According to a latest update from the European Central Bank or ECB, Euro Area Current account recorded €51 billion surplus in March 2025, up from €41 billion in previous month. Current account surplus amounted to €438 billion (2.9% of euro area GDP) in the 12 months to March 2025, up from €312 billion (2.1%) one year earlier. In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €698 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €782 billion in the 12 months to March 2025.

The current account of the euro area recorded a surplus of €51 billion in March 2025, an increase of €10 billion from the previous month (Chart 1 and Table 1). Surpluses were recorded for goods (€44 billion), services (€13 billion) and primary income (€7 billion). These were partly offset by a deficit for secondary income (€13 billion). In the 12 months to March 2025, the current account surplus widened to €438 billion (2.9% of euro area GDP), up from a surplus of €312 billion (2.1% of euro area GDP) one year earlier.

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