The current account surplus in Israel narrowed to USD 1.764 billion in the third quarter of 2018 from USD 2.371 in the corresponding period of the previous year. The goods and services surplus declined to EUR 0.582 billion from EUR 1.019 billion in the July to September period of 2017 and the secondary income surplus fell to EUR 1.791 billion from EUR 2.371 billion. Additionally, the primary income gap rose to EUR 0.610 billion from EUR 0.554 billion a year earlier. Current Account in Israel averaged 376.33 USD Million from 1975 until 2018, reaching an all time high of 4530.20 USD Million in the third quarter of 2015 and a record low of -1750.20 USD Million in the second quarter of 1994.

Current Account in Israel is expected to be 1746.00 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 2168.52 in 12 months time. In the long-term, the Israel Current Account is projected to trend around 1650.00 USD Million in 2020, according to our econometric models.

Israel Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-08 11:00 AM Current Account $2.6B $2.5B $ 2.4B
2018-06-14 10:30 AM Current Account $1.9B $2.3B $ 2.5B
2018-09-17 11:25 AM Current Account $0.8B $1.5B $ 1.8B
2018-12-14 12:00 PM Current Account $1.8B $1.8B $ 1.8B
2019-03-10 11:00 AM Current Account $1.8B $ 1.7B
2019-06-14 10:30 AM Current Account $ 1.7B
2019-09-17 11:25 AM Current Account $ 1.7B


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1921.70 -1881.30 113.80 -3347.90 USD Million [+]
Current Account 1763.80 1787.50 4530.20 -1750.20 USD Million [+]
Current Account to GDP 4.10 3.60 4.80 -8.40 percent [+]
Imports 6521.30 6177.70 7537.40 33.10 USD Million [+]
Exports 4599.60 4296.40 5848.30 10.80 USD Million [+]
External Debt 92912.20 93283.70 117188.00 18963.00 USD Million [+]
Terms of Trade 105.70 108.64 120.76 87.22 Index Points [+]
Capital Flows -2301.30 3270.70 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 37190.50 35541.80 37190.50 -10028.10 USD Million [+]
Remittances 1191.50 1335.90 1541.60 46.60 USD Million [+]
Tourist Arrivals 285.60 325.60 485.80 15.31 Thousand [+]
Terrorism Index 4.58 5.06 6.86 4.58 [+]
Weapons Sales 1263.00 1433.00 1433.00 4.00 USD Million [+]
Crude Oil Production 0.39 0.39 0.39 0.06 BBL/D/1K [+]

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Israel 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 the latest reported value for - Israel Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1763.80 1787.50 4530.20 -1750.20 1975 - 2018 USD Million Quarterly
SA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 23.25 Nov/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4805.70 Nov/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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