The goods account gap shrank to EUR 2,078 million from EUR 2,436 million from a year ago, offsetting the deterioration of the services account surplus to EUR 614 million from EUR 1,086 million.

In addition, primary income reversed into a surplus of EUR 200 million from a deficit of EUR 57 million, while the secondary income surplus improved to EUR 889 million from EUR 792 million. Considering the full 2020, the current account switched to a deficit of EUR 379 million from a surplus of EUR 1,520 million in 2019.