Current account balance (BoP, current US$) in Italy
Italy: Current account balance (BoP, current US$) was 29.26 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Italy, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Italy recorded 29.26 billion BoP, current US$ for current account balance in 2025.
That represents a change of up 11.8% on the previous year and up 28.6% over ten years.
Over the whole period, current account balance in Italy peaked at 75.10 billion BoP, current US$ in 2020 and was at its lowest, -69.58 billion BoP, current US$, in 2010.
That places Italy 18th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Italy, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 816.48 million BoP, current US$ | — |
| 1971 | 1.62 billion BoP, current US$ | +98.1% |
| 1972 | 1.98 billion BoP, current US$ | +22.6% |
| 1973 | -2.84 billion BoP, current US$ | -243.3% |
| 1974 | -8.27 billion BoP, current US$ | +191.1% |
| 1975 | -656.14 million BoP, current US$ | -92.1% |
| 1976 | -2.86 billion BoP, current US$ | +335.6% |
| 1977 | 2.34 billion BoP, current US$ | -182.0% |
| 1978 | 6.05 billion BoP, current US$ | +158.2% |
| 1979 | 5.92 billion BoP, current US$ | -2.1% |
| 1980 | -10.57 billion BoP, current US$ | -278.4% |
| 1981 | -10.37 billion BoP, current US$ | -1.8% |
| 1982 | -7.40 billion BoP, current US$ | -28.7% |
| 1983 | 647.03 million BoP, current US$ | -108.7% |
| 1984 | -3.21 billion BoP, current US$ | -595.5% |
| 1985 | -4.09 billion BoP, current US$ | +27.5% |
| 1986 | 2.42 billion BoP, current US$ | -159.3% |
| 1987 | -2.57 billion BoP, current US$ | -205.9% |
| 1988 | -7.15 billion BoP, current US$ | +178.3% |
| 1989 | -12.83 billion BoP, current US$ | +79.4% |
| 1990 | -16.44 billion BoP, current US$ | +28.1% |
| 1991 | -24.30 billion BoP, current US$ | +47.8% |
| 1992 | -29.28 billion BoP, current US$ | +20.5% |
| 1993 | 7.73 billion BoP, current US$ | -126.4% |
| 1994 | 13.20 billion BoP, current US$ | +70.7% |
| 1995 | 25.10 billion BoP, current US$ | +90.1% |
| 1996 | 39.97 billion BoP, current US$ | +59.3% |
| 1997 | 32.28 billion BoP, current US$ | -19.3% |
| 1998 | 20.11 billion BoP, current US$ | -37.7% |
| 1999 | 9.98 billion BoP, current US$ | -50.3% |
| 2000 | -3.11 billion BoP, current US$ | -131.1% |
| 2001 | 1.81 billion BoP, current US$ | -158.4% |
| 2002 | -6.28 billion BoP, current US$ | -446.0% |
| 2003 | -12.13 billion BoP, current US$ | +93.2% |
| 2004 | -8.98 billion BoP, current US$ | -26.0% |
| 2005 | -16.71 billion BoP, current US$ | +86.2% |
| 2006 | -28.32 billion BoP, current US$ | +69.4% |
| 2007 | -30.13 billion BoP, current US$ | +6.4% |
| 2008 | -64.95 billion BoP, current US$ | +115.6% |
| 2009 | -39.20 billion BoP, current US$ | -39.6% |
| 2010 | -69.58 billion BoP, current US$ | +77.5% |
| 2011 | -63.25 billion BoP, current US$ | -9.1% |
| 2012 | -4.52 billion BoP, current US$ | -92.9% |
| 2013 | 22.36 billion BoP, current US$ | -595.1% |
| 2014 | 37.16 billion BoP, current US$ | +66.2% |
| 2015 | 22.76 billion BoP, current US$ | -38.8% |
| 2016 | 46.45 billion BoP, current US$ | +104.1% |
| 2017 | 48.87 billion BoP, current US$ | +5.2% |
| 2018 | 53.99 billion BoP, current US$ | +10.5% |
| 2019 | 65.31 billion BoP, current US$ | +21.0% |
| 2020 | 75.10 billion BoP, current US$ | +15.0% |
| 2021 | 44.45 billion BoP, current US$ | -40.8% |
| 2022 | -38.51 billion BoP, current US$ | -186.6% |
| 2023 | 5.84 billion BoP, current US$ | -115.2% |
| 2024 | 26.16 billion BoP, current US$ | +348.3% |
| 2025 | 29.26 billion BoP, current US$ | +11.8% |
Italy compared with similar countries
- Italy's 29.26 billion BoP, current US$ is above the median for high income countries, which is 194.40 million BoP, current US$, 150.5× the median. (72 countries reporting)
- Italy's 29.26 billion BoP, current US$ is above the median for Europe & Central Asia, which is -814.98 million BoP, current US$. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 410.83 million BoP, current US$ | -8.27 billion BoP, current US$ | 6.05 billion BoP, current US$ | 10 |
| 1980s | -5.51 billion BoP, current US$ | -12.83 billion BoP, current US$ | 2.42 billion BoP, current US$ | 10 |
| 1990s | 7.84 billion BoP, current US$ | -29.28 billion BoP, current US$ | 39.97 billion BoP, current US$ | 10 |
| 2000s | -20.80 billion BoP, current US$ | -64.95 billion BoP, current US$ | 1.81 billion BoP, current US$ | 10 |
| 2010s | 15.95 billion BoP, current US$ | -69.58 billion BoP, current US$ | 65.31 billion BoP, current US$ | 10 |
| 2020s | 23.72 billion BoP, current US$ | -38.51 billion BoP, current US$ | 75.10 billion BoP, current US$ | 6 |
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 in Italy?
- Current account balance in Italy was 29.26 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Italy?
- The highest recorded value was 75.10 billion BoP, current US$ in 2020.
- What is the lowest current account balance recorded in Italy?
- The lowest recorded value was -69.58 billion BoP, current US$ in 2010.
- How does Italy rank for current account balance?
- Italy ranks 18th out of 200 countries with data for 2025.
- Is current account balance rising or falling in Italy?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.