Italy’s current account surplus increased in April from the previous year, the Bank of Italy reported on Thursday.
The current account surplus rose to €2.3 billion ($2.64 billion) in April from €1.1 billion in the corresponding month last year.
The goods trade surplus climbed to €5 billion from €3.3 billion. At the same time, the shortfall in services trade widened to €541 million from €186 million.
The primary income balance showed a deficit of €13 billion, up from €0.9 billion. The secondary income shortfall was €0.94 billion versus €1.1 billion last year.
Data showed that the capital account balance remained balanced compared with a deficit of €10 million a year earlier. The surplus in the financial account grew notably from €0.4 billion to €11.2 billion.
In the twelve months ending in April 2026, the current account recorded a surplus of €32.9 billion, equivalent to 1.4% of GDP, compared to €18 billion in the same period of the previous year.