---
title: "Germany's current account surplus narrowed to EUR 15.1 billion in November"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272295451.md"
description: "Data from the German central bank shows that Germany's current account surplus in November 2025 was €15.1 billion, down from €18.8 billion a year earlier. The goods surplus decreased from €19.2 billion to €12.7 billion, mainly affected by a 3.4% decline in exports and a 2.7% increase in imports; meanwhile, the secondary income deficit widened from €7.3 billion to €7.7 billion. In contrast, the primary income surplus slightly increased from €14.5 billion to €14.8 billion, and the services trade deficit decreased from €7.6 billion to €4.7 billion"
datetime: "2026-01-12T15:10:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272295451.md)
  - [en](https://longbridge.com/en/news/272295451.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272295451.md)
---

# Germany's current account surplus narrowed to EUR 15.1 billion in November

Data from the German central bank shows that Germany's current account surplus in November 2025 was €15.1 billion, down from €18.8 billion a year earlier.

The goods surplus decreased from €19.2 billion to €12.7 billion, mainly affected by a 3.4% decline in exports and a 2.7% increase in imports; meanwhile, the secondary income deficit widened from €7.3 billion to €7.7 billion. In contrast, the primary income surplus slightly increased from €14.5 billion to €14.8 billion, and the services trade deficit decreased from €7.6 billion to €4.7 billion

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