Euro-Area Current Account Surplus Falls to EUR 9bn - CEO Magazyn

The euro area’s current-account surplus fell to EUR 9 billion in August 2026 from EUR 27 billion in July. Over the preceding 12 months, the surplus totalled EUR 250 billion, or 1.5% of GDP, compared with EUR 290 billion a year earlier. The European Central Bank also reported EUR 1.105 trillion in net purchases of euro-area securities by foreign investors and an increase in Eurosystem reserve assets to EUR 1.86 trillion, mainly reflecting higher gold valuations. According to ECB figures released on October 20, the euro area’s seasonally and working-day-adjusted current-account surplus amounted to EUR 9 billion in August, down from EUR 27 billion in July. Trade in goods generated an EUR 18 billion surplus and services an EUR 13 billion surplus.