Italy Current Account to GDP  1980-2016 | Data | Chart | Calendar

Italy is expected to record a current account surplus equivalent to 2.2 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Italy averaged -0.68 percent from 1980 until 2014, reaching an all time high of 2.90 percent in 1996 and a record low of -3.70 percent in 1981. Current Account to GDP in Italy is reported by the Eurostat.

Italy Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
2.20 0.90 2.90 -3.70 1980 - 2015 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Italy Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 4409.43 4817.06 8068.53 -6389.30 EUR Million [+]
Exports 35232.60 36867.09 41055.27 5946.40 EUR Million [+]
Imports 30823.17 32050.03 38526.50 5285.80 EUR Million [+]
Current Account 4460.40 6131.00 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.20 0.90 2.90 -3.70 percent [+]
External Debt 858710.00 850781.00 899260.00 524899.00 EUR Million [+]
Terms of Trade 112.00 111.10 113.90 91.40 Index Points [+]
Capital Flows 6128.50 16186.00 16359.40 -27627.60 EUR Million [+]
Remittances 221.00 188.00 221.00 97.00 EUR Million [+]
Gold Reserves 2451.84 2451.84 2451.84 2451.84 Tonnes [+]
Crude Oil Production 103.00 100.00 120.00 62.65 BBL/D/1K [+]
Foreign Direct Investment 4327.20 -496.50 14203.00 -10786.60 EUR Million [+]
Terrorism Index 3.36 2.88 3.71 1.98 [+]




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