France’s external position strengthened markedly at the start of the year, as the country’s current account balance widened to a surplus of €2.10 billion in January 2026, up sharply from a revised €0.10 billion surplus in December 2025.
The latest figures, updated on 10 March 2026, signal a substantial improvement in France’s trade and income flows with the rest of the world over the one‑month period. While detailed component data were not provided, the move from almost flat levels in December to a solid surplus in January suggests more favorable export performance, improved services balance, income receipts, or some combination of these factors.
For policymakers and market participants, the stronger current account offers a more supportive backdrop for France’s external financing conditions and may ease concerns about external imbalances heading into the rest of 2026.
