France capital account balance
France capital account balance stood at 383 EUR million in Jul 2026, according to Eurostat – balance of payments by country, monthly (bop_c6_m), compiled by Banque de France. It is one of the indicators in the Monthly balance of payments table (Value · Monthly), with a complete series running from Jan 2008 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Monthly balance of payments table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other balances | |||||||||||
| Capital account balance | 383 | 309 | 921 | 334 | 350 | 1,185 | 360 | 235 | 365 | 400 | |
| Current plus capital account (net lending/borrowing) | -4,869 | 3,849 | -16,897 | -2,056 | -4,096 | -7,646 | -2,110 | 23,341 | -473 | 383 |
Understanding france capital account balance
Capital account transactions net measure non-produced, non-financial asset transfers alongside capital <b>transfers</b> such as debt forgiveness and investment grants associated with infrastructure development. This balance differs fundamentally from the current account by recording asset acquisitions and capital transfers rather than recurring trade and income flows, and from the financial account by capturing debt cancellation and non-produced asset transfers rather than financial asset transactions.
Monthly figures in this series are frequently lumpy, driven by specific intergovernmental agreements and large infrastructure project milestones rather than steady commercial activity. Early estimates are prone to substantial revisions as legal documentation and official reporting are finalized. Analysts should avoid month-on-month comparisons, focusing instead on annual totals or corresponding periods from prior years to understand underlying capital transfer patterns.
Frequently asked questions
- What transactions comprise the capital account balance?
- It records capital transfers, debt forgiveness, and the acquisition or disposal of non-produced, non-financial assets.
- How does the capital account differ from the financial account?
- The capital account covers capital transfers and non-produced assets, whereas the financial account tracks cross-border financial asset and liability transactions.
- Why do capital account figures often appear erratic?
- Large, infrequent intergovernmental grants and debt cancellation agreements create sudden spikes that lack a regular monthly pattern.