The current account surplus in Italy widened to EUR 4.9 billion in November of 2019 from EUR 3.9 billion a year earlier. The goods surplus increased to EUR 5.9 billion from EUR 4.4 billion a year ago while the services shortfall went down to EUR 1.3 billion from EUR 1.6 billion. On the other hand, the primary income surplus narrowed to EUR 1.9 billion from EUR 2.5 billion while the secondary income gap rose to EUR 1.6 billion from EUR 1.4 billion. In the twelve months ending in November 2019 the current account surplus amounted to EUR 52.3 billion from EUR 47.4 billion in the corresponding period of 2018.
Current Account in Italy averaged 13.61 EUR Million from 1942 until 2019, reaching an all time high of 19332.70 EUR Million in July of 1981 and a record low of -10633.40 EUR Million in August of 1981. This page provides - Italy Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banca d'Italia
Current Account in Italy is expected to be 2460.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Italy to stand at 2210.00 in 12 months time. In the long-term, the Italy Current Account is projected to trend around 1910.00 EUR Million in 2020, according to our econometric models.