The Eurozone posted a current account deficit of €6.19 billion in May 2026, a slight improvement from the €6.57 billion shortfall recorded a year earlier. The overall narrowing was largely driven by a steep reduction in the primary income deficit, which fell to €22.44 billion from a record €42.35 billion in May 2025. In contrast, the secondary income deficit widened to €13.19 billion from €10.84 billion over the same period.
The goods surplus narrowed to €9.45 billion, its lowest level since April 2023, while the services surplus strengthened, rising to €19.99 billion from €16.42 billion a year earlier. Over the January–May period, the Eurozone’s current account surplus increased to €67.5 billion, compared with €64.37 billion in the corresponding period of the previous year.
