EU28 current account surplus €69.4 bn

13 January 2020

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €69.4 billion (1.7% of GDP) in the third quarter of 2019, up from a surplus of €43.5 billion (1.1% of GDP) in the second quarter of 2019.

In the third quarter of 2019 compared with the second quarter of 2019. based on seasonally adjusted data. the surplus of the goods account increased (+€40.4 bn compared to +€28.5 bn). as did the surplus of the services account (+€49.9 bn compared to +€29.6 bn). Surplus of the primary income account fell (+€1.4 bn compared to +€7.2 bn). while the deficit of the secondary income account grew (-€22.3 bn compared to -€21.8 bn). The deficit of the capital account decreased (-€4.4 bn compared to -€19.0 bn).

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