Key Points:
- Current account recorded €18 billion surplus in March 2021, down from €26 billion in previous month
- Current account surplus amounted to €267 billion (2.4% of euro area GDP) in 12 months to March 2021, up from €247 billion (2.1%) one year earlier
- In financial account, euro area residents’ net acquisitions of foreign portfolio investment securities totalled €1.1 trillion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €123 billion in 12 months to March 2021
