The current account surplus in Israel rose to USD 2.60 billion in the first quarter of 2019 from USD 1.73 billion in the corresponding period of 2018. The goods and services account recorded a USD 832 million surplus swinging from a USD 77 million deficit a year ago while the primary income gap narrowed to USD 55 million from USD 333 million. Meanwhile, the secondary income surplus decreased to USD 1,830 million from USD 2,145 million in Q1 of the previous year. Current Account in Israel averaged 410.45 USD Million from 1975 until 2019, reaching an all time high of 4288 USD Million in the third quarter of 2015 and a record low of -1750.20 USD Million in the second quarter of 1994.

Current Account in Israel is expected to be 1950.00 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 1510.00 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
2018-09-17 11:25 AM Current Account $0.8B $1.5B $ 1.8B
2018-12-14 12:00 PM Current Account $1.8B $1.8B $ 1.8B
2019-03-10 11:00 AM Current Account $4.2B $2.9B $ 1.7B
2019-06-17 10:30 AM Current Account $2.6B $2.8B $1.7B
2019-09-17 11:25 AM Current Account $2.6B $2.0B
2019-12-14 12:00 PM Current Account $3.2B


Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1534.30 -2302.30 113.80 -3019.00 USD Million [+]
Current Account 2607.00 2764.00 4288.00 -1750.20 USD Million [+]
Current Account to GDP 1.90 2.60 5.30 -8.40 percent [+]
Imports 5843.50 6225.00 7049.70 33.10 USD Million [+]
Exports 4309.20 3922.70 5848.30 10.80 USD Million [+]
External Debt 92080.60 92912.20 117188.00 18963.00 USD Million [+]
Terms of Trade 106.40 105.70 120.76 87.22 Index Points [+]
Capital Flows -1870.00 1966.00 8287.20 -3525.60 USD Million [+]
Foreign Direct Investment 44442.90 37190.50 44442.90 -10028.10 USD Million [+]
Remittances 1284.70 1191.50 1541.60 46.60 USD Million [+]
Tourist Arrivals 439.90 405.10 485.70 15.31 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 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2607.00 2764.00 4288.00 -1750.20 1975 - 2019 USD Million Quarterly
SA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 17215.95 Mar/19
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


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