The current account surplus in Israel rose to USD 4.21 billion in the second quarter of 2019 from USD 2.0 billion in the corresponding period of 2018. The goods and services surplus jumped to USD 1.55 billion from USD 0.12 billion a year earlier; the primary income surplus widened to USD 0.59 billion from USD 0.08 billion and the secondary income surplus advanced to USD 2.07 billion from USD 1.85 billion. Current Account in Israel averaged 416.15 USD Million from 1975 until 2019, reaching an all time high of 4362.60 USD Million in the second quarter of 2014 and a record low of -1750.20 USD Million in the second quarter of 1994.

Current Account in Israel is expected to be 3200.00 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 2150.00 in 12 months time. In the long-term, the Israel Current Account is projected to trend around 2150.00 USD Million in 2020, according to our econometric models.

Israel Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-14 12:00 PM Current Account Q3 $1.8B $1.8B $ 1.8B
2019-03-10 11:00 AM Current Account Q4 $4.2B $2.9B $ 1.7B
2019-06-17 10:30 AM Current Account Q1 $2.6B $2.8B $1.7B
2019-09-15 10:00 AM Current Account Q2 $4.2B $2.8B $2.0B
2019-12-15 11:00 AM Current Account Q3 $4.2B $3.2B


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1713.50 -3033.20 113.80 -3033.20 USD Million [+]
Current Account 4207.00 2768.00 4362.60 -1750.20 USD Million [+]
Current Account to GDP 1.90 2.60 5.30 -8.40 percent [+]
Imports 6080.10 7233.10 7233.10 33.10 USD Million [+]
Exports 4366.60 4199.90 5848.30 10.80 USD Million [+]
External Debt 97463.60 97197.30 115301.00 18963.00 USD Million [+]
Terms of Trade 106.40 105.70 120.76 87.22 Index Points [+]
Capital Flows 616.40 -1306.80 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 46870.40 45524.90 46870.40 -10028.10 USD Million [+]
Remittances 1224.80 1311.30 1541.60 46.60 USD Million [+]
Tourist Arrivals 405.00 305.00 486.00 15.00 Thousand [+]
Terrorism Index 4.58 5.06 6.86 4.58 [+]
Weapons Sales 707.00 1254.00 1441.00 4.00 USD Million [+]
Crude Oil Production 0.39 0.39 0.39 0.06 BBL/D/1K [+]


Israel Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4207.00 2768.00 4362.60 -1750.20 1975 - 2019 USD Million Quarterly
SA




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 29.84 Jul/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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