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Euro Area Current Account Surplus Falls by 1B Euros in December

February 18, 2022 by Forex Winner Leave a Comment

Euro Area Current Account Surplus Falls by 1B Euros in December

Source: European Central Bank

Euro area posted a current account surplus of 23 billion euros in December 2021, below 24 billion euros recorded the previous month. DAX is down -0.14%, EURUSD is up +0.07%.

Euro Area Current Account Surplus Falls by 1B Euros in December

Alt: Euro Area Current Account Balance

  • Services surplus in December were recorded at 18 billion euros, while goods surplus was 11 billion euros. Primary income had a 7 billion euros surplus, while secondary income had a deficit of 14 billion euros.
  • In December, euro area residents acquired non-euro area portfolio investment securities of 752 billion euros. Non-residents acquired euro area investment securities of 240 billion euros in the same month.
  • For the full year 2021, current account surplus in the euro area was 310 billion euros, an increase from 213 billion euros in 2020.

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