Current account balance as a share of GDP in Italy
Italy: Current account balance as a share of GDP was 1.1% in 2024. ◆ Volatile
Current account balance as a share of GDP in Italy, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Italy is 1.1%, measured in 2024.
That represents a change of up 390.9% on the previous year and down 36.8% over ten years.
Over the whole period, current account balance as a share of gdp in Italy peaked at 3.9% in 2020 and was at its lowest, -3.2%, in 2010.
Italy ranks 73rd of 193 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 share of GDP in Italy, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -0.3% | — |
| 2001 | 0.1% | -155.6% |
| 2002 | -0.5% | -426.7% |
| 2003 | -0.8% | +57.1% |
| 2004 | -0.5% | -35.1% |
| 2005 | -0.9% | +80.0% |
| 2006 | -1.4% | +61.1% |
| 2007 | -1.4% | -6.2% |
| 2008 | -2.7% | +97.8% |
| 2009 | -1.8% | -34.2% |
| 2010 | -3.2% | +83.1% |
| 2011 | -2.7% | -15.4% |
| 2012 | -0.2% | -92.0% |
| 2013 | 1.0% | -572.7% |
| 2014 | 1.7% | +64.4% |
| 2015 | 1.2% | -28.1% |
| 2016 | 2.5% | +100.0% |
| 2017 | 2.5% | +0.8% |
| 2018 | 2.6% | +3.6% |
| 2019 | 3.2% | +25.7% |
| 2020 | 3.9% | +22.0% |
| 2021 | 2.0% | -48.2% |
| 2022 | -1.8% | -189.7% |
| 2023 | 0.2% | -112.0% |
| 2024 | 1.1% | +390.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.0% | -2.7% | 0.1% | 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)
- Services, value added (current US$), annual growth rate 6.79 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6451 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 27,940 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 2.29 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5709 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 24,726 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 0.2898 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5343 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Italy?
- Current account balance as a share of gdp in Italy was 1.1% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Italy?
- The highest recorded value was 3.9% in 2020.
- What is the lowest current account balance as a share of gdp recorded in Italy?
- The lowest recorded value was -3.2% in 2010.
- How does Italy rank for current account balance as a share of gdp?
- Italy ranks 73rd out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Italy?
- Over the last ten years it is down 36.8%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).