External balance on goods and services in Italy
Italy: External balance on goods and services was 43.60 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Italy, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Italy stood at 43.60 billion current LCU.
Compared with earlier readings it is down 4.7% on the previous year and down 8.1% over ten years.
Over the whole period, external balance on goods and services in Italy peaked at 58.65 billion current LCU in 2020 and was at its lowest, -36.33 billion current LCU, in 2022.
That places Italy 47th out of 192 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 201.87 million current LCU | -2.52 billion current LCU | 2.89 billion current LCU | 10 |
| 1980s | -762.21 million current LCU | -5.49 billion current LCU | 6.14 billion current LCU | 10 |
| 1990s | 23.93 billion current LCU | 375.34 million current LCU | 47.38 billion current LCU | 10 |
| 2000s | 1.12 billion current LCU | -12.75 billion current LCU | 16.47 billion current LCU | 10 |
| 2010s | 29.73 billion current LCU | -29.52 billion current LCU | 57.83 billion current LCU | 10 |
| 2020s | 30.44 billion current LCU | -36.33 billion current LCU | 58.65 billion current LCU | 6 |
Countries ranked near Italy
More economy & growth data for Italy
- External balance on goods and services as a percent of GDP 1.9% (2025)
- Inflation of consumer prices 1.5% (2025)
- GDP per capita 34,716 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.0% (2025)
- Gross domestic product (GDP) 2.05 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 34,716 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -19.53 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -22.07 billion current US$ (2025)
- Taxes less subsidies on products 243.42 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Italy?
- External balance on goods and services in Italy was 43.60 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Italy?
- The highest recorded value was 58.65 billion current LCU in 2020.
- What is the lowest external balance on goods and services recorded in Italy?
- The lowest recorded value was -36.33 billion current LCU in 2022.
- How does Italy rank for external balance on goods and services?
- Italy ranks 47th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Italy?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.