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CSO statistical release, , 11am

Balance of International Payments

Quarter 3 2018

   € million
Merchandise BalanceInvisibles BalanceCurrent Account BalanceCurrent Account Balance as % of GDP
Q3 201826,378-17,2749,10411.2
Q3 201728,915-15,15413,76017.7
Q1-Q3 201882,433-53,61628,81812.3
Q1-Q3 201777,492-61,97715,5137.2

Current account surplus of €9bn in Quarter 3 2018

Balance of International Payments Q3 2018 Fig 1
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The Balance of Payments current account, a measure of Ireland’s economic flows with the rest of the world, continued to show a large surplus in the third quarter of 2018 at €9.1bn. The current account balance for the first three quarters of 2018, at €28.8bn, is larger than the balance in year 2017 of €24.9bn (see Table 1).