Current account balance as a proportion of GDP in Italy
Italy: Current account balance as a proportion of GDP was 1.1% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Italy, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Italy recorded 1.1% for current account balance as a proportion of gdp in 2024.
Compared with earlier readings it is up 382.7% on the previous year and down 36.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Italy peaked at 3.9% in 2020 and was at its lowest, -3.2%, in 2010.
Italy ranks 76th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Italy, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -0.3% | — |
| 2001 | 0.2% | -157.3% |
| 2002 | -0.5% | -416.4% |
| 2003 | -0.8% | +56.5% |
| 2004 | -0.5% | -35.4% |
| 2005 | -0.9% | +80.9% |
| 2006 | -1.4% | +61.3% |
| 2007 | -1.4% | -6.3% |
| 2008 | -2.7% | +98.2% |
| 2009 | -1.8% | -34.0% |
| 2010 | -3.2% | +82.9% |
| 2011 | -2.7% | -15.5% |
| 2012 | -0.2% | -92.1% |
| 2013 | 1.0% | -582.4% |
| 2014 | 1.7% | +64.7% |
| 2015 | 1.2% | -27.9% |
| 2016 | 2.5% | +99.6% |
| 2017 | 2.5% | +0.7% |
| 2018 | 2.6% | +3.7% |
| 2019 | 3.2% | +25.8% |
| 2020 | 3.9% | +21.7% |
| 2021 | 2.0% | -48.2% |
| 2022 | -1.8% | -189.7% |
| 2023 | 0.2% | -112.3% |
| 2024 | 1.1% | +382.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.0% | -2.7% | 0.2% | 10 |
| 2010s | 0.9% | -3.2% | 3.2% | 10 |
| 2020s | 1.1% | -1.8% | 3.9% | 5 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 2.2 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.2852 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,352 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.24 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2557 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,073 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 8.66 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2183 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Italy?
- Current account balance as a proportion of gdp in Italy was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Italy?
- The highest recorded value was 3.9% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Italy?
- The lowest recorded value was -3.2% in 2010.
- How does Italy rank for current account balance as a proportion of gdp?
- Italy ranks 76th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Italy?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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