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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Current account balance (% of GDP) held to 0.54 Percentage of GDP in January 2023
World BankYearlyReleased January 2023
Italy Current account balance (% of GDP) held to 0.54 Percentage of GDP in January 2023.
Latest Release
0.54
Latest (2023)
0.54
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| DAX | ▲ Direct | +0.40 | INDEX | Moves with | → View |
| EUR/GBP | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account Balance (% of GDP) (Italy) was reported at 1.15 Percent in December 2025. The reading rose from the previous value of 1.10 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 0.83 Percent, down from the prior three at 1.38 Percent. In December readings over the past 3 years, Current Account Balance (% of GDP) has averaged 0.83 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with DAX, positively correlated (Bullish EU).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Current account balance (% of GDP) - IT
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About Current account balance (% of GDP) — Italy
DEFINITION
Italy's Current Account Balance (% of GDP) rose to 1.146855% in December 2025, up from 1.097686% in December 2024, marking a continued surplus. This increase signals a strengthening external position compared to the previous year. Market participants will watch for further data to assess Italy's trade dynamics amid evolving global conditions. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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