Italy Crude Oil Production  Forecast


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Crude Oil Production in Italy is expected to be 100.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Italy to stand at 91.61 in 12 months time. In the long-term, the Italy Crude Oil Production is projected to trend around 103.00 BBL/D/1K in 2020, according to our econometric models.


Italy Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 3990 5200 7200 4800 2542 4400
Exports 38055 36500 39200 36900 35643 38900
Imports 34065 31300 32000 32100 31021 34500
Current Account 4307 4590 2550 3290 896 1510
Current Account to GDP 2.6 1.7 1.4 1.4 1.4 0.7
External Debt 2114116 2160000 2180000 2200000 2000842 2370000
Terms of Trade 113 113 111 111 110 119
Capital Flows 6176 6050 471 -57.88 -284 5210
Remittances 180 171 169 168 166 155
Gold Reserves 2452 2452 2452 2452 2452 2452
Terrorism Index 2.36 2.36 2.36 2.36 2.41 2.36
Tourism Revenues 4435 2000 2400 4200 4079 2500
Weapons Sales 802 700 706 711 716 674
Crude Oil Production 27 100 83.73 88.85 91.61 103
Foreign Direct Investment -840 -1250 1341 1334 1333 -470