Luxembourg posted a current account gap of EUR 26.5 billion in the second quarter of 2019 from a EUR 10.6 billion surplus in the corresponding period of the previous year. The services shortfall widened sharply to EUR 33.4 billion from EUR 0.99 billion a year ago while the primary income gap increased to EUR 20.7 billion from EUR 16.3 billion. Meanwhile, the secondary income deficit fell to EUR 0.58 billion from EUR 0.99 billion. Current Account in Ireland averaged -228.52 EUR Million from 1981 until 2019, reaching an all time high of 14395 EUR Million in the third quarter of 2017 and a record low of -31759 EUR Million in the second quarter of 2017.

Current Account in Ireland is expected to be 12500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ireland to stand at 10100.00 in 12 months time. In the long-term, the Ireland Current Account is projected to trend around 2960.00 EUR Million in 2020, according to our econometric models.

Ireland Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-13 11:00 AM Current Account Q3 €9.1B €10.16B €-1.2B
2019-03-14 11:00 AM Current Account Q4 €0.2B €9.1B €5.8B
2019-07-11 10:00 AM Current Account Q1 €11B €1B €4.9B
2019-09-13 10:00 AM Current Account Q2 €-26.5B €11B €5.4B
2019-12-17 11:00 AM Current Account Q3 €-26.5B €12.5B


Ireland Trade Last Previous Highest Lowest Unit
Balance of Trade 5902400.00 4887300.00 6842400.00 -280890.00 EUR Thousand [+]
Current Account -26538.00 10990.00 14395.00 -31759.00 EUR Million [+]
Current Account to GDP 9.10 8.50 9.10 -13.40 percent [+]
Imports 7273600.00 7286000.00 8993100.00 62344.00 EUR Thousand [+]
Exports 13176000.00 12173300.00 13791400.00 44885.00 EUR Thousand [+]
External Debt 2328683.00 2398584.00 2398584.00 521792.00 EUR Million [+]
Terms of Trade 103.30 102.00 138.10 86.10 Index Points [+]
Capital Flows -54879.00 4932.00 17417.00 -93013.00 EUR Million [+]
Tourist Arrivals 3021.80 2026.70 3330.80 254.00 Thousand [+]
Gold Reserves 6.00 6.00 6.00 5.47 Tonnes [+]
Terrorism Index 3.05 3.14 3.66 0.04 [+]
Foreign Direct Investment -12705.00 7424.00 145874.00 -44687.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Ireland Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Ireland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-26538.00 10990.00 14395.00 -31759.00 1981 - 2019 EUR Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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