Luxembourg’s current account surplus narrowed to EUR 1,345.4 million in the first quarter of 2026 from EUR 1,664.1 million in the corresponding quarter of the previous year.
The goods account surplus shrank by EUR 178.4 million to EUR 481.6 million from EUR 660 million.
At the same time, the primary income shortfall grew to EUR 6,424.9 million from EUR 5,569.5 million, driven largely by increases in both the employee income (EUR -3,715.3 million vs EUR -3,614.4 million) and investment income (EUR -2,709.5 million vs EUR -1,955.1 million).
Meanwhile, the services account surplus expanded to EUR 7,377.7 million from EUR 7,329.6 million.
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