Brussels:The European Union's current account surplus decreased to £80.2 billion (90 billion) in the second quarter of 2026, down from the previous quarter, based on official data.

According to Anadolu Agency, the surplus represented 1.6% of the EU's gross domestic product, a drop from £98 billion or 2% of GDP in the first quarter, as announced by Eurostat on Friday.

In the second quarter of 2025, the EU had a current account surplus of £91.7 billion, equivalent to 2% of GDP. The goods account surplus declined to £62.9 billion in the second quarter, compared to £63.6 billion in the previous three-month period.

The services account surplus also saw a decrease, falling to £41.7 billion from £48.1 billion in the first quarter. Eurostat's data indicated a significant narrowing of the primary income account surplus to £0.8 billion from £15.7 billion.

Additionally, the secondary income account deficit reduced to £25.2 billion from £29.3 billion in the preceding quarter. Meanwhile, the capital account deficit increased sharply to £16.2 billion in the second quarter from £1.7 billion in the first quarter of the year.