EU28 current account surplus €38.7 bn

14 January 2019

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €38.7 billion (1.0% of GDP) in the third quarter of 2018, down from a surplus of €59.9 billion (1.5% of GDP) in the second quarter of 2018.

In the third quarter of 2018 compared with the second quarter of 2018, based on seasonally adjusted data, the surplus of the goods account decreased (+€10.2 bn compared to +€24.4 bn), as did the surplus of the services account (+€49.3 bn compared to +€51.0 bn) and the surplus in the primary income account (+€0.4 bn compared to +€5.2 bn). The deficit of the secondary income account increased (-€21.2 bn compared to -€20.8 bn), as did the deficit of the capital account (-€3.4 bn compared to -€3.2 bn).

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