Spain's current account surplus widened to EUR 4.61 billion in March 2026, from EUR 3.01 billion in the same month last year. The balance of goods and services recorded a EUR 6.01 billion surplus, increasing 44.3% from EUR 4.17 billion a year earlier. Within this category, tourism revenues were EUR 7.3 million, a declined from EUR 8.5 million a year earlier. In contrast, the primary and secondary income deficit widened to EUR 1.4 billion from EUR 1.15 billion. For the first quarter of 2026, the current account balance reached EUR 11.4 billion, an increase of 15% from EUR 9.9 billion in the same period last year. source: Bank of Spain

Spain recorded a Current Account surplus of 4611 EUR Million in March of 2026. Current Account in Spain averaged -554.07 EUR Million from 1969 until 2026, reaching an all time high of 7343.00 EUR Million in October of 2025 and a record low of -12138.00 EUR Million in January of 2008. This page provides the latest reported value for - Spain Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Spain recorded a Current Account surplus of 4611 EUR Million in March of 2026. Current Account in Spain is expected to be 5200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Current Account is projected to trend around 2600.00 EUR Million in 2027 and 2400.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 08:15 AM
Current Account
Feb €4.04B €2.73B €3.0B
2026-05-29 08:00 AM
Current Account
Mar €4.61B €4.04B € 1.8B
2026-06-30 08:00 AM
Current Account
Apr €4.61B


Related Last Previous Unit Reference
Balance of Trade -4371900.00 -3295500.00 EUR Thousand Mar 2026
Capital Flows 2632.00 -2904.00 EUR Million Mar 2026
Current Account 4611.00 4044.00 EUR Million Mar 2026
Exports 35859400.00 31719600.00 EUR Thousand Mar 2026
External Debt 2758457.00 2693942.00 EUR Million Dec 2025
Foreign Direct Investment 1601.00 3135.00 EUR Million Mar 2026
Imports 40231300.00 35015200.00 EUR Thousand Mar 2026
Remittances 4207.00 3788.00 EUR Million Dec 2025
Tourism Revenues 7325.90 5763.00 EUR Million Mar 2026


Spain 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
4611.00 4044.00 7343.00 -12138.00 1969 - 2026 EUR Million Monthly

News Stream
Spain Current Account Surplus Widens in March
Spain's current account surplus widened to EUR 4.61 billion in March 2026, from EUR 3.01 billion in the same month last year. The balance of goods and services recorded a EUR 6.01 billion surplus, increasing 44.3% from EUR 4.17 billion a year earlier. Within this category, tourism revenues were EUR 7.3 million, a declined from EUR 8.5 million a year earlier. In contrast, the primary and secondary income deficit widened to EUR 1.4 billion from EUR 1.15 billion. For the first quarter of 2026, the current account balance reached EUR 11.4 billion, an increase of 15% from EUR 9.9 billion in the same period last year.
2026-05-29
Spain Current Account Surplus Widens in February
Spain’s current account surplus rose to EUR 4 billion in February 2026 from EUR 3.8 billion in the same month a year ago, according to preliminary data. The balance of goods and services recorded a €5.5 billion surplus, compared with €4.6 billion a year earlier, an increase of almost 20%. Within this, tourism generated a €4.2 billion surplus, the same as in February 2015. Conversely, the balance of primary and secondary income posted a €1.5 billion deficit, widening from €700 million a year earlier. In the two months to February, the current account surplus totaled 6.77 billion, compared to €6.88 billion a year earlier.
2026-04-30
Spain Current Account Surplus Falls in January
Spain’s current account surplus declined to EUR 2.7 billion in January 2026 from EUR 3.1 billion in the same month a year ago, according to preliminary data. The balance of primary income, which includes income from work, investment, taxes on production and imports, and subsidies, and secondary income, covering personal transfers, current taxes, social contributions, and benefits, recorded a deficit of EUR 1.4 billion, compared with a surplus of EUR 1.2 billion in the previous year. Meanwhile, the goods and services surplus rose significantly to EUR 4.1 billion from EUR 1.9 billion in January 2025. Within this segment, the tourism sector played a fundamental role, contributing a surplus of €4.1 billion compared to €3.8 billion in January 2025.
2026-03-31