Technology balance of payments - 2024
Statistics
In 2024, Italy's technology balance of payments - which includes charges for the use of intellectual property, as well as trade in computer services, research and development (R&D) services, and
architectural and engineering services (collectively defined as international trade in disembodied
technology) - was broadly balanced (€0.2 billion), down from the 2023 surplus of €2.3 billion.
Imports increased further, especially the charges for the use of intellectual property. Exports decreased; nevertheless, they have continued to greatly outperform other types of services over the past 15 years. Disembodied technology transactions are attributable to both service firms and, to a lesser extent, manufacturing firms; the share of Italian firms belonging to foreign groups remained high, at over 60 per cent.
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