External balance on goods and services in Italy
Italy: External balance on goods and services was 43.60 billion current LCU in 2025. ◆ Volatile
Latest (2025)
43.60 billion current LCU
Change on year
down 4.7%
World rank
47th
of 193 countries
All-time high
58.65 billion current LCU
in 2020
All-time low
-36.33 billion current LCU
in 2022
Years of data
56
1970–2025
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 193 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.
External balance on goods and services in Italy, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 83.54 million current LCU | — |
| 1971 | 305.19 million current LCU | +265.3% |
| 1972 | 351.88 million current LCU | +15.3% |
| 1973 | -979.55 million current LCU | -378.4% |
| 1974 | -2.52 billion current LCU | +157.0% |
| 1975 | 49.19 million current LCU | -102.0% |
| 1976 | -1.07 billion current LCU | -2265.9% |
| 1977 | 1.11 billion current LCU | -204.7% |
| 1978 | 2.89 billion current LCU | +158.8% |
| 1979 | 1.79 billion current LCU | -37.9% |
| 1980 | -5.49 billion current LCU | -406.5% |
| 1981 | -4.93 billion current LCU | -10.1% |
| 1982 | -3.79 billion current LCU | -23.3% |
| 1983 | 1.65 billion current LCU | -143.7% |
| 1984 | -1.69 billion current LCU | -202.4% |
| 1985 | -1.84 billion current LCU | +8.4% |
| 1986 | 6.14 billion current LCU | -434.0% |
| 1987 | 2.19 billion current LCU | -64.4% |
| 1988 | 268.95 million current LCU | -87.7% |
| 1989 | -128.01 million current LCU | -147.6% |
| 1990 | 1.44 billion current LCU | -1225.6% |
| 1991 | 1.55 billion current LCU | +7.3% |
| 1992 | 375.34 million current LCU | -75.7% |
| 1993 | 26.30 billion current LCU | +6907.5% |
| 1994 | 30.09 billion current LCU | +14.4% |
| 1995 | 36.17 billion current LCU | +20.2% |
| 1996 | 47.38 billion current LCU | +31.0% |
| 1997 | 40.54 billion current LCU | -14.4% |
| 1998 | 34.54 billion current LCU | -14.8% |
| 1999 | 20.93 billion current LCU | -39.4% |
| 2000 | 10.55 billion current LCU | -49.6% |
| 2001 | 16.47 billion current LCU | +56.1% |
| 2002 | 10.22 billion current LCU | -38.0% |
| 2003 | 6.35 billion current LCU | -37.8% |
| 2004 | 8.56 billion current LCU | +34.7% |
| 2005 | -1.48 billion current LCU | -117.2% |
| 2006 | -12.75 billion current LCU | +763.8% |
| 2007 | -5.48 billion current LCU | -57.0% |
| 2008 | -11.98 billion current LCU | +118.6% |
| 2009 | -9.30 billion current LCU | -22.3% |
| 2010 | -29.52 billion current LCU | +217.4% |
| 2011 | -22.31 billion current LCU | -24.4% |
| 2012 | 17.73 billion current LCU | -179.5% |
| 2013 | 37.62 billion current LCU | +112.2% |
| 2014 | 45.65 billion current LCU | +21.3% |
| 2015 | 47.45 billion current LCU | +3.9% |
| 2016 | 53.96 billion current LCU | +13.7% |
| 2017 | 47.05 billion current LCU | -12.8% |
| 2018 | 41.81 billion current LCU | -11.1% |
| 2019 | 57.83 billion current LCU | +38.3% |
| 2020 | 58.65 billion current LCU | +1.4% |
| 2021 | 37.61 billion current LCU | -35.9% |
| 2022 | -36.33 billion current LCU | -196.6% |
| 2023 | 33.34 billion current LCU | -191.8% |
| 2024 | 45.75 billion current LCU | +37.2% |
| 2025 | 43.60 billion current LCU | -4.7% |
Italy compared with similar countries
- Italy's 43.60 billion current LCU is above the median for high income countries, which is 3.18 billion current LCU, 13.7× the median. (72 countries reporting)
- Italy's 43.60 billion current LCU is above the median for Europe & Central Asia, which is 96.00 million current LCU, 454.2× the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +6907.5% | 375.34 million current LCU | 26.30 billion current LCU |
| 1976 | -2265.9% | 49.19 million current LCU | -1.07 billion current LCU |
| 1990 | +1225.6% | -128.01 million current LCU | 1.44 billion current LCU |
| 2006 | -763.8% | -1.48 billion current LCU | -12.75 billion current LCU |
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (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 193 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.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.