Israel Current Account  Forecast


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Current Account in Israel is expected to be 2384.35 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Israel to stand at 2103.01 in 12 months time. In the long-term, the Israel Current Account is projected to trend around 1668.90 USD Million in 2020, according to our econometric models.


Israel Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -2297 -1437 -1342 -1244 -1156 -771
Exports 3913 4080 4019 4017 3998 3873
Imports 6209 5609 5649 5633 5612 5443
Current Account 2349 2384 2225 2152 2103 1669
Current Account to GDP 3.6 4 3.8 3.8 2.3 3.3
External Debt 92657 93686 93897 94031 94054 93163
Terms of Trade 114 112 111 111 110 107
Capital Flows -42974 -12981 -2774 -5305 -1523 152
Foreign Direct Investment 12614 19400 10289 10268 10212 22100
Remittances 1168 1213 1205 1202 1201 1180
Tourist Arrivals 426 300 300 200 200 200
Terrorism Index 5.25 5.68 5.8 5.92 6.04 6.18
Weapons Sales 1260 1069 1035 1001 967 822
Crude Oil Production 0.4 0.37 0.37 0.36 0.36 0.31