Germany’s current account surplus expanded at the start of 2026, with the non-seasonally adjusted balance rising to €17.1 billion in January 2026. This marks an increase from €16.1 billion recorded in December 2025.
The latest figures, updated on 13 March 2026, indicate a modest month-on-month improvement in Germany’s external position. While no detailed breakdown was provided, the higher surplus suggests continued strength in Germany’s trade and income flows with the rest of the world as the year begins. Investors and policymakers may read the uptick as a sign of resilience in the country’s external accounts despite ongoing global economic uncertainties.