The German current account recorded a surplus of €18.8 billion in February 2021, up €1.1 billion from the previous month’s level. While the surplus in invisible current transactions, which comprise services as well as primary and secondary income, saw a decline, the surplus in the goods account rose more strongly.

Germany’s current account posted a surplus of €22.5 billion in June 2021, up €9.4 billion on the previous month’s level. This was attributable to an increase in the goods account balance and especially in the invisible current transactions balance comprising services as well as primary and secondary income.

The financial assets of households rose by €64 billion, or 1.3%, on the previous quarter to €4,871 billion by the end of the third quarter.

In April 2021, Germany’s current account recorded a surplus of €21.3 billion, down €8.7 billion on the previous month’s level. This was driven by the decrease in the goods account surplus and a narrowed surplus on invisible current transactions, comprising primary and secondary income as well as services. 

Selected results of the financial accounts by sector

The financial assets of households increased by €23 billion, or 0.5% on the quarter, to €5,027 billion at the end of the second quarter of 2013.