Italy's current account surplus increased to EUR 3.25 billion in February 2019 from EUR 2.28 billion in the same month of the previous year. The goods surplus widened to EUR 4.21 billion from EUR 3.73 billion in February 2018 and the primary income surplus rose to EUR 1.84 billion from EUR 1.33 billion. Meanwhile, the services deficit went up to EUR 1.13 billion from EUR 1.07 billion and the secondary income gap decreased slightly to EUR 1.67 billion from EUR 1.71 billion a year earlier. Current Account in Italy averaged -10.37 EUR Million from 1942 until 2019, reaching an all time high of 19332.70 EUR Million in July of 1981 and a record low of -10633.40 EUR Million in August of 1981.

Current Account in Italy is expected to be 4750.00 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 Italy to stand at 2460.00 in 12 months time. In the long-term, the Italy Current Account is projected to trend around 1910.00 EUR Million in 2020, according to our econometric models.

Italy Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-18 10:00 AM Current Account €4806M €6043M €4740M
2019-02-19 10:00 AM Current Account €4211M €4565M €3760M
2019-03-22 10:00 AM Current Account €3M €4447M €-1200M
2019-04-17 09:00 AM Current Account €3253M €-122M €1950M
2019-05-20 09:00 AM Current Account €3253M €2720M
2019-06-19 09:00 AM Current Account €2450M
2019-07-19 09:00 AM Current Account €1420M


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 3267.83 324.88 7902.67 -6389.30 EUR Million [+]
Current Account 3252.80 -121.80 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.50 2.80 2.90 -3.70 percent [+]
Imports 34230.78 35412.75 39938.06 5285.80 EUR Million [+]
Exports 37498.61 35737.63 43756.10 5946.40 EUR Million [+]
External Debt 2113580.00 2139097.00 2177794.00 524899.00 EUR Million [+]
Terms of Trade 101.40 100.20 105.50 83.40 Index Points [+]
Capital Flows -1556.60 7178.60 17094.70 -27541.10 EUR Million [+]
Remittances 153.71 148.20 202.52 96.92 EUR Million [+]
Gold Reserves 2451.80 2451.80 2451.84 2451.80 Tonnes [+]
Terrorism Index 2.74 2.75 3.71 1.98 [+]
Tourism Revenues 2197.06 2312.00 5821.00 1128.47 EUR Million [+]
Weapons Sales 660.00 670.00 1715.00 8.00 USD Million [+]
Crude Oil Production 85.00 88.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment 3912.00 2330.00 14203.00 -10787.00 EUR Million [+]

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



Italy 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 - Italy Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3252.80 -121.80 19332.70 -10633.40 1942 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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