Ireland recorded a Current Account surplus of 14993 EUR Million in the second quarter of 2021. source: Central Statistics Office Ireland

Current Account in Ireland averaged -113.13 EUR Million from 1981 until 2021, reaching an all time high of 19040 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 November of 2021.

Current Account in Ireland is expected to be 22100.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Current Account is projected to trend around 14600.00 EUR Million in 2022 and 9800.00 EUR Million in 2023, according to our econometric models.

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Ireland Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 10:00 AM Q1 €18.4B €7.1B €4.5B
2021-09-02 10:00 AM Q2 €15 B €19.04B
2021-12-17 11:00 AM Q3 €15B €22.1B


Related Last Previous Unit Reference
Balance of Trade 6286389.00 5382839.00 EUR Thousand Sep/21
Current Account 14993.00 19040.00 EUR Million Jun/21
Exports 14539667.00 13107703.00 EUR Thousand Sep/21
Imports 8253278.00 7724865.00 EUR Thousand Sep/21
External Debt 2710932.00 2743534.00 EUR Million Jun/21
Terms of Trade 97.40 98.10 points Aug/21
Capital Flows 20702.00 12023.00 EUR Million Jun/21
Foreign Direct Investment -18325.00 -19869.00 EUR Million Mar/21

News Stream
Irish Current Account Surplus Widens In Q2
Ireland posted a current account surplus of EUR 15 billion in the second quarter of 2021, compared to downwardly revised EUR 9.9 billion surplus in the corresponding period of the previous year due to reduced imports of R&D related intellectual property. The goods account surplus widened to EUR 42.3 billion from EUR 33.4 billion a year ago and the services account swung to surplus of EUR 2.9 billion compared to EUR 0.8 billion deficit. Meanwhile, these improvements were partially offset by a significant deterioration of the primary income deficit to EUR 29.3 billion from EUR 21.8 billion, with the secondary income gap also slightly widening to EUR 0.98 billion from EUR 0.974 billion.
2021-09-02
Irish Current Account Posts Record Surplus
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.
2021-06-04
Irish Current Account Swings to Surplus
Ireland posted a current account surplus of EUR 7.1 billion in the fourth quarter of 2020, compared with a EUR 28.6 billion deficit in the same period last year. The goods surplus widened to EUR 34.2 billion from EUR 29.2 billion a year ago, while the services gap shrank to EUR 5.6 billion from EUR 37.3 billion. Meanwhile, the primary income deficit increased slightly to EUR 20.4 billion from EUR 19.8 billion, and the secondary income gap advanced to EUR 1.1 billion from EUR 0.7 billion. Considering 2020 full year, Ireland recorded a EUR 16.9 billion surplus, compared with a EUR 40.4 billion deficit in 2019.
2021-03-05

Ireland 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).