Ireland Current Account  1981-2017 | Data | Chart | Calendar | Forecast

Ireland recorded a current account gap of €11,132 million in the December quarter of 2016 compared to €7,167 million surplus in the same period of the previous year. Services deficit widened sharply by 241.1 percent to €25,042 million, as imports jumped 54.4 percent to €61,451 million (mainly driven by research and development services) while sales rose only 11.9 percent to €36,409 million (mainly due to computer services). In addition, the merchandise trade surplus narrowed 6 percent to € 27,235 million, as exports fell 4.9 percent to €49,918 million while imports declined less by 3.7 percent to €22,683 million. By contrast, investment income earned abroad increased by 17.6 percent to €18,369 million and investment income payable to foreign investors advanced 6.7 percent to €32,089 million. Considering full 2016, the current account surplus was €12,544 million slowing from €26,157 million in 2015. Current Account in Ireland averaged -92.84 EUR Million from 1981 until 2016, reaching an all time high of 10078 EUR Million in the third quarter of 2016 and a record low of -11132 EUR Million in the fourth quarter of 2016.

Ireland Current Account
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Calendar GMT Actual Previous Consensus Forecast (i)
2016-09-14 10:00 AM Q2 €4.6B €8.96B € 7.1B
2016-12-09 11:00 AM Q3 €10B €4.6B € 8.9B
2017-03-09 11:00 AM Q4 €-11.1B €10B €12.4B
2017-07-14 10:00 AM Q1 €-11.1B € 6.5B
2017-09-14 10:00 AM Q2 € -6.1B
2017-12-08 11:00 AM Q3 € 3.6B




Ireland Trade Last Previous Highest Lowest Unit
Balance of Trade 3855200.00 5338900.00 5338900.00 -280890.00 EUR Thousand [+]
Exports 9558300.00 11796400.00 11796400.00 44885.00 EUR Thousand [+]
Imports 5703100.00 6457500.00 7047900.00 62344.00 EUR Thousand [+]
Current Account -11132.00 10078.00 10078.00 -11132.00 EUR Million [+]
Current Account to GDP 4.70 10.20 10.20 -13.40 percent [+]
External Debt 2073366.00 2037426.00 2226855.00 521792.00 EUR Million [+]
Terms of Trade 106.70 102.70 138.10 86.10 Index Points [+]
Capital Flows 15348.00 -11400.00 15348.00 -11400.00 EUR Million [+]
Tourist Arrivals 1796.20 2139.30 3061.50 254.00 Thousand [+]
Gold Reserves 6.00 6.00 6.00 5.47 Tonnes [+]
Foreign Direct Investment 25316.00 -5212.00 129910.00 -17020.00 EUR Million [+]
Terrorism Index 3.43 3.66 3.66 0.04 [+]
Weapons Sales 13.00 26.00 30.00 1.00 USD Million [+]

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



Ireland Current Account Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-11132.00 10078.00 10078.00 -11132.00 1981 - 2016 EUR Million Quarterly



current account by Country

Last
Australia -3108.00 Mar/17
Brazil 2884.20 May/17
Canada -14053.00 Mar/17
China 190.00 Mar/17
Euro Area 21.50 Apr/17
France -3063.00 Apr/17
Germany 15060.87 Apr/17
India -3432.97 Mar/17
Indonesia -2397.00 Mar/17
Italy 3432.00 Apr/17
Japan 1951.90 Apr/17
Mexico -6859.20 Mar/17
Netherlands 20180.90 Mar/17
Russia 22800.00 Mar/17
South Korea 3995.00 Apr/17
Spain 1320.00 Mar/17
Switzerland 11118.00 Mar/17
Turkey -3615.00 Apr/17
United Kingdom -12088.00 Dec/16
United States -116781.00 Mar/17