The eurozone current account surplus dropped to €21 billion surplus in February from €22 billion the prior month.
- Euro area’s current account surplus totaled €253 billion (2.1% of eurozone GDP in 12 months to February), down from €271B (2.4%) a year earlier.
- In February, the eurozone residents made net acquisitions of non-euro area portfolio investment securities amounting to €588B and non-residents acquisitions of euro area investment securities amounting to €282B in 12 months to February.
- The current account of the eurozone posted a surplus of €21B in February 2022, a decrease of €1 billion from the prior month.
- Surpluses were reported for services (€14 billion), goods (€10 billion), and primary income (€7 billion). But they were partly offset by a deficit for secondary income of €10 billion.
Direct investments by euro area residents in non-euro area assets rose to €132 billion in the 12-months period to February 2022, compared to €84 billion last year.
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Source: European Central Bank
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