EU28 current account surplus €38.6 bn

05 April 2019

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €38.6 billion (1.0% of GDP) in the fourth quarter of 2018, up from a surplus of €36.2 billion (0.9% of GDP) in the third quarter of 2018.

In the fourth quarter of 2018 compared with the third quarter of 2018, based on seasonally adjusted data, the surplus of the goods account increased (+€10.9 bn compared to +€4.6 bn) as did the surplus in the primary income account (+€12.7 bn compared to +€5.8 bn). The surplus of the services account fell (+€42.2 bn compared to +€47.0 bn), while the deficit of the secondary income account increased (-€27.2 bn compared to -€21.1 bn), as did the deficit of the capital account (-€24.3 bn compared to -€3.4 bn).

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