EU28 current account surplus €62.0 bn

03 October 2018

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €62.0 billion (1.6% of GDP) in the second quarter of 2018, down from a surplus of €68.2 billion (1.7% of GDP) in the first quarter of 2018.

In the second quarter of 2018 compared with the first quarter of 2018, based on seasonally adjusted data, the surplus of the goods account decreased (+€24.6 bn compared to +€37.7 bn). The surplus of the services account grew (+€54.0 bn compared to +€50.6 bn), as did the surplus in the primary income account (+€5.1 bn compared to +€0.8 bn). The deficit of the secondary income account increased (-€21.8 bn compared to -€20.9 bn), as did the deficit of the capital account (-€3.5 bn compared to -€1.6 bn).

Full press release

© Eurostat