Ireland’s current account surplus narrowed to €12.8 billion in the fourth quarter of 2025, from €18.2 billion in the same period of the previous year. This marked the smallest current account surplus since the first quarter of 2025, as the goods account surplus fell to €42.2 billion from €55 billion in Q4 2024. In contrast, the services account surplus rose to €8.1 billion from €6.9 billion. Moreover, the primary income deficit narrowed to €36.4 billion from €42.5 billion, and the secondary income shortfall fell slightly to €1.1 billion from €1.2 billion.