FX.co ★ Italy Current Account Surplus Shrinks in April

In April 2025, Italy experienced a marked contraction in its current account surplus, which diminished to €0.36 billion compared to €1.41 billion in April of the previous year. This decline can largely be attributed to a steep reduction in the goods surplus, which decreased to €3.24 billion from €5.28 billion in April 2024. Concurrently, there was a slight increase in the secondary income deficit, rising to €1.06 billion from €1.03 billion. In contrast, the services deficit saw a reduction, decreasing to €0.58 billion from €0.78 billion, and the primary income deficit also lessened, falling to €1.24 billion from €2.06 billion.