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Key Facts

Page
Balance On Services
Section
API Data Docs
Canonical URL
https://fxmacrodata.com/api-data-docs/eur/balance_on_services
Source
ECB/Eurostat
Last Updated
2016-06-01

Provenance And Trust

Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.

What Changed

Latest change vs prior release: 2197.8589 (37.93%)

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Balance on Services (EUR)

Balance of payments: trade in services.

Latest reading: 7992.0642 EUR billions · Last updated: · Source: ECB/Eurostat

Category: Economy

API Endpoint

/api/v1/announcements/eur/balance_on_services

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare Balance on Services across all supported currencies →

Optional Indicator Availability (EUR)

Optional indicators use per-currency fetcher capability checks and may be temporarily hidden while source coverage is being remediated.

foreign_reserves
Unavailable Temporarily hidden for this currency in the API catalogue.
cb_assets
Unavailable Temporarily hidden for this currency in the API catalogue.
inflation_mom
Available

About Balance on Services (EUR)

The services trade balance for Eurozone captures cross-border transactions in services including financial services, tourism, transport, and intellectual property. It is published alongside or as a component of the current account.

Why FX traders watch it

Services surpluses have grown in importance for economies like the US and UK where financial and professional services are key export sectors. The services balance can partially offset goods deficits.

How to interpret the data

A widening services surplus is eur-positive as it increases net inflows of foreign currency. A deterioration in services exports (e.g. due to reduced tourism or financial-sector weakness) widens the current account deficit.

Historical Balance on Services (EUR)

Source: ECB/Eurostat  ·  Quarterly  ·  EUR billions

Data provided by FXMacroData via the /api/v1/announcements/eur/balance_on_services endpoint. For access, see pricing.

Data Source

Primary Source

ECB/Eurostat

Official Series ID

Balance on services

Data Format and Properties

Data Frequency

Quarterly

Unit of Measure

EUR billions

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "EUR",
    "indicator": "balance_on_services",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Balance on Services data for EUR from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/eur/balance_on_services?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is Eurozone Balance on Services updated?
Balance on Services for Eurozone is released on a quarterly schedule by European Central Bank (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Balance on Services reported in?
The series is published in EUR billions. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Eurozone Balance on Services data?
Data is fetched directly from European Central Bank or the official national statistics publication for Eurozone. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Balance on Services for Eurozone via the API?
Issue a GET request to /api/v1/announcements/eur/balance_on_services?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.

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