Ireland - Current Account Balance

Ireland: Current Account Balance

Mnemonic TAB.IIRL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 7.01 %
Data 2022 Q2 15,848
2022 Q1 17,043

Series Information

Source Central Statistics Office (CSO)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1998
End Date 6/30/2022

Ireland: Trade

Reference Last Previous Units Frequency
Balance of Goods Jul 2022 3,956,200 4,867,100 Thousands of Euros, SA Monthly
Exports of Goods Jul 2022 15,674,000 16,532,800 Thousands of Euros, SA Monthly
Imports of Goods Jul 2022 11,717,800 11,665,700 Thousands of Euros, SA Monthly
Current Account Balance 2022 Q2 15,848 17,043 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2022 Q2 170,285 158,978 Mil. EUR, SA Quarterly
Imports of Goods and Services 2022 Q2 -116,511 -108,327 Mil. EUR, SA Quarterly
Net Exports 2022 Q2 53,774 50,651 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2022 Q2 158,943 154,348 Mil. Ch. 2020 EUR, SA Quarterly
Real Imports of Goods and Services 2022 Q2 -106,985 -101,451 Mil. Ch. 2020 EUR, SA Quarterly
Real Net Exports 2022 Q2 51,958 52,897 Mil. Ch. 2019 EUR, SA Quarterly

Release Information

Balance of payments (BOP) summarises economic transactions of the residents of an economy with the rest of the world for a specific time period. BOP generally consists of goods and services account, primary income account, secondary income account, capital account and financial account. 

Primary income - compensation of employees working outside their country of residence for less than one year or earnings arising from foreign investors' investments in Ireland and Irish investors' investment abroad. 

Secondary income - unrequited receipts and payments

Current account balance - total of all current account (merchandise and services) credits less the total of all current account debits

Capital account - mostly covers capital transfers and aquisitions and disposals of non-produced, non-financial assets. 

Financial account - transactions in foreign financial assets (direct investment, portfolio investment, other investment, and reserve assets)

Direct investment - a type of international investment that reflects a lasting interest by a resident in one economy in an enterprise resident in another economy

Portfolio investment - acquisition and disposal of equity and debt securities which cannot be classified under direct investment or reserve assets transactions

Other investment - assets and liabilities other than those classifiable to direct investment, portfolio investment or reserve assets

Reserve assets - qualifying assets which are under the effective control of the national monetary authority and consisting of Country

Data is subject to revision.