Italy - Current Account Balance 1971

Current account balance as % of GDP · World Bank
1.29% +0.58% from 1970 Global rank: 12th

Italy's current account balance was 1.29% in 1971, increased +0.58% from 0.72% in 1970. This was the 12th highest globally.

Global Ranking - 1971
Current Account Balance by Country - 1971
RankCountryValueYoY
1st Barbados -22.73% 18.2%
2nd Dominican Republic -7.76% -13.2%
3rd Israel -7.73% 7.2%
4th South Africa -6.36% -4.6%
5th Colombia -5.81% -42.6%
6th Canada -1.04% -286.3%
7th United States -0.08% -134.5%
8th Germany 0.04% -
9th Malta 0.46% -
10th Sweden 0.88% 232.0%
11th Netherlands 1.17% 132.5%
12th Italy 1.29% 80.2%
13th Haiti 1.37% -
14th United Kingdom 1.83% 21.6%
15th Saudi Arabia 13.52% -

FAQ

What was Italy's current account balance in 1971?

Italy's current account balance in 1971 was 1.29%. This ranked 12th globally.

How did Italy's current account balance change in 1971?

Italy's current account balance increased by 80.2% in 1971 compared to 1970.

Which country had the highest current account balance in 1971?

Saudi Arabia had the highest current account balance in 1971 at 13.52%.

What is the current account balance of Italy in 1971?

The current account balance of Italy in 1971 was 1.29%. This ranked 12th globally.

How does 1971 compare to 1970 for Italy's current account balance?

Italy's current account balance went from 0.72% in 1970 to 1.29% in 1971, a 80.2% increase.