Ireland - Current Account Balance




Ireland: Current Account Balance

Mnemonic TAB.IIRL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 180.12 %
Data 2020 Q2 11,663
2020 Q1 -14,557

Series Information

Source Central Statistics Office (CSO)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1998
End Date 6/30/2020

Ireland: Trade

Reference Last Previous Units Frequency
Balance of Goods Jul 2020 4,798,500 6,184,100 Thousands of Euros, SA Monthly
Exports of Goods Jul 2020 12,918,900 12,840,700 Thousands of Euros, SA Monthly
Imports of Goods Jul 2020 8,120,400 6,656,600 Thousands of Euros, SA Monthly
Current Account Balance 2020 Q2 11,663 -14,557 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2020 Q2 110,376 114,749 Mil. EUR, SA Quarterly
Imports of Goods and Services 2020 Q2 -76,195 -112,706 Mil. EUR, SA Quarterly
Net Exports 2020 Q2 34,181 2,043 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2020 Q2 109,872 113,430 Mil. Ch. 2018 EUR, SA Quarterly
Real Imports of Goods and Services 2020 Q2 -75,338 -116,716 Mil. Ch. 2018 EUR, SA Quarterly
Real Net Exports 2020 Q2 34,534 -3,286 Mil. Ch. 2018 EUR, SA Quarterly

Release Information

Description

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. 

Methodology

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

Revisions

Data is subject to revision.