Italy Current Account to GDP  1980-2017 | Data | Chart | Calendar

Italy recorded a Current Account surplus of 2.60 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Italy averaged -0.48 percent from 1980 until 2016, reaching an all time high of 2.90 percent in 1996 and a record low of -3.70 percent in 1981.

Italy Current Account to GDP
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Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 3989.78 2760.53 7902.67 -6389.30 EUR Million [+]
Exports 38054.97 29382.84 42284.43 5946.40 EUR Million [+]
Imports 34065.20 26622.31 38526.50 5285.80 EUR Million [+]
Current Account 4307.00 3721.00 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.60 1.40 2.90 -3.70 percent [+]
External Debt 2114116.00 2144501.00 2145272.00 524899.00 EUR Million [+]
Terms of Trade 113.00 112.80 115.60 91.40 Index Points [+]
Capital Flows 6176.00 7783.00 17094.70 -27541.10 EUR Million [+]
Remittances 179.80 173.82 202.52 96.92 EUR Million [+]
Gold Reserves 2451.84 2451.84 2451.84 2451.84 Tonnes [+]
Terrorism Index 2.36 3.36 3.71 1.98 [+]
Tourism Revenues 4434.94 5745.00 5745.00 1128.47 EUR Million [+]
Weapons Sales 802.00 692.00 1715.00 8.00 USD Million [+]
Crude Oil Production 27.00 26.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment -840.00 103.00 14203.00 -10787.00 EUR Million [+]

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



Italy Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Italy Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 1.40 2.90 -3.70 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16