Italy vs Spain: Economic Outlook No 117 — Current account balance, residual item

Italy
1.00 billion
in 2026
Spain
1.51 billion
in 2026
Italy rank
7th
Spain rank
5th

Economic Outlook No 117 — Current account balance, residual item over time

  • Italy
  • Spain
-5.0B-2.5B02.5B5.0B7.5B197119982026

How they compare

Spain currently reports 1.51 billion against 1.00 billion in Italy, a difference of 505.89 million.

That makes Spain's figure about 1.5 times Italy's.

The two have swapped places 8 times across 52 shared years of data; in 1975 it was Spain ahead.

Italy ranks 7th and Spain ranks 5th of 34 countries.

Across the 6 decades both report, Italy averaged higher in 2 and Spain in 4.

Head to head by decade

Decade Italy Spain Difference Ahead
1970s -896.30 million 6.77 million 903.07 million Spain
1980s -2.72 billion 212.84 million 2.93 billion Spain
1990s -1.40 billion 156.89 million 1.56 billion Spain
2000s -592.20 million 700,000 592.90 million Spain
2010s 386.14 million 200,000 385.94 million Italy
2020s 1.70 billion 430.54 million 1.27 billion Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — current account balance, residual item, Italy or Spain?
Spain, at 1.51 billion against 1.00 billion in Italy as of 2026.
What is the difference in economic outlook no 117 — current account balance, residual item between Italy and Spain?
505.89 million, with Spain ahead.
How many years of comparable data are there for Italy and Spain?
52 years are reported by both, from 1975 to 2026.
How do Italy and Spain rank globally for economic outlook no 117 — current account balance, residual item?
Italy ranks 7th and Spain ranks 5th of 34 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Current account balance, residual item. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Spain: Economic Outlook No 117 — Current account balance, residual item. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-current-account-balance-residual-item/italy/spain/

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About this data

Indicator
Economic Outlook No 117 — Current account balance, residual item
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,023 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP