Italy's current account surplus decreased to EUR 3.15 billion in September of 2018 from EUR 4.72 billion in the same month of the previous year. It is the smallest current account surplus since May, as the goods surplus fell markedly to EUR 1.97 billion from EUR 4.59 billion and the secondary income gap rose to EUR 1.34 billion from EUR 1.25 billion. On the other hand, the services surplus widened to EUR 0.58 billion from EUR 0.39 billion; and the primary income surplus also increased to EUR 1.94 billion from EUR 0.98 billion. Considering the third quarter of 2018, the current account surplus narrowed to EUR 15.7 billion from EUR 17.4 billion in the same period of 2017. Current Account in Italy averaged -20.33 EUR Million from 1942 until 2018, 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 5760.00 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 3870.00 in 12 months time. In the long-term, the Italy Current Account is projected to trend around 2510.00 EUR Million in 2020, according to our econometric models.

Italy Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 09:00 AM Current Account €5135M €2362M €5150M
2018-09-19 08:45 AM Current Account €8607M €5338M €7820M
2018-10-19 09:00 AM Current Account €4994M €7544M €4560M
2018-11-19 10:00 AM Current Account €3154M €5049M €4150M
2018-12-20 10:00 AM Current Account €3154M €6550M
2019-01-18 10:00 AM Current Account
2019-02-19 09:30 AM Current Account € 5760M


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 1274.37 2491.30 7902.67 -6389.30 EUR Million [+]
Current Account 3154.00 5049.00 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.80 2.60 2.90 -3.70 percent [+]
Exports 36915.52 30852.74 42747.61 5946.40 EUR Million [+]
Imports 35641.16 28361.44 38526.50 5285.80 EUR Million [+]
External Debt 2138556.00 2177794.00 2177794.00 524899.00 EUR Million [+]
Terms of Trade 99.70 99.60 105.50 83.40 Index Points [+]
Capital Flows 1040.00 6172.00 17094.70 -27541.10 EUR Million [+]
Remittances 141.61 154.33 202.52 96.92 EUR Million [+]
Gold Reserves 2451.80 2451.80 2451.84 2451.80 Tonnes [+]
Terrorism Index 2.75 2.36 3.71 1.98 [+]
Tourism Revenues 4814.15 6037.83 6037.83 1128.47 EUR Million [+]
Weapons Sales 660.00 670.00 1715.00 8.00 USD Million [+]
Crude Oil Production 83.00 80.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment 153.00 1848.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3154.00 5049.00 19332.70 -10633.40 1942 - 2018 EUR Million Monthly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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