FX.co ★ Netherlands Current Account Surplus Widens in Q4

In the fourth quarter of 2024, the Netherlands saw an expansion of its current account surplus, reaching €38.9 billion compared to €33.2 billion during the same timeframe the previous year. The surplus in the goods account rose to €29.4 billion from €24.5 billion in the fourth quarter of 2023. Similarly, the services account surplus experienced a modest increase to €11 billion, up from €10.5 billion. The primary income account also showed improvement, registering a surplus of €0.2 billion, a significant shift from a deficit of €0.1 billion observed a year earlier. Conversely, the secondary income deficit grew to €1.7 billion, compared to €0.5 billion previously.