 2019

2026-06-05 07:05 By Joshua Ferrer 1 min. read

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.



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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
France Current Account Deficit at 7-Month High
France posted a current account deficit of EUR 1.8 billion in February 2026, reversing from an eighteen-month high and upwardly revised EUR 2.3 billion surplus in the previous month. This marked the largest gap since July 2025, largely driven by a decline in the services account surplus, which fell to EUR 50.8 billion from EUR 52.3 billion in January. In contrast, the goods deficit narrowed to EUR 53 billion from EUR 54.2 billion. Moreover, the primary income surplus remained stable at EUR 4.2 billion, while the secondary income deficit stood at EUR 4.6 billion. In comparison, the current account posted a deficit of EUR 1.2 billion in the same month last year, emphasizing the widening current account gap.
2026-04-08