Ireland posted a current account surplus of EUR 1.5 billion in the fourth quarter of 2021, compared to EUR 10.9 billion surplus in the corresponding period of the previous year amid increased R&D and royalty imports. The services deficit expanded to EUR 15.8 billion from EUR 5.5 billion in the same period last year. At the same time, the primary income gap widened to EUR 22.5 billion from EUR 17.7 billion and the secondary income deficit rose slightly to EUR 1.4 billion from EUR 1 billion. Meanwhile, these deteriorations were partially offset by an improvement in primary income surplus to EUR 41.3 billion from EUR 35.1 billion a year ago. source: Central Statistics Office Ireland
Current Account in Ireland averaged -147.32 EUR Million from 1981 until 2021, reaching an all time high of 23259 EUR Million in the third quarter of 2021 and a record low of -45924 EUR Million in the first quarter of 2020. 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 May of 2022.
Current Account in Ireland is expected to be 17800.00 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 9800.00 EUR Million in 2023, according to our econometric models.