Balance Payments

• The European Central Bank released the monthly balance of payments data for the euro area for May 2026. • Euro area residents recorded net acquisitions of non-euro area assets totaling €702 billion over the 12 months leading to May 2026, a significant increase from €442 billion the previous year. • Net incurrence of liabilities also rose sharply to €583 billion, compared to €178 billion in the prior year's period.

• The European Central Bank released balance of payments data for the first quarter of 2026, highlighting the euro area's current account surpluses. • The region recorded its largest bilateral surpluses with the United Kingdom at €236 billion and Switzerland at €78 billion, both increasing from the previous year. • Other notable surpluses were recorded against emerging economies (€140 billion), advanced economies (€111 billion), and offshore centres (€36 billion).

• The European Central Bank (ECB) has released balance of payments and international investment position statistics for the euro area and its member nations. • The data highlights consistency in financial reporting, with 13 countries showing discrepancies below 1% of GDP and 14 countries maintaining discrepancies below 2% of GDP on the financial account side. • These statistics are critical for monitoring the economic stability and purchasing power of the single currency across the European Union.