Spain’s current account surplus narrowed to €5.91 billion in July 2026, from €6.44 billion a year earlier, mainly as the primary and secondary income deficit widened to €3.31 billion from €1.84 billion. Meanwhile, the goods and services surplus increased to €9.22 billion from €8.28 billion, supported by stronger tourism revenues, which rose to €14.08 billion from €12.90 billion. In January-July, the current account surplus declined to €24.57 billion, down from €32.93 billion in the same period of 2025. source: Bank of Spain

Spain recorded a Current Account surplus of 5909 EUR Million in July of 2026. Current Account in Spain averaged -519.79 EUR Million from 1969 until 2026, reaching an all time high of 7919.00 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 October of 2026.

Spain recorded a Current Account surplus of 5909 EUR Million in July of 2026. Current Account in Spain is expected to be 3600.00 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 4300.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-31 08:00 AM
Current Account
Jun €2.41B €1.84B €3.6B
2026-09-30 08:00 AM
Current Account
Jul €5.91B €3.47B €3.0B
2026-10-30 09:00 AM
Current Account
Aug €5.91B €2.7B


Related Last Previous Unit Reference
Balance of Trade -5220000.00 -7690000.00 EUR Thousand Jul 2026
Capital Flows 13732.00 6436.00 EUR Million Jul 2026
Current Account 5909.00 3466.00 EUR Million Jul 2026
Exports 35453700.00 35545400.00 EUR Thousand Jul 2026
External Debt 2925535.00 2841993.00 EUR Million Jun 2026
Foreign Direct Investment 1978.00 6615.00 EUR Million Jul 2026
Imports 40677900.00 43231900.00 EUR Thousand Jul 2026
Remittances 4849.00 5986.00 EUR Million Jun 2026
Tourism Revenues 14084.00 10429.00 EUR Million Jul 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
5909.00 3466.00 7919.00 -12138.00 1969 - 2026 EUR Million Monthly

News Stream
Spain Current Account Surplus Narrows in July
Spain’s current account surplus narrowed to €5.91 billion in July 2026, from €6.44 billion a year earlier, mainly as the primary and secondary income deficit widened to €3.31 billion from €1.84 billion. Meanwhile, the goods and services surplus increased to €9.22 billion from €8.28 billion, supported by stronger tourism revenues, which rose to €14.08 billion from €12.90 billion. In January-July, the current account surplus declined to €24.57 billion, down from €32.93 billion in the same period of 2025.
2026-09-30
Spain Current Account Surplus Narrows in June
Spain's current account surplus narrowed to EUR 2.41 billion in June 2026 from EUR 5.33 billion in the same month last year. The goods and services surplus fell to EUR 3.28 billion from EUR 6.17 billion. Meanwhile, tourism revenues widened to EUR 10.45 billion from EUR 10.08 billion. The primary and secondary income deficit widened to EUR 0.86 billion from EUR 0.84 billion.
2026-08-31
Spain Current Account Surplus Narrows in May
Spain's current account surplus narrowed to EUR 1.84 billion in May 2026 from EUR 6.37 billion in the same month last year. The goods and services surplus fell to EUR 5.74 billion from EUR 8.42 billion. Tourism revenues, however, rose to EUR 7.6 million from EUR 6.9 billion a year earlier. Also, the primary and secondary income deficit widened to EUR 3.90 billion from EUR 2.05 billion.
2026-07-31