Euro area monthly balance of payments: December 2024
Current account recorded €38 billion surplus in December 2024, up from €25 billion in previous month
Current account surplus amounted to €419 billion (2.8% of euro area GDP) in 2024, up from €241 billion (1.6%) in 2023
In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €664 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €811 billion in 2024
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The current account of the euro area recorded a surplus of €38 billion in December 2024, an increase of €13 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€33 billion), services (€18 billion) and primary income (€4 billion). These were partly offset by a deficit for secondary income (€17 billion).
