Fabian Demicoli

First estimate for the second quarter of 2013 – EU current account


EU27 current account surplus 35.9 bn – The EU27 external
current account recorded a surplus of 35.9 billion euro (1.1% of GDP)
in the second quarter of 2013, compared with a surplus of 5.9 bn (0.2% of
GDP) in the second quarter of 2012, according to first
estimates from Eurostat, the statistical office of the European
Union.

In the second
quarter of 2013, compared with the second quarter of 2012, the deficit of the
goods account turned into a surplus (+19.9 bn euro compared with -10.6 bn),
while the surplus of the services account slightly fell (+36.5 bn compared with
+39.9 bn). The deficit of the income account dropped (-5.7 bn compared with
-9.1 bn), while the deficit of the current transfers account remained nearly
stable (-14.7 bn compared with -14.3 bn).

 

 

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