FX.co ★ Israel Current Account Surplus Hits 6-Quarter High

In the first quarter of 2025, Israel achieved a current account surplus amounting to $5.72 billion, marking the highest surplus recorded since the fourth quarter of 2023. This represents an increase from a revised figure of $3.99 billion in the preceding quarter. The deficit in goods saw a reduction, narrowing to $6.94 billion compared to $7.87 billion in the prior quarter. Concurrently, the surplus in services experienced a slight decline, settling at $10.14 billion from the previous $10.49 billion. Notably, the primary income account transitioned to a $0.08 billion surplus, overcoming a previous deficit of $0.74 billion. Additionally, the secondary income surplus expanded to $2.44 billion, up from $2.11 billion.