Services balance (credit less debit), Net (credits less debits) in Euro Area (EA)
Euro Area (EA): Services balance (credit less debit), Net (credits less debits) was 193.56 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Euro Area (EA), 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Euro Area (EA) stood at 193.56 billion. That is the highest value across all 20 years on record.
That represents a change of up 33.5% on the previous year and up 20.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Euro Area (EA) peaked at 193.56 billion in 2024 and was at its lowest, -755.21 million, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Euro Area (EA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 41.02 billion | — |
| 2006 | 46.04 billion | +12.2% |
| 2007 | 57.92 billion | +25.8% |
| 2008 | 53.64 billion | -7.4% |
| 2009 | 50.62 billion | -5.6% |
| 2010 | 55.83 billion | +10.3% |
| 2011 | 73.31 billion | +31.3% |
| 2012 | 93.85 billion | +28.0% |
| 2013 | 124.87 billion | +33.0% |
| 2014 | 160.57 billion | +28.6% |
| 2015 | 85.29 billion | -46.9% |
| 2016 | 87.88 billion | +3.0% |
| 2017 | 131.11 billion | +49.2% |
| 2018 | 158.16 billion | +20.6% |
| 2019 | 62.20 billion | -60.7% |
| 2020 | -755.21 million | -101.2% |
| 2021 | 132.32 billion | -17621.5% |
| 2022 | 175.20 billion | +32.4% |
| 2023 | 145.03 billion | -17.2% |
| 2024 | 193.56 billion | +33.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.85 billion | 41.02 billion | 57.92 billion | 5 |
| 2010s | 103.31 billion | 55.83 billion | 160.57 billion | 10 |
| 2020s | 129.07 billion | -755.21 million | 193.56 billion | 5 |
Countries ranked near Euro Area (EA)
More financial sector data for Euro Area (EA)
- Total reserves (gold at national valuation) (SDR), annual growth rate 37.13 % change on previous year (2025)
- Gold reserves at market value 1.10 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 244.20 billion SDR (2025)
- Reserves excluding gold 434.01 billion SDR (2025)
- Total reserves (gold at market value) 1.54 trillion SDR (2025)
- Total reserves (gold at national valuation) 1.52 trillion SDR (2025)
- Reserves excluding gold (SDR), annual growth rate 3.66 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 12.11 billion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.93 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 38.41 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Euro Area (EA)?
- Services balance (credit less debit), net (credits less debits) in Euro Area (EA) was 193.56 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Euro Area (EA)?
- The highest recorded value was 193.56 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Euro Area (EA)?
- The lowest recorded value was -755.21 million in 2020.
- How does Euro Area (EA) rank for services balance (credit less debit), net (credits less debits)?
- Euro Area (EA) ranks 3rd out of 9 groups with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Euro Area (EA)?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is volatile.
- Where does this Euro Area (EA) data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.