Italy's current account surplus widened to EUR 4.04 billion in March 2019 from EUR 3.21 billion in the same month of the previous year, as the primary income surplus widened to EUR 2.17 billion from EUR 1.46 billion. In addition, the services deficit narrowed to EUR 1.18 billion from 1.30 billion last year and the secondary income gap declined to EUR 2.17 billion from EUR 2.24 billion. The goods surplus edged lower to EUR 5.22 billion from EUR 5.29 billion a year ago. Considering the first quarter as a whole, the current account surplus widened to EUR 7.17 billion from EUR 4.34 billion in the same period of 2018. Current Account in Italy averaged -6.01 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.

Current Account in Italy is expected to be 4750.00 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 2460.00 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.

Italy Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-19 10:00 AM Current Account €4211M €4565M €3760M
2019-03-22 10:00 AM Current Account €3M €4447M €-1200M
2019-04-17 09:00 AM Current Account €3253M €-122M €1950M
2019-05-20 09:00 AM Current Account €4040M €3250M €2720M
2019-06-19 09:00 AM Current Account €4040M €2450M
2019-07-19 09:00 AM Current Account €1420M
2019-08-16 09:00 AM Current Account €4750M


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 4625.00 3238.00 7902.67 -6389.30 EUR Million [+]
Current Account 4040.10 3250.10 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.50 2.80 2.90 -3.70 percent [+]
Imports 36894.65 34240.09 39938.06 5285.80 EUR Million [+]
Exports 41520.06 37478.47 43756.10 5946.40 EUR Million [+]
External Debt 2113580.00 2139097.00 2177794.00 524899.00 EUR Million [+]
Terms of Trade 101.80 100.50 105.50 83.40 Index Points [+]
Capital Flows 4343.20 -1556.60 17094.70 -27541.10 EUR Million [+]
Remittances 131.01 148.11 202.52 96.92 EUR Million [+]
Gold Reserves 2451.80 2451.80 2451.84 2451.80 Tonnes [+]
Terrorism Index 2.74 2.75 3.71 1.98 [+]
Tourism Revenues 2521.66 1939.73 5854.26 1128.47 EUR Million [+]
Weapons Sales 660.00 670.00 1715.00 8.00 USD Million [+]
Crude Oil Production 87.00 85.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment -2117.00 3912.00 14203.00 -10787.00 EUR Million [+]

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



Italy 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 - Italy Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4040.10 3250.10 19332.70 -10633.40 1942 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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