Current account balance (credit less debit), Net (credits less debits) in Italy
Italy: Current account balance (credit less debit), Net (credits less debits) was 25.77 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Italy, 2005–2024
Source: International Monetary Fund.
Analysis
Italy recorded 25.77 billion for current account balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is up 396.1% on the previous year and down 30.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Italy peaked at 75.10 billion in 2020 and was at its lowest, -69.58 billion, in 2010.
Italy ranks 19th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -16.71 billion | — |
| 2006 | -28.32 billion | +69.4% |
| 2007 | -30.13 billion | +6.4% |
| 2008 | -64.95 billion | +115.6% |
| 2009 | -39.20 billion | -39.6% |
| 2010 | -69.58 billion | +77.5% |
| 2011 | -63.25 billion | -9.1% |
| 2012 | -4.52 billion | -92.9% |
| 2013 | 22.36 billion | -595.1% |
| 2014 | 37.16 billion | +66.2% |
| 2015 | 22.76 billion | -38.8% |
| 2016 | 46.45 billion | +104.1% |
| 2017 | 48.87 billion | +5.2% |
| 2018 | 53.99 billion | +10.5% |
| 2019 | 65.31 billion | +21.0% |
| 2020 | 75.10 billion | +15.0% |
| 2021 | 44.45 billion | -40.8% |
| 2022 | -38.50 billion | -186.6% |
| 2023 | 5.20 billion | -113.5% |
| 2024 | 25.77 billion | +396.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -35.86 billion | -64.95 billion | -16.71 billion | 5 |
| 2010s | 15.95 billion | -69.58 billion | 65.31 billion | 10 |
| 2020s | 22.40 billion | -38.50 billion | 75.10 billion | 5 |
Countries ranked near Italy
More financial sector data for Italy
- Net domestic credit (current LCU), per capita 52,704 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.3 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.32 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.76 billion SDR (2025)
- Gold reserves at market value 251.41 billion SDR (2025)
- Reserves excluding gold, foreign exchange 38.37 billion SDR (2025)
- Reserves excluding gold 65.50 billion SDR (2025)
- Total reserves (gold at market value) 316.91 billion SDR (2025)
- Total reserves (gold at national valuation) 313.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,324 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Italy?
- Current account balance (credit less debit), net (credits less debits) in Italy was 25.77 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Italy?
- The highest recorded value was 75.10 billion in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Italy?
- The lowest recorded value was -69.58 billion in 2010.
- How does Italy rank for current account balance (credit less debit), net (credits less debits)?
- Italy ranks 19th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Italy?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.