Italy recorded a Current Account surplus of 1665.30 EUR Million in May of 2025. This dataset provides - Italy Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Italy Current Account Balance

• Italy Current Account recorded a deficit of 1.7 USD bn in Apr 2023, compared with a surplus of 4.0 USD bn in the previous month.
• Italy Current Account Balance: USD mn data is updated monthly, available from Jan 1970 to Apr 2023, with an averaged value of -70.6 USD mn.
• The data reached an all-time high of 12.0 USD bn in Jul 2020 and a record low of -11.7 USD bn in Jan 2011.
• CEIC converts monthly Current Account Balance into USD. The Bank of Italy provides Current Account Balance in EUR based on BPM6. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to January 1995 is based on BPM5.
• Foreign Direct Investment (FDI) increased by 1.4 USD bn in Apr 2023.
• Italy Direct Investment Abroad expanded by 320.2 USD mn in Apr 2023.
• Its Foreign Portfolio Investment increased by 12.0 USD bn in Mar 2023.
• The country's Nominal GDP was reported at 538.7 USD bn in Mar 2023.

Italy recorded a Current Account surplus of 1.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Italy Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Italy Current Account Balance: % of GDP

• Italy Current Account surplus accounted for 1.6 % of the country's Nominal GDP in Dec 2024, compared with a 1.9 % surplus in the previous quarter.
• Italy Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1980 to Dec 2024, with an average value of -0.2 %.
• The data reached an all-time high of 5.9 % in Sep 2020 and a record low of -6.2 % in Mar 1981.

CEIC calculates Current Account Balance as % of Nominal GDP from monthly Current Account Balance and quarterly Nominal GDP. The Bank of Italy provides Current Account Balance in EUR based on BPM6. Italian National Institute of Statistics provides Nominal GDP in EUR based on ESA 2010. Current Account Balance as % of Nominal GDP prior to Q1 1995 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on ESA 1995.


Key information about Italy Current Account Balance: % of GDP

• In the latest reports of Italy, Current Account recorded a deficit of 1.7 USD bn in Apr 2023.
• Foreign Direct Investment (FDI) increased by 4.8 USD bn in Dec 2024.
• Italy Direct Investment Abroad expanded by 3.2 USD bn in Nov 2024.
• Its Foreign Portfolio Investment increased by 32.2 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 538.7 USD bn in Mar 2023.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Italy (DISCONTINUED) (BPBLTD01ITQ636S) from Q1 1988 to Q1 2014 about current account, Italy, BOP, trade, and goods.

Italy IT: BOP: Current Account: Balance: % of GDP data was reported at 2.808 % in 2017. This records an increase from the previous number of 2.563 % for 2016. Italy IT: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -0.305 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3.054 % in 1996 and a record low of -4.158 % in 1974. Italy IT: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Current account balance (% of GDP) in Italy was reported at --0.01075 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Current account balance (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Italy - Balance of payments, current account was EUR1665.00 Million in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Balance of payments, current account - last updated from the EUROSTAT on July of 2025. Historically, Italy - Balance of payments, current account reached a record high of EUR8431.00 Million in July of 2021 and a record low of EUR-7285.00 Million in August of 2022.

Graph and download economic data for Total Current Account Balance for Italy (DISCONTINUED) (BPBLTT01ITQ188S) from Q1 1995 to Q1 2014 about current account, Italy, and BOP.

Italy: Current account balance forecast, percent of GDP: The latest value from 2030 is 1.98 percent, an increase from 1.48 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for Italy from 1980 to 2030 is 0.06 percent. The minimum value, -3.55 percent, was reached in 1981 while the maximum of 3.76 percent was recorded in 2020.

Italy IT: BOP: Current Account: Balance data was reported at 54.333 USD bn in 2017. This records an increase from the previous number of 47.656 USD bn for 2016. Italy IT: BOP: Current Account: Balance data is updated yearly, averaging -2.705 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 54.333 USD bn in 2017 and a record low of -73.018 USD bn in 2010. Italy IT: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for Total Current Account Balance for Italy (DISCONTINUED) (BPBLTT01ITA188S) from 1995 to 2013 about current account, Italy, and BOP.

Italy - Current account balance was 0.00 % of GDP in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Current account balance - last updated from the EUROSTAT on July of 2025. Historically, Italy - Current account balance reached a record high of 5.80 % of GDP in September of 2020 and a record low of -5.50 % of GDP in March of 2011.

Italy IT: BOP: Current Account: Net Trade: Goods data was reported at 63.306 USD bn in 2017. This records a decrease from the previous number of 63.820 USD bn for 2016. Italy IT: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 290.246 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 63.820 USD bn in 2016 and a record low of -29.073 USD bn in 2010. Italy IT: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for Current Account Balance: Total Services for Italy (DISCONTINUED) (BPBLSE01ITA636S) from 1988 to 2013 about current account, Italy, BOP, and services.

Italy IT: BOP: Current Account: Trade in Services: % of GDP data was reported at 11.692 % in 2017. This records an increase from the previous number of 11.014 % for 2016. Italy IT: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 8.686 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 11.692 % in 2017 and a record low of 6.097 % in 1974. Italy IT: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Italy IT: BOP: Current Account: Net Trade: Goods and Services data was reported at 59.062 USD bn in 2017. This records a decrease from the previous number of 60.702 USD bn for 2016. Italy IT: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 1.670 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 62.155 USD bn in 1996 and a record low of -41.483 USD bn in 2010. Italy IT: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Italy - Current account, debit was 40.10 % of GDP in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Current account, debit - last updated from the EUROSTAT on July of 2025. Historically, Italy - Current account, debit reached a record high of 44.50 % of GDP in September of 2022 and a record low of 23.30 % of GDP in December of 1996.

Italy IT: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 17.728 USD bn in 2017. This records an increase from the previous number of 15.517 USD bn for 2016. Italy IT: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 6.105 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 22.930 USD bn in 2007 and a record low of 235.200 USD mn in 1970. Italy IT: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Italy IT: BOP: Current Account: Imports: Service data was reported at 115.229 USD bn in 2017. This records an increase from the previous number of 103.958 USD bn for 2016. Italy IT: BOP: Current Account: Imports: Service data is updated yearly, averaging 47.345 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 132.179 USD bn in 2008 and a record low of 3.520 USD bn in 1970. Italy IT: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.