Italy’s current account recorded a surplus of €4.7 billion in August 2025, more than doubling the €1.7 billion recorded in the same month last year. The increase was mainly driven by a wider goods (€2.5 billion vs €1.8 billion in August 2024) and services (€1.8 billion vs €0.8 billion) surplus. At the same time, the primary income surplus widened sharply to €2.2 billion from €0.5 billion, while the secondary income deficit widened slightly to €1.9 billion from €1.5 billion. From January to August, the current account surplus rose to €27.2 billion from €24.9 billion.