Italy - Current Account Balance 1973

Current account balance as % of GDP · World Bank
-1.62% −2.98% from 1972 Global rank: 5th

Italy's current account balance was -1.62% in 1973, decreased +2.98% from 1.36% in 1972. This was the 5th highest globally.

Global Ranking - 1973
Current Account Balance by Country - 1973
RankCountryValueYoY
1st Barbados -19.36% 11.0%
2nd Singapore -14.04% 22.8%
3rd Israel -4.41% -88.3%
4th Dominican Republic -4.12% -74.2%
5th Italy -1.62% -218.6%
6th Canada -1.56% 26.4%
7th United Kingdom -1.25% -499.2%
8th South Africa -0.78% 0.8%
9th Colombia -0.53% 75.9%
10th Haiti 0.25% -88.6%
11th United States 0.53% 229.3%
12th Germany 1.05% 826.1%
13th Jordan 1.32% 61.9%
14th Sweden 2.45% 104.2%
15th Netherlands 4.48% 16.9%
16th Malta 8.79% 15.1%
17th Saudi Arabia 16.86% -22.0%

FAQ

What was Italy's current account balance in 1973?

Italy's current account balance in 1973 was -1.62%. This ranked 5th globally.

How did Italy's current account balance change in 1973?

Italy's current account balance decreased by 218.6% in 1973 compared to 1972.

Which country had the highest current account balance in 1973?

Saudi Arabia had the highest current account balance in 1973 at 16.86%.

What is the current account balance of Italy in 1973?

The current account balance of Italy in 1973 was -1.62%. This ranked 5th globally.

How does 1973 compare to 1972 for Italy's current account balance?

Italy's current account balance went from 1.36% in 1972 to -1.62% in 1973, a 218.6% decrease.