Current account and capital flows · Netherlands

Netherlands Current Account

The Netherlands Current Account measures money flowing between the Netherlands and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

Importance
Low
Released
Quarterly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with De Nederlandsche Bank)

Latest figures

The latest release for Q2, published on 23 September 2026, came in at €16.91B.

ReleasedForActualConsensusPrevious
23 Sep 2026Q2€16.91B–€26.38B ®
1 Jul 2026Q1€26.28B–€33.66B ®
26 Mar 2026Q4€34.53B–€19.23B ®
24 Dec 2025Q3€19.75B–€13.4B ®
23 Sep 2025Q2€13.2B–€26.8B ®
24 Jun 2025Q1€28.2B–€34.5B ®
26 Mar 2025Q4€38.9B–€24.9B ®

See it in the economic calendar →

Why it matters

A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.

How it is calculated

The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.

Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0

What changes mean

  • A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
  • Large foreign purchases of local bonds support the currency.

Higher than expected: A larger surplus or stronger inflows than expected tend to support the euro.

Lower than expected: A larger deficit or weaker inflows than expected tend to weigh on the euro.

A short history

Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.

Questions

What is the Netherlands Current Account?

The Netherlands Current Account measures money flowing between the Netherlands and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

What was the latest Netherlands Current Account?

€16.91B for Q2, published on 23 September 2026.

When is the next Netherlands Current Account?

On Thursday 24 December 2026 at 11:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.