Euro area monthly balance of payments: June 2024

  • Current account recorded €51 billion surplus in June 2024, up from €38 billion in previous month
  • Current account surplus amounted to €370 billion (2.5% of euro area GDP) in the 12 months to June 2024, up from €30 billion (0.2%) one year earlier
  • In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €478 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €612 billion in the 12 months to June 2024

Published on the 20th of August 2024

The current account of the euro area recorded a surplus of €51 billion in June 2024, an increase of €13 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€39 billion), primary income (€14 billion) and services (€12 billion). These were partly offset by a deficit for secondary income (€14 billion).

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Updated on the 20th of August 2024

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