Euro Area Current Account Surplus Rises by €2 Billion in September

financial settlement with the charts and coins isolated on white background

The current account surplus in the euro area was at 19 billion euros in September, an increase from 17 billion euros posted the previous month.

Source: European Central Bank

 Euro Area Current Account Balance

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Goods surplus was recorded at 16 billion euros, while services surplus was 10 billion euros. The primary income surplus was 7 billion euros, but the secondary income was at a deficit of $15 billion euros.

In the 12 months to September, the current account surplus was 320 billion euros, up 1.5% from the prior year.

In the financial account, residents in the euro area had net acquisitions of non-euro area portfolios of 969 billion euros in the 12 months to September. Non-residents’ net acquisitions of euro area portfolios were 91 billion euros.

Eurosystem’s reserve assets stock fell to 1,002.4 billion euros in September, from 1,009.4 billion euros the previous month.


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