OECD, IMF, and EC show that Italy had a negative current account balance to GDP until 2013 with an all-time low of -3.4% in 2010. Starting with 0.9% of GDP in 2013, current account balance remains positive as a consequence of growth that began in 2011.
However, IMF and EC expect current account balance as a percentage of GDP to reduce in the near future, while OECD predicts the current level to remain in two following years.
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World in 2020
Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.