Italy’s current account surplus widened sharply to €1.64 billion in March 2025, up from €309 million in the same month last year.
The increase was largely driven by a swing in the primary income balance, which posted a surplus of €1.07 billion after a €659 million deficit in March 2024.
At the same time, the secondary income deficit narrowed to €1.82 billion from €2.14 billion.
In contrast, the goods surplus declined to €4.74 billion from €5.23 billion, while the services deficit widened to €2.36 billion from €2.11 billion.