Italy Current Account to GDP

Italy recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Italy averaged -0.74 Percent from 1980 until 2013, reaching an all time high of 3.20 Percent in 1996 and a record low of -3.70 Percent in 1981. Current Account to GDP in Italy is reported by the Eurostat.

   
 
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Italy Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
1.00 -0.30 3.20 -3.70 1980 - 2013 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.

Trade Last Previous Highest Lowest Unit
Balance of Trade 3675.63 3517.00 6382.91 -6389.31 EUR Million [+]
Exports 34630.24 32512.00 38136.48 5946.40 EUR Million [+]
Imports 30954.61 28995.00 38526.50 5285.80 EUR Million [+]
Current Account 1889.00 2033.00 19332.70 -11387.00 EUR Million [+]
Current Account to GDP 1.00 -0.30 3.20 -3.70 Percent [+]
External Debt 752405.00 742564.00 838388.00 524899.00 EUR Million [+]
Terms of Trade 102.70 102.80 113.90 91.40 Index Points [+]
Remittances 113.00 120.00 135.00 54.00 EUR Million [+]
Capital Flows 3836.00 -6710.30 27962.30 -15242.10 EUR Million [+]
Gold Reserves 2451.84 2451.84 2451.84 2451.84 Tonnes [+]





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