The eurozone current account surplus narrowed slightly in December 2021 amid a deficit in secondary income during the month.
- The current account surplus stood at €23 billion in December, down from the €24 billion recorded in November and the €33 billion recorded in the comparable period of 2020.
- Secondary income recorded a €14-billion deficit, while services recorded an €18-billion surplus, goods with an €11-billion surplus, and primary income with a €7-billion surplus.
- The latest figures brought the full-year 2021 current account balance to a €310-billion surplus, wider than the €213-billion surplus the previous year. Credit was recorded at €4.382-trillion, and debit at €4.073 trillion.
- Surpluses were recorded in goods with €296 billion, services with €123 billion, and primary income with €53 billion. Secondary income posted the sole deficit for the full year, with -€163 billion.
Euro area residents’ net acquisitions of non-euro portfolio investments for the year stood at €752 billion, while those of non-residents’ were €240 billion.
EZU closed down 1.66%, while VGK was down 0.77% after hours.
Source: European Central Bank