EU current account surplus drops to $90B in Q2

The EU current account balance recorded a surplus of €80.2 billion ($90 billion) in the second quarter of 2026, shrinking from the previous quarter, according to official data.

This figure accounted for 1.6% of the bloc's gross domestic product, decreasing from a surplus of €98 billion, or 2% of GDP, in the first quarter, Eurostat announced on Friday.

In the second quarter of 2025, the EU recorded a current account surplus of €91.7 billion, which also represented 2% of GDP.

The surplus in the goods account fell to €62.9 billion in the second quarter, down from €63.6 billion in the previous three-month period.

The services account surplus also dropped to €41.7 billion during the same period, compared to €48.1 billion in the first quarter.

Eurostat data showed the primary income account surplus narrowing to €0.8 billion from €15.7 billion.

The secondary income account deficit decreased to €25.2 billion from €29.3 billion in the preceding quarter.

The capital account deficit widened significantly to €16.2 billion in the second quarter, up from €1.7 billion in the first quarter of the year.