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EU28 current account surplus €17.8 bn

Eurostat/ EU28 current account surplus €17.8 bn- 17 February 2017

In December 2016, compared with November 2016, based on seasonally adjusted data, the surplus of the goods account increased (+€12.9 bn compared with +€10.4 bn), while the surplus of the services account dropped (+€11.2 bn compared with +€12.1 bn). The surplus of the primary income account fell (+€0.0 bn compared with +€0.4 bn) as did the deficit of the secondary income account (-€6.3 bn compared with -€6.6 bn). The 12-month cumulated current account for the period ending in December 2016 recorded a surplus of €199.9 bn, compared with €144.1 bn for the 12 months to December 2015. The surplus of the goods account for the same period increased (+€148.5 bn compared with +€110.9 bn) and the deficit of the primary income account decreased (-€10.0 bn compared with -€33.2 bn). The surplus of the services account fell (+€139.9 bn compared with +€142.9 bn) and the deficit of the secondary income account grew slightly (-€78.5 bn compared with -€76.5 bn). These data are subject to revision.

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