FX.co ★ German Current Account Surplus Slightly Up in March

Germany’s current account surplus widened to €22.0 billion in February 2026, up from €21.3 billion in February 2025. The primary income surplus increased to €11.5 billion from €10.4 billion a year earlier, while the goods surplus was virtually unchanged at €20.7 billion compared with €20.6 billion, as exports rose by 1.8% and imports by 2.0%. By contrast, the services deficit deepened to €4.6 billion from €4.3 billion, and the secondary income deficit widened slightly to €5.6 billion from €5.4 billion. Over the first two months of 2026, Germany’s cumulative current account surplus amounted to €40.1 billion, up from €37.9 billion in the same period of 2025.