Technology balance of payments - 2018Statistics

In 2018 Italy's overall technology balance of payments was positive for the seventh consecutive year and equal to €1.3 billion, a historically high level even if lower than the previous year. The manufacturing sector continues to record a surplus, more than in the previous year; the deficit in the services sector, on the other hand, widened to almost zero in 2017. In international comparison, Italy's disembodied technology flows are, in relation to GDP, lower than the European average, although in recent years they represent one of the most dynamic components of trade in services in our country.