France posted a current account surplus of EUR 0.8 billion in June 2023, shifting from a EUR 0.7 billion deficit in the previous month and defying market expectations of a EUR 0.4 billion gap. The goods deficit decreased to EUR 5.2 billion from EUR 7.2 billion, while the secondary income gap was unchanged at EUR 3.6 billion. Meanwhile, the surplus narrowed for both the primary income (EUR 5.8 billion vs EUR 5.9 billion), and the services account (EUR 3.7 billion vs EUR 4.2 billion). source: Banque de France

Current Account in France averaged -98.02 EUR Million from 1993 until 2023, reaching an all time high of 4784.00 EUR Million in August of 1998 and a record low of -8034.00 EUR Million in December of 2022. This page provides - France Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. France Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Current Account in France is expected to be -1200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Current Account is projected to trend around -2500.00 EUR Million in 2024 and -1600.00 EUR Million in 2025, according to our econometric models.

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France Current Account



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-07 06:45 AM May €-0.7B €-1.7B €0.6B €-1.6B
2023-08-08 06:45 AM Jun €0.8B €-0.7B €-0.4B € -1B
2023-09-08 06:45 AM Jul €0.8B €0.2B


Related Last Previous Unit Reference
Balance of Trade -6712.50 -7939.10 EUR Million Jun 2023
Current Account 758.00 -671.00 EUR Million Jun 2023
Exports 52054.30 52744.80 EUR Million Jun 2023
Imports 58766.80 60683.90 EUR Million Jun 2023
External Debt 6875558.00 6486111.00 EUR Million Mar 2023
Foreign Direct Investment 8094.00 5449.00 EUR Million Jun 2023
Capital Flows 3573.00 5557.00 EUR Million Jun 2023
Tourism Revenues 7250.00 6182.00 EUR Million Jun 2023

France Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
758.00 -671.00 4784.00 -8034.00 1993 - 2023 EUR Million Monthly
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News Stream
French Current Account Shifts to Surplus
France posted a current account surplus of EUR 0.8 billion in June 2023, shifting from a EUR 0.7 billion deficit in the previous month and defying market expectations of a EUR 0.4 billion gap. The goods deficit decreased to EUR 5.2 billion from EUR 7.2 billion, while the secondary income gap was unchanged at EUR 3.6 billion. Meanwhile, the surplus narrowed for both the primary income (EUR 5.8 billion vs EUR 5.9 billion), and the services account (EUR 3.7 billion vs EUR 4.2 billion).
2023-08-08
French Current Account Gap Narrows in May
France's current account deficit narrowed to EUR 0.7 billion in May 2023 from a revised EUR 1.7 billion in the previous month, missing market expectations of a EUR 0.6 billion surplus. The goods deficit declined to EUR 7.7 billion from EUR 8.0 billion, while the services surplus increased to EUR 4.5 billion from EUR 4.0 billion and the primary income surplus rose to EUR 6.1 billion from EUR 5.9 billion. Finally, the secondary income gap was unchanged at EUR 3.6 billion.
2023-07-07
France Current Account Swings to Deficit
France posted a current account deficit of EUR 0.1 billion in April 2023, shifting from a downwardly revised EUR 0.3 billion surplus in the previous month but beating market expectations of a EUR 0.8 billion gap. The deficit for the goods account widened to EUR 7 billion from EUR 6.2 billion, prompted by the increase in energy bill; while the gap for secondary income was unchanged at EUR 3.5 billion. On the other hand, the services surplus rose to EUR 4.2 billion from EUR 3.7 billion, boosted by the rise in travel services; while the primary income surplus also stood at EUR 6.2 billion. In April 2022, the country registered a current account deficit of EUR 4.4 billion.
2023-06-07