Italy’s current account surplus widened to EUR 3882 million in May of 2021 from EUR 2983 million in the corresponding month of the previous year. The goods surplus rose to EUR 6213 million from EUR 5869 million in May of 2020 and the services gap narrowed to EUR 1050 million from EUR 1209 million. Also, the primary income account recorded a surplus of EUR 52 million, switching from a EUR 496 deficit while the secondary income gap went up to EUR 1333 million from EUR 1180 million. source: Banca d'Italia
Current Account in Italy averaged 99.01 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 July of 2021.
Current Account in Italy is expected to be 1980.00 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 2650.00 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.