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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

October 20, 2025
EURO AREA CURRENT ACCOUNT, AUGUST 2025

Month over month (August 2025 vs July 2025, seasonally adjusted)

Month over month, the Euro Area current account surplus narrowed by €17.9 billion to €11.9 billion

  • Goods trade surplus narrowed by €9.5 billion to €15.0 billion
  • Services trade surplus widened by €1.2 billion to €13.8 billion
  • Primary income changed from a surplus to a deficit of  €1.2 billion
  • Secondary income deficit narrowed by €0.01 billion to €15.8 billion

The Euro Area's exports of goods decreased by 1.0% to €233.5 billion. Imports of goods increased 3.3% to €218.5 billion.   

Exports of services from the Euro Area increased by 1.0% to €129.7 billion while imports of services to the Euro Area increased 0.1% to €115.8 billion.  

Primary income receipts for the Euro Area decreased by 2.9% to €112.3 billion while payments increased by 5.8% to €113.4 billion. 

Secondary income receipts in the Euro Area decreased by 1.4% to €16.4 billion while secondary income payments from the Euro Area decreased by 0.7% to €32.2 billion. 

Source: European Central Bank.  Press Releases Selected Current Account Data 



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