Ireland - Current Account Balance





Ireland: Current Account Balance

Mnemonic TAB.IIRL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 44.01 %
Data 2020 Q4 7,113
2020 Q3 12,705

Series Information

Source Central Statistics Office (CSO)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1998
End Date 12/31/2020

Ireland: Trade

Reference Last Previous Units Frequency
Current Account Balance 2020 Q4 7,113 12,705 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2020 Q4 126,505 114,873 Mil. EUR, SA Quarterly
Imports of Goods and Services 2020 Q4 -93,858 -75,186 Mil. EUR, SA Quarterly
Net Exports 2020 Q4 32,647 39,687 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2020 Q4 124,212 119,214 Mil. Ch. 2018 EUR, SA Quarterly
Real Imports of Goods and Services 2020 Q4 -94,666 -76,100 Mil. Ch. 2018 EUR, SA Quarterly
Real Net Exports 2020 Q4 29,546 43,114 Mil. Ch. 2018 EUR, SA Quarterly
Balance of Goods Nov 2020 5,995,157 5,374,471 Thousands of Euros, SA Monthly
Exports of Goods Nov 2020 14,448,760 12,333,709 Thousands of Euros, SA Monthly
Imports of Goods Nov 2020 8,453,603 6,959,237 Thousands of Euros, SA Monthly

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.