According to the report from European Central Bank, in December 2019 the current account of the euro area recorded a surplus of €33 billion, compared with a surplus of €32 billion in November 2019.
According to preliminary results for 2019 as a whole, the current account recorded a surplus of €362 billion (3.1% of euro area GDP), compared with a surplus of €359 billion (3.1% of euro area GDP) in 2018.
In the financial account, euro area residents made net acquisitions of foreign portfolio investment securities totalling €343 billion in 2019 (up from €202 billion in 2018). Over the same period, non-residents made net acquisitions of euro area portfolio investment securities amounting to €352 billion (in comparison with net sales of €5 billion in 2018).