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. source: Bank of Spain

Spain recorded a Current Account surplus of 1840 EUR Million in May of 2026. Current Account in Spain averaged -550.44 EUR Million from 1969 until 2026, reaching an all time high of 7523.00 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 August of 2026.

Spain recorded a Current Account surplus of 1840 EUR Million in May 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
2026-06-30 08:00 AM
Current Account
Apr €1.88B €4.16B €4.3B
2026-07-31 08:00 AM
Current Account
May €1.84B €1.88B €4.5B
2026-08-28 08:00 AM
Current Account
Jun €1.84B € 5.2B


Related Last Previous Unit Reference
Balance of Trade -8244800.00 -5242800.00 EUR Thousand May 2026
Capital Flows 10081.00 10701.00 EUR Million May 2026
Current Account 1840.00 1877.00 EUR Million May 2026
Exports 34694000.00 34388100.00 EUR Thousand May 2026
External Debt 2856878.00 2756330.00 EUR Million Mar 2026
Foreign Direct Investment 773.00 1596.00 EUR Million May 2026
Imports 42939000.00 39560400.00 EUR Thousand May 2026
Remittances 5629.00 4236.00 EUR Million Mar 2026
Tourism Revenues 10490.00 9273.00 EUR Million May 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
1840.00 1877.00 7523.00 -12138.00 1969 - 2026 EUR Million Monthly

News Stream
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
Spain Current Account Surplus Narrows in April
Spain's current account surplus narrowed to EUR 1.88 billion in April 2026, from EUR 2.46 billion in the same month last year. The primary and secondary income deficit widened to EUR 5 billion from EUR 3.80 billion. On the other hand, the balance of goods and services recorded a EUR 6.89 billion surplus, rising 10.1% from EUR 6.25 billion a year earlier. Within this category, tourism revenues were EUR 9.27 million, an increase from EUR 8.52 million a year earlier.
2026-06-30
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