Ireland - Current Account Balance

Ireland: Current Account Balance

Mnemonic TAB.IIRL
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 453.24 %
Data 2022 Q4 15,825
2022 Q3 -4,480

Series Information

Source Central Statistics Office (CSO)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1998
End Date 12/31/2022

Ireland: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2023 3,448,000 5,037,600 Thousands of Euros, SA Monthly
Exports of Goods Jan 2023 15,791,000 16,697,200 Thousands of Euros, SA Monthly
Imports of Goods Jan 2023 12,343,000 11,659,600 Thousands of Euros, SA Monthly
Current Account Balance 2022 Q4 15,825 -4,480 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2022 Q4 180,685 178,273 Mil. EUR, SA Quarterly
Imports of Goods and Services 2022 Q4 -129,189 -145,817 Mil. EUR, SA Quarterly
Net Exports 2022 Q4 51,496 32,456 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2022 Q4 169,271 168,545 Mil. Ch. 2020 EUR, SA Quarterly
Real Imports of Goods and Services 2022 Q4 -118,480 -136,861 Mil. Ch. 2020 EUR, SA Quarterly
Real Net Exports 2022 Q4 50,791 31,684 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.