FX.co ★ Israel Current Account Slips into Deficit

Israel’s current account balance narrowed sharply, shifting from a $3.8 billion surplus in the previous period to a $0.1 billion deficit, marking its lowest level on record. The surplus in goods and services declined to $5.4 billion, down from $6.0 billion in the fourth quarter of 2025. At the same time, the primary income deficit widened substantially, rising to $6.7 billion from $2.7 billion. In contrast, the secondary income surplus rose to $1.2 billion, doubling from $0.6 billion in the preceding quarter.