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Italy - Current account balance as a share of GDP

2.8 (%) in 2017

In 2017, current account balance as a share of GDP for Italy was 2.8 %. Though Italy current account balance as a share of GDP fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 2.8 % in 2017.

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What is current account balance as a share of GDP?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Italy current account balance as a share of GDP?

Date Value Change, %
2017 2.8 7.58 %
2016 2.6 69.27 %
2015 1.5 -21.12 %
2014 1.9 91.99 %
2013 1.0 -395.56 %
2012 -0.3 -88.72 %
2011 -3.0 -12.19 %
2010 -3.4 80.62 %
2009 -1.9 -32.97 %
2008 -2.8 102.73 %
2007 -1.4 -7.52 %
2006 -1.5