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Third quarter of 2007 EU27 current account deficit 17.2 bn euro 23.2 bn euro surplus on trade in services


According to the latest revisions1, the EU272 external current account3 recorded a deficit of 17.2 billion euro in the third quarter of 2007, compared with a deficit of 24.6 bn in the third quarter of 2006 and a deficit of 16.3 bn in the second quarter of 2007.
In the third quarter of 2007, compared with the third quarter of 2006, a lower deficit was recorded in the goods account (-41.5 bn euro compared with -44.5 bn), while the surplus of the services account increased (+23.2 bn compared with +16.7 bn). The surplus of the income account declined (+14.8 bn compared with +16.5 bn), while the deficit of the current transfers account remained nearly stable (-13.8 bn compared with -13.3 bn).

Eurostat - Organizational Body
NONE
Statistic for Business
English
2008
1-6
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