Euro area current account recorded €28 billion surplus in July 2026

The euro area current account recorded a surplus of €28 billion in July 2026, a decrease of €7 billion from the previous month. Over the 12 months to July 2026, the surplus reached €282 billion, which is 1.7% of euro area GDP, down from 1.9% one year earlier. In the financial account over the same period, euro area residents' net acquisitions of non-euro area portfolio investment securities totaled €815 billion, while non-residents' net acquisitions of euro area portfolio investment securities totaled €1,156 billion.