Euro area monthly balance of payments: March 2026

• Current account surplus amounted to €275 billion (1.7% of euro area GDP) in the 12 months to March 2026, down from €368 billion (2.4%) one year earlier
• In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €779 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €981 billion in the 12 months to March 2026
   

The current account of the euro area recorded a surplus of €15 billion in March 2026, a decrease of €11 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€14 billion), services (€14 billion) and primary income (€2 billion). These were partly offset by a deficit for secondary income (€16 billion).