Euro area monthly balance of payments: February 2025

  • Current account recorded €34 billion surplus in February 2025, down from €40 billion in previous month
  • Current account surplus amounted to €411 billion (2.7% of euro area GDP) in the 12 months to February 2025, up from €299 billion (2.0%) one year earlier
  • In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €738 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €800 billion in the 12 months to February 2025

Published on the 16th of April 2025

Image Source: ECB.
Source: ECB.

The current account of the euro area recorded a surplus of €34 billion in February 2025, a decrease of
€6 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€34
billion) and services (€14 billion). These were partly offset by deficits for secondary income (€10
billion) and primary income (€3 billion).

Updated on the 17th of April 2025