Italy

Current account balance

The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.

Current account balance - Italy

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The reading right now

As of January 2024, Current account balance for Italy stood at 1.08%. That is up 0.86 percentage points from the prior year. Over the trailing five years, the series has averaged 1.45%, ranging from a low of -1.83% in January 2022 to a high of 3.94% in January 2020. The current reading sits 0.66 percentage points below its trailing ten-year mean of 1.74%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.