Italy: Current account, in dollars

* indicates monthly or quarterly data series
 Italy

Current account balance, billion USD

 Latest value -30.22
 Year 2022
 Measure billion U.S. dollars
 Data availability 1970 - 2022
 Average 1.64
 Min - Max -70.82 - 75.1
 Source The World Bank
For that indicator, we provide data for Italy from 1970 to 2022. The average value for Italy during that period was 1.64 billion U.S. dollars with a minimum of -70.82 billion U.S. dollars in 2010 and a maximum of 75.1 billion U.S. dollars in 2020. The latest value from 2022 is -30.22 billion U.S. dollars. For comparison, the world average in 2022 based on 153 countries is 1.92 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Italy - Current account, in dollars - recent values

Historical chart
Italy - Current account, in dollars - historical chart - 1970-2022




Definition: 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.


 Related indicators Latest value Reference Measure
 Terms of trade 99.14 2021 percent
 Trade openness 74.78 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 36.63 2022 percent
 Exports, billion dollars 750.82 2022 billion U.S. dollars
 Growth of exports 9.94 2022 percent
 Imports, percent of GDP 38.15 2022 percent
 Imports, billion dollars 781.90 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.06 2022 percent
 Foreign Direct Investment, billion dollars 31.23 2022 billion U.S. dollars
 Portfolio investment inflows, equities -11,488.85 2022 million dollars (current)
 Current account, percent of GDP 0.50 2023 percent
 Current account, in dollars -30.22 2022 billion U.S. dollars
 Trade balance, percent of GDP -1.52 2022 percent
 Trade balance, in dollars -29.99 2022 billion U.S. dollars
 Reserves 224.58 2022 billion U.S. dollars
 Remittances, percent of GDP 0.51 2022 percent
 Remittances 10,529.55 2022 million U.S. dollars
 Net errors and omissions 10,848.32 2022 million USD
 Foreign exchange reserves 216.02 9/2023 billion
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