Germany’s current account surplus expanded in March 2026, underscoring continued strength in its external position. The non-seasonally adjusted current account balance increased to €23.6 billion, up from €20.5 billion recorded in February 2026.
The latest figures, updated on 13 May 2026, point to a solid uptick of €3.1 billion month-on-month. While detailed drivers of the increase were not provided, the wider surplus typically reflects a combination of robust exports, income flows from abroad, or a narrowing of imports.
The March data reinforces Germany’s role as a major net lender to the rest of the world, with the higher surplus likely to feature in ongoing discussions about euro area imbalances and the resilience of Europe’s largest economy.
