FX.co ★ Eurozone Current Account Surplus Narrows in September

The Eurozone's current account surplus decreased to €38.1 billion in September 2025, down from a revised figure of €43.5 billion the previous year. This decline was mainly driven by a significant reduction in the primary income surplus, which plummeted to €0.8 billion from €12.0 billion. Concurrently, the secondary income deficit expanded to €16.2 billion, up from €13.6 billion. On a brighter note, the goods surplus increased to €34.1 billion from €27.5 billion, bolstered by a 6.7% rise in exports, which amounted to €250.0 billion, as imports rose at a slower pace of 4.4% to reach €215.9 billion. Additionally, the services surplus showed improvement, growing to €19.4 billion from €17.6 billion. Taking a broader view, the Eurozone’s current account surplus for the first three quarters of 2025 experienced a reduction, falling to €213.4 billion from €306.5 billion recorded in the corresponding period of 2024.