FX.co ★ Spain’s Current Account Surplus More Than Doubles in July 2026

Spain’s current account surplus more than doubled in July 2026, rising to €5.91 billion from €2.41 billion in June 2026, according to data updated on 30 September 2026.

The sharp month-on-month increase signals a significant improvement in Spain’s external balance at the start of the second half of the year. While the underlying drivers—such as trade in goods and services or income flows—were not disclosed in the latest release, the stronger surplus typically points to a combination of robust export performance, solid tourism receipts, or softer import demand.

The July figure suggests improved support for Spain’s external financing position, with potential implications for investor confidence and the broader macroeconomic outlook as the country heads into the final months of 2026.