EU28 current account surplus €41.9 bn

04 October 2017

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €41.9 billion (1.1% of GDP) in the second quarter of 2017, down from a surplus of €49.4 billion (1.3% of GDP) in the first quarter of 2017.

In the second quarter of 2017 compared with the first quarter of 2017, based on seasonally adjusted data, the surplus of the goods account fell slightly (+€34.3 bn compared to +€34.5 bn) as did the surplus of the services account (+€39.5 bn compared to +€40.3 bn). The deficit of the primary income account increased (-€7.8 bn compared to -€2.2 bn), as did the deficit of the secondary income account (-€24.1 bn compared to -€23.2 bn). The deficit of the capital account decreased (-€13.4 bn compared to -€13.9 bn).

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