France current plus capital account net
France current plus capital account net stood at -6,307 EUR million in Aug 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 Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Monthly balance of payments table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other balances | |||||||||||
| Current plus capital account (net lending/borrowing) | -6,307 | -4,869 | 6,137 | -10,975 | -133 | -3,634 | -7,071 | -3,477 | 23,341 | -473 | |
| Net errors and omissions | 12,665 | 5,215 | -3,764 | -6,343 | 14,155 | 12,623 | -13,187 | 14,598 | -8,849 | 11,409 |
Understanding france current plus capital account net
The combined net balance of international transactions covering trade in goods and services, primary and secondary income streams, and capital transfers is computed by this series. By summing the current account balance with the capital account balance, the measure establishes the definitive net lending or net borrowing position of the economy relative to the rest of the world. Unlike financial account figures that record asset transactions, this aggregate isolates the surplus or deficit generated by actual economic production, income generation, and unrequited transfers.
Because both component accounts exhibit distinct seasonal behaviors, the combined balance inherits those multi-source fluctuations, requiring careful seasonal adjustment before drawing conclusions about underlying shifts. Revisions to early estimates reflect updated source data from international trade customs, tourism surveys, and administrative transfer records. Analysts examining the series should focus on structural multi-year trajectories rather than volatile single-month outcomes, and should verify whether a recorded surplus or deficit stems primarily from merchandise trade or from investment income.
Frequently asked questions
- What accounts are aggregated to calculate this net balance?
- It combines the current account balance and the capital account balance into a single borrowing or lending metric.
- What does a net borrowing position signify for the economy?
- It indicates that total domestic investment and spending exceed national disposable income, requiring net resource inflows from abroad.
- Why is multi-month smoothing recommended when reading this series?
- Individual months are prone to erratic shipping anomalies, corporate dividend spikes, and seasonal tourism fluctuations.