Italy’s current account surplus widened sharply to EUR 1.7 billion in March 2026 from EUR 0.3 billion in the same month a year ago. The primary income surplus rose significantly to EUR 2.3 billion, more than doubling from EUR 1.2 billion a year ago. The deficits in the services account (EUR -1.9 billion vs EUR -2.1 billion in March 2025) and secondary income (EUR -2.4 billion vs EUR -2.5 billion) also narrowed. Meanwhile, the goods surplus fell slightly to EUR 3.7 billion from EUR 3.8 billion. source: Banca d'Italia

Italy recorded a Current Account surplus of 1748 EUR Million in March of 2026. Current Account in Italy averaged 131.37 EUR Million from 1942 until 2026, 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. This page provides - Italy Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Current Account - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Italy recorded a Current Account surplus of 1748 EUR Million in March of 2026. Current Account in Italy is expected to be 2680.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Current Account is projected to trend around 3200.00 EUR Million in 2027 and 3000.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-17 08:00 AM
Current Account
Feb €3654M €-1836M €2250.0M
2026-05-21 08:00 AM
Current Account
Mar €1748M €3558M €1200.0M
2026-06-18 08:00 AM
Current Account
Apr €1748M


Related Last Previous Unit Reference
Balance of Trade 4709.09 4983.12 EUR Million Mar 2026
Capital Flows -3079.80 -3500.00 EUR Million Mar 2026
Current Account 1748.00 3558.40 EUR Million Mar 2026
Exports 61682.00 53839.00 EUR Million Mar 2026
External Debt 2824151.00 2820911.00 EUR Million Dec 2025
Foreign Direct Investment 177.00 2257.00 EUR Million Mar 2026
Imports 56973.00 48856.00 EUR Million Mar 2026
Remittances 109.03 101.92 EUR Million Dec 2025
Tourism Revenues 3046.20 2980.89 EUR Million Mar 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
1748.00 3558.40 19332.70 -10633.40 1942 - 2026 EUR Million Monthly

News Stream
Italy Current Account Surplus Expands in March
Italy’s current account surplus widened sharply to EUR 1.7 billion in March 2026 from EUR 0.3 billion in the same month a year ago. The primary income surplus rose significantly to EUR 2.3 billion, more than doubling from EUR 1.2 billion a year ago. The deficits in the services account (EUR -1.9 billion vs EUR -2.1 billion in March 2025) and secondary income (EUR -2.4 billion vs EUR -2.5 billion) also narrowed. Meanwhile, the goods surplus fell slightly to EUR 3.7 billion from EUR 3.8 billion.
2026-05-21
Italy Current Account Surplus Widens Sharply in February
Italy recorded a current account surplus of EUR 3.6 billion in February 2026, expanding sharply from EUR 1.1 billion in the same month a year earlier. This was the largest surplus since July 2025, driven by a wider goods surplus (EUR 4.9 billion vs EUR 4.5 billion in February 2025) and a sharp increase in the primary income surplus (EUR 1.1 billion vs EUR 0.2 billion). Additionally, the services deficit shrank to EUR 0.6 billion from EUR 1.6 billion last year, and the secondary income gap also edged down to EUR 1.8 billion from EUR 1.9 billion.
2026-04-17
Italy Current Account Deficit Narrows Sharply
Italy's current account deficit narrowed sharply to EUR 1.8 billion in January 2026, from EUR 4.2 billion in the same month of the previous year. The goods account surplus widened significantly to EUR 1.2 billion from EUR 0.2 billion in January 2025, while the services deficit marginally decreased to EUR 0.9 billion from EUR 1.1 billion. Additionally, the primary income surplus slightly rose to EUR 0.5 billion in January 2026 from EUR 0.1 billion a year earlier, and the secondary income deficit fell to EUR 2.6 billion from EUR 3.4 billion.
2026-03-20