Spanien - leistungsbilanz

Spain's current account surplus narrowed to EUR 0.74 billion in September 2019 from EUR 1.29 billion in the corresponding period of the previous year and compared with market expectations of EUR 1.12 billion. It was the smallest current account surplus since June 2012, as the goods and services surplus decreased to EUR 1.60 billion from EUR 2.22 billion a year earlier despite an increase in tourism revenues (EUR 7.59 billion from EUR 7.36 billion). On the other hand, the primary and secondary income shortfall narrowed to EUR 0.86 billion from EUR 0.93 billion. Considering the first nine months of the year, the current account surplus dropped to EUR 15.87 billion from EUR 17.82 billion in 2018.

Spain's current account surplus was little-changed at EUR 3.32 billion in August 2019, compared to EUR 3.38 billion in the same month last year. The goods and services surplus narrowed to EUR 4.15 billion from EUR 4.76 billion a year ago despite an increase in tourism revenues (EUR 9.40 billion vs EUR 9.14 billion). On the other hand, the primary and secondary income deficit shrank to EUR 0.83 billion from EUR 1.40 billion. Considering the first eight months of the year, the current account surplus fell to EUR 15.13 billion from EUR 16.53 billion in the same period of the previous year.

Spain's current account surplus widened to EUR 3.24 billion in July 2019 from EUR 2.73 billion in the same month of 2018 and beating market expectations of a EUR 0.23 billion surplus. The goods and services surplus rose to EUR 5.28 billion from EUR 4.50 billion, with tourism revenues increasing to EUR 9.27 billion (vs EUR 8.93 billion in July 2018). Meanwhile, the primary and secondary income gap advanced to EUR 2.04 billion from EUR 1.77 billion. Considering the first seven months of the year, the current account recorded a EUR 11.81 billion surplus, compared to a EUR 13.15 billion surplus in 2018.

Spain's current account surplus widened to EUR 2.05 billion in June 2019 from EUR 1.53 billion in the same month last year, as the goods and services surplus increased to EUR 3.96 billion from EUR 3.35 billion, with tourism revenues rising to EUR 6.78 billion (vs EUR 6.52 billion in June 2018). Meanwhile, the primary and secondary income deficit widened to EUR 1.91 billion from EUR 1.82 billion. Considering January-June, the current account posted a EUR 1.20 billion gap, compared to a EUR 1.64 billion surplus in the same period of 2018.

Spain's current account surplus narrowed to EUR 2.70 billion in May 2019 from EUR 3.40 billion in the same month last year, as the goods and services surplus decreased to EUR 3.49 billion from EUR 3.75 billion, with tourism revenues remaining unchanged at EUR 5.33 billion (vs EUR 5.34 billion in May 2018). In addition, the primary and secondary income deficit widened to EUR 0.78 billion from EUR 0.35 billion. Considering January-May, the current account posted a EUR 3.26 billion gap, compared to a EUR 0.11 billion surplus in the same period of 2018.

Spain's current account deficit narrowed sharply to EUR 0.41 billion from EUR 1.31 billion in the same month a year ago, as the goods and services surplus increased to EUR 2.64 billion from EUR 1.36 billion. On the other hand, the primary and secondary income deficit widened to EUR 3.05 billion from EUR 2.67 billion in the previous year. From January to April, the current account deficit widened to EUR 5.96 billion from EUR 3.29 billion in the same period of 2018.