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 77th of 205 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% |
Italy compared with similar countries
- Italy's 1.1% is below the median for high income countries, which is 1.6%, 68% of the median. (69 countries reporting)
- Italy's 1.1% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
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
- Real gdp growth, annual growth rate -31.03 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.59 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 502.25 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3992 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 366.74 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.39 % change on previous year (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 77th out of 205 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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