Italy

ItalyCurrent account

IT desk: Italy first; euro area, Germany, France, United Kingdom and United States alongside.

1.15%

+0.05 pp

As of 2025 | % of GDP

Latest
1.15% 2025
Previous year
1.10% 2024
Min
-4.14% 1974
Max
3.94% 2020
YearValue
20251.15%
20241.10%
20230.25%
2022-1.83%
20212.04%
20203.94%
20193.23%
20182.57%
20172.48%
20162.46%
20151.23%
20141.71%
20131.04%
2012-0.22%
2011-2.74%
2010-3.24%
2009-1.77%
2008-2.69%
2007-1.36%
2006-1.45%
2005-0.90%
2004-0.50%
2003-0.77%
2002-0.49%
#CountryCurrent accountChangeYear
45Germany4.51%−1.39 pp202556Spain2.94%−0.24 pp202572Italy1.15%+0.05 pp202584France-0.27%−0.36 pp2025110United Kingdom-2.43%+0.53 pp2025131United States-3.63%+0.42 pp2025

What the current account is

The current-account balance as a share of GDP (BN.CAB.XOKA.GD.ZS) is exports minus imports of goods and services, plus net primary income and current transfers, divided by GDP. A surplus means the economy is a net lender to the rest of the world. Latest: 1.15% in 2025.

A large surplus or deficit is not automatically good or bad; it depends on saving, investment and the exchange rate. From 1970 to 2025 (56 years): latest 1.15% (2025), previous year 1.10% (2024); low -4.14% (1974), high 3.94% (2020).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).