France's balance of payments - 2026-03 Published on 7th of May 2026 In March 2026, the current account deficit (seasonally and working-day adjusted data) stood at EUR 1.2 billion (following a deficit of EUR 1.5 billion in February). The goods trade deficit fell to EUR 4.5 billion, down from EUR 4.8 billion in February, with the marked reduction in the non-energy goods deficit being offset by the increase in the energy bill (EUR -0.2 billion and EUR -4.3 billion respectively). The surplus in trade in services rose slightly to EUR 3.8 billion (after EUR 3.6 billion in February). Over 12 months, the current account balance stood at EUR -8.2 billion, compared with EUR -2.6 billion a year earlier. In March 2026 (cumulative data over 12 months) the financial account recorded net capital inflows of EUR 18.6 billion (compared with net inflows of EUR 36.9 billion in March 2025). Portfolio investment recorded net inflows of EUR 85.8 billion, compared with net outflows of EUR 88.4 billion a year earlier. Direct investment and financial derivatives, meanwhile, recorded net outflows of EUR 20.3 billion and EUR 33.2 billion respectively (following net inflows of EUR 19.9 billion and EUR 34.7 billion in March 2025). Finally, net outflows from other investments amounted EUR 12.5 billion (following net inflows of EUR 73.7 billion in March 2025). [Data tables present in original page]