The EU’s current account surplus rises to €113.4 billion
BRUSSELS, 3 July 2026 – The European Union’s seasonally adjusted current account recorded a surplus of 113.4 billion euros in the first quarter of 2026, equivalent to 2.4% of GDP.
This compares to a surplus of 99.2 billion euros in the fourth quarter of 2025, and 104.9 billion euros in the first quarter of 2025.
According to details published by the European Statistical Office Eurostat, the goods account surplus fell to 66.7 billion euros, compared to 89.0 billion euros in the previous quarter, while the surplus in the services account rose to 52.1 billion euros, compared to 43.9 billion euros.
The primary income balance went from a deficit of 4.3 billion euros to a surplus of 25.3 billion euros, while the secondary income deficit widened slightly to 30.7 billion euros, compared to 29.4 billion euros.
The capital account deficit also rose to 3.8 billion euros, compared to 3.2 billion euros.
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