Israel recorded a Current Account surplus of 3806.40 USD Million in the first quarter of 2020.

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 October of 2020.

Current Account in Israel is expected to be 1980.00 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.

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Israel Current Account

Actual Previous Highest Lowest Dates Unit Frequency
3806.40 3545.00 4476.60 -1750.20 1975 - 2020 USD Million Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-15 10:00 AM Q2 $4.2B $2.8B $2.0B
2019-12-15 11:10 AM Q3 $3.9B $4.2B $3.2B
2020-03-09 11:00 AM Q4 $3.5B $2.9B $ 3.2B
2020-06-15 11:00 AM Q1 $3.8B $3.5B $ 1.5B
2020-12-14 11:00 AM Q3


News Stream
Israel Current Account Surplus Widens in Q1
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.
2020-06-15
Israel Current Account Surplus Widens in Q4
The current account surplus in Israel rose to USD 3.46 billion in the fourth quarter of 2019 from USD 2.71 billion in the corresponding period of 2018, as the goods and services surplus increased to USD 1.24 billion from USD 0.55 billion a year ago. Meantime, the primary income went up to USD 0.43 billion from USD 0.29 billion while the secondary income surplus fell slightly to USD 1.79 billion from USD 1.88 billion. Considering the full year of 2019, the country's current account surplus widened sharply to USD 13.72 billion, the highest value since 2015, from USD 9.50 billion a year ago.
2020-03-09
Israel Current Account Surplus Widens in Q3
The current account surplus in Israel rose to USD 3.93 billion in the third quarter of 2019 from USD 2.98 billion in the corresponding period of 2018. The goods and services surplus went up to USD 1.82 billion from USD 1.02 billion a year earlier, as the services surplus rose to USD 5.82 billion from USD 5.51 billion and the goods deficit shrank to USD 4.0 billion from USD 4.49 billion. Also, the secondary income surplus increased to USD 2.03 billion from USD 1.78 billion. In contrast, the primary income surplus fell to USD 0.08 billion from USD 0.18 billion in the same period of 2018.
2019-12-15

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).