Italy’s current account surplus narrowed to EUR 3.737 billion in February of 2021 from a EUR 4.830 billion in the corresponding month of the previous year. The goods surplus shrank to EUR 5.222 billion from EUR 6.395 billion and the primary income surplus fell to EUR 1.668 billion from EUR 1.843 billion. Meantime, the secondary income shortfall widened to EUR 2.097 billion from EUR 1.851 billion while the services gap declined to EUR 1.055 billion from EUR 1.557 billion. source: Banca d'Italia
Current Account in Italy averaged 85.42 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 May of 2021.
Current Account in Italy is expected to be 2400.00 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 1680.00 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.