Italy’s current account surplus shrank to EUR 8.17 billion in October of 2020 from EUR 9.63 in the same month of the previous year. The goods surplus decreased to EUR 7.29 billion from EUR 8.19 billion a year earlier and the services deficit went up to EUR 0.84 billion from EUR 0.47 billion. At the same time, the primary income surplus rose to EUR 2.92 billion from EUR 2.57 billion while the secondary income gap widened sharply to EUR 1.19 billion from EUR 0.66 billion in October of 2019. source: Banca d'Italia
Current Account in Italy averaged 61.79 EUR Million from 1942 until 2020, 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 January of 2021.
Current Account in Italy is expected to be 2210.00 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 1980.00 in 12 months time. In the long-term, the Italy Current Account is projected to trend around 1910.00 EUR Million in 2021 and 1750.00 EUR Million in 2022, according to our econometric models.