Italy posted a current account surplus pf EUR 710 million in January of 2021, compared to a EUR 988 million deficit in the corresponding month of the previous year. The goods surplus widened sharply to EUR 1,813 million from EUR 874 million and the services gap narrowed to EUR 499 million from EUR 1,257 million. Also, the primary income surplus rose to EUR 1,000 million from EUR 700 million while the secondary income shortfall went up to EUR 1,604 million from EUR 1,305 million. source: Banca d'Italia
Current Account in Italy averaged 78.45 EUR Million from 1942 until 2021, 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 April of 2021.
Current Account in Italy is expected to be 1900.00 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 1910.00 in 12 months time. In the long-term, the Italy Current Account is projected to trend around 1750.00 EUR Million in 2022 and 1510.00 EUR Million in 2023, according to our econometric models.