Israel’s current account surplus widened to $3.2 billion in the fourth quarter of 2016 from $2.9 billion a year ago. Trade surplus in services increased to $3.6 billion (from $3.4 billion surplus in Q4 2015) while the trade deficit in goods widened to $2.2 billion (from $1.6 billion gap in Q4 2015). Primary income deficit narrowed to $0.7 billion (from $1.1 billion in Q4 2015). Also, secondary income surplus rose to $2.6 billion ($2.1 billion in Q4 2015). Current Account in Israel averaged 285.90 USD Million from 1975 until 2016, reaching an all time high of 3707 USD Million in the second quarter of 2015 and a record low of -1750.20 USD Million in the second quarter of 1994.
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Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for – Israel Current Account – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Current Account – actual data, historical chart and calendar of releases – was last updated on March of 2017.