Italy posted a current account deficit of EUR 1.516 billion in February of 2022, swinging from a EUR 3.665 billion surplus in the corresponding period of the previous year. It was the second consecutive current account gap, as the goods account swung to a deficit of EUR 417 million from a EUR 5.315 billion surplus. On the other hand, the services account gap narrowed to EUR 1.25 billion from EUR 1.545 billion, while the primary account surplus widened to EUR 2.473 billion from EUR 2.247 billion and the secondary account gap slightly narrowed to EUR 2.322 billion from EUR 2.351 billion. source: Banca d'Italia
Current Account in Italy averaged 121.86 EUR Million from 1942 until 2022, 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 2022.
Current Account in Italy is expected to be 2860.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Current Account is projected to trend around 1510.00 EUR Million in 2023, according to our econometric models.