Eurostat – EU Recession: EU Current Account Balance Continues rapid decline

In the third quarter of 2025 compared with the second quarter of 2025, based on seasonally adjusted data

  • the surplus of the goods account increased (+€95.7 bn compared to +€86.3 bn),

  • the surplus of the services account decreased (+€16.7 bn compared to +€37.4 bn),

  • the deficit of the primary income account increased (-€23.9 bn compared to -€14.4 bn) and

  • the deficit of the secondary income account increased (-€31.1 bn compared to -€28.9 bn).

In addition, during the same period, the deficit of the capital account decreased (-€2.2 bn compared to -€19.7 bn).

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