Ireland posted a current account surplus of EUR 11.66 billion in the second quarter of 2020, compared to a EUR 32.60 billion deficit in the corresponding period of the previous year. The services gap narrowed sharply to EUR 0.79 billion from EUR 38.93 billion a year ago and the primary income shortfall fell to EUR 19.92 billion from EUR 21.11 billion. Also, the goods surplus widened to EUR 33.37 billion while the secondary income gap rose to EUR 1 billion from EUR 0.66 billion.
Current Account in Ireland averaged -491.25 EUR Million from 1981 until 2020, reaching an all time high of 14395 EUR Million in the third quarter of 2017 and a record low of -32602 EUR Million in the second quarter of 2019. This page provides - Ireland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Central Statistics Office Ireland
Current Account in Ireland is expected to be 12300.00 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 6800.00 in 12 months time. In the long-term, the Ireland Current Account is projected to trend around 2960.00 EUR Million in 2021 and 1620.00 EUR Million in 2022, according to our econometric models.