Irish current account surplus narrowed sharply to EUR 0,178 million in the fourth quarter of 2018 from EUR 9,411 a year earlier. It was the smallest current account surplus since the third quarter of 2002, as the merchandise surplus declined to EUR 27,262 million from EUR 30,147 million and the services gap rose to EUR 7,632 million from EUR 4,034 million. Additionally, the primary income shortfall widened to EUR 18,279 million from EUR 15,613 million and the secondary income deficit increased to EUR 1,173 million from EUR 1,089 million. Considering full 2018, the current account surplus went up to EUR 28,996 million from EUR 24,924 million in 2017. Current Account in Ireland averaged -9.70 EUR Million from 1981 until 2018, reaching an all time high of 13760 EUR Million in the third quarter of 2017 and a record low of -6299 EUR Million in the fourth quarter of 2016.

Current Account in Ireland is expected to be 4850.00 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 4750.00 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
2018-07-19 10:00 AM Current Account €9.55B €9.41B €4.7B
2018-09-13 10:00 AM Current Account €10.16B €9.55B €5.9B
2018-12-13 11:00 AM Current Account €9.1B €10.16B €-1.2B
2019-03-14 11:00 AM Current Account €0.2B €9.1B €5.8B
2019-07-19 10:00 AM Current Account €0.2B €4.9B
2019-09-13 10:00 AM Current Account €5.4B
2019-12-17 11:00 AM Current Account €12.5B


Ireland Trade Last Previous Highest Lowest Unit
Balance of Trade 6991000.00 3234000.00 6991000.00 -280890.00 EUR Thousand [+]
Current Account 178.00 9104.00 13760.00 -6299.00 EUR Million [+]
Current Account to GDP 12.50 3.90 12.50 -13.40 percent [+]
Imports 6587700.00 8657700.00 8660600.00 62344.00 EUR Thousand [+]
Exports 13578700.00 11892000.00 13578700.00 44885.00 EUR Thousand [+]
External Debt 2331985.00 2293949.00 2331985.00 521792.00 EUR Million [+]
Terms of Trade 97.30 97.10 138.10 86.10 Index Points [+]
Capital Flows -33300.00 9276.00 14332.00 -33500.00 EUR Million [+]
Tourist Arrivals 2412.80 3330.80 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 [+]
Weapons Sales 13.00 26.00 30.00 1.00 USD Million [+]
Foreign Direct Investment -9079.00 -44020.00 145874.00 -44020.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
178.00 9104.00 13760.00 -6299.00 1981 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -6548.40 Jan/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 9.33 Jan/19
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 3.00 Jan/19
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 14596.00 Sep/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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