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    Home » Eurozone’s Current Account Surplus Stagnates at €23 billion in January 2022
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    Eurozone’s Current Account Surplus Stagnates at €23 billion in January 2022

    March 22, 20221 Min Read
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    Euro area posted a current account surplus of €23 billion in January 2022, the same as the prior month.

    • The current account surplus was largely attributable to services (€16B), goods (€14B), and primary income (€6B). But, the surplus was partly reduced by a deficit for secondary income of €13 billion.
    • In the 12 months ending January 2022, the current account posted a surplus of €294 billion, an increase from a surplus of €247 billion, the previous month.
    • Eurozone residents made direct investments of €95 billion in non-euro area assets in the 12-month period to January 2022 after net investments of €46 billion in the 12 months to January 2021.
    • The euro area investors’ purchases of non-euro area equity dropped to €314 billion in the 12 months to January 2022, a drop from €334 billion, same period last year.

    The purchase of non-euro debt securities by euro area residents dropped to €355billion in 12 months to January 2021 from €374 billion in the same period last year.

    Euro Stoxx 50 up +0.79%, EUR USD down -0.16%

    Source: European Central Bank.

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