Italy’s current account surplus narrowed to EUR 7,384.1 million in July 2026 from EUR 7,846.8 million in the corresponding month of the previous year. The services surplus narrowed to EUR 1,102.9 million from EUR 1,313.2 million last year, while the primary income balance swung to a deficit of EUR 116.0 million from a surplus of EUR 412.1 million. At the same time, the secondary income deficit widened to EUR 1,791.3 million from EUR 1,697.7 million. These were offset by a wider goods surplus, increasing to EUR 8,188.6 million from EUR 7,819.2 million. source: Banca d'Italia

Italy recorded a Current Account surplus of 7384.10 EUR Million in July of 2026. Current Account in Italy averaged 146.42 EUR Million from 1942 until 2026, 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. Italy Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Italy recorded a Current Account surplus of 7384.10 EUR Million in July of 2026. Current Account in Italy is expected to be 2150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Current Account is projected to trend around 3200.00 EUR Million in 2027 and 3400.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-19 08:00 AM
Current Account
Jun €5839M €627M €2680.0M
2026-09-18 08:00 AM
Current Account
Jul €7384M €5821M €5400.0M
2026-10-20 08:00 AM
Current Account
Aug €7384M €3800.0M


Related Last Previous Unit Reference
Balance of Trade 8240.00 4343.00 EUR Million Jul 2026
Capital Flows 8665.70 -1901.30 EUR Million Jul 2026
Current Account 7384.10 5820.70 EUR Million Jul 2026
Exports 64554.00 59787.00 EUR Million Jul 2026
External Debt 2838159.00 2824151.00 EUR Million Mar 2026
Foreign Direct Investment 8154.00 5367.00 EUR Million Jul 2026
Imports 56314.00 55444.00 EUR Million Jul 2026
Remittances 96.14 109.03 EUR Million Mar 2026
Tourism Revenues 7928.68 6795.29 EUR Million Jul 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
7384.10 5820.70 19332.70 -10633.40 1942 - 2026 EUR Million Monthly

News Stream
Italy Current Account Surplus Narrows in July
Italy’s current account surplus narrowed to EUR 7,384.1 million in July 2026 from EUR 7,846.8 million in the corresponding month of the previous year. The services surplus narrowed to EUR 1,102.9 million from EUR 1,313.2 million last year, while the primary income balance swung to a deficit of EUR 116.0 million from a surplus of EUR 412.1 million. At the same time, the secondary income deficit widened to EUR 1,791.3 million from EUR 1,697.7 million. These were offset by a wider goods surplus, increasing to EUR 8,188.6 million from EUR 7,819.2 million.
2026-09-18
Italy Current Account Surplus Narrows in June
Italy’s current account surplus amounted to EUR 5,838.8 million in June 2026, narrowing from EUR 6,639.4 million in the same month a year earlier, as surpluses in goods, services and primary income declined. The goods surplus fell to EUR 4,852.4 million from EUR 5,625.6 million, while the services surplus edged down to EUR 1,539.4 million from EUR 1,558.0 million. The primary income surplus also decreased to EUR 735.6 million from EUR 761.1 million. Meanwhile, the secondary income deficit narrowed slightly to EUR 1,288.7 million from EUR 1,305.2 million last year.
2026-08-19
Italy Current Account Surplus Shrinks in May
Italy’s current account surplus shrank to EUR 593.9 million in May 2026 from EUR 1,906.9 million in the same month of the previous year. This marked the smallest surplus since a deficit in January, as the goods surplus declined to EUR 5,224.4 million from EUR 6,171.5 million, while the services balance swung to a shortfall of EUR 118.2 million from a surplus of EUR 173.9 million a year earlier. The primary income deficit also widened to EUR 4,034.4 million from EUR 3,746.7 million. Meanwhile, the secondary income gap narrowed to EUR 477.9 million from EUR 691.8 million.
2026-07-17