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.
Current Account in Israel averaged 415.80 USD Million from 1975 until 2019, reaching an all time high of 4385.90 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.
Current Account in Israel is expected to be 1510.00 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.