The current account surplus in Israel rose to USD 3.81 billion in the first quarter of 2020 from USD 3.11 billion in the corresponding period of 2019, as the goods and services surplus widened to USD 2.79 billion from USD 1.71 billion a year ago. On the other hand, the primary income deficit rose to USD 1.20 billion from USD 0.51 billion while the secondary income increased to USD 2.21 billion from USD 1.91 billion.
Current Account in Israel averaged 452.64 USD Million from 1975 until 2020, reaching an all time high of 4476.60 USD Million in the third quarter of 2015 and a record low of -1750.20 USD Million in the second quarter of 1994. This page provides the latest reported value for - Israel Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Current Account in Israel is expected to be 2150.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Israel to stand at 1980.00 in 12 months time. In the long-term, the Israel Current Account is projected to trend around 2150.00 USD Million in 2021, according to our econometric models.