FX.co ★ Germany’s Current Account Surplus Narrows Sharply in April 2026

Germany’s current account surplus declined markedly in April 2026, falling to €13.8 billion from €23.6 billion in March, according to data updated on 11 June 2026. The latest figures point to a significant month‑on‑month weakening in one of Germany’s key external balances.

The current account balance n.s.a. (not seasonally adjusted) is a broad gauge of a country’s trade and financial flows with the rest of the world. While Germany continues to post a surplus, the notable contraction in April suggests a cooling in net inflows compared with the strong levels recorded in March 2026. Investors and analysts will be watching upcoming releases closely to assess whether this is a temporary adjustment or the start of a more persistent softening in Germany’s external position.