Ireland posted a current account surplus of EUR 18.4 billion in the first quarter of 2021, compared with a EUR 14.6 billion deficit in the same period last year. This was the highest surplus ever recorded as the services account switched to a EUR 3.7 billion surplus from a EUR 28.2 billion deficit and as the goods account surplus widened to EUR 43.7 billion from EUR 34.4 billion a year ago, amid reduced royalty imports and reduced R&D related intellectual property imports. Nevertheless, these improvements were partially offset by a significant deterioration of the primary income deficit to EUR 27.2 billion from EUR 19.7 billion, with the secondary income deficit also widening to EUR 1.3 billion from EUR 1.1 billion. source: Central Statistics Office Ireland
Current Account in Ireland averaged -234.39 EUR Million from 1981 until 2021, reaching an all time high of 18400 EUR Million in the first quarter of 2021 and a record low of -32602 EUR Million in the second quarter of 2019. This page provides - Ireland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Current Account in Ireland is expected to be 6800.00 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 Ireland to stand at 2960.00 in 12 months time. In the long-term, the Ireland Current Account is projected to trend around 1620.00 EUR Million in 2022, according to our econometric models.