Algeria recorded a Current Account deficit of 9 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Algeria averaged 3.01 percent from 1980 until 2018, reaching an all time high of 24.70 percent in 2006 and a record low of -16.50 percent in 2016.

Current Account to GDP in Algeria is expected to be -12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Current Account to GDP is projected to trend around -6.00 percent in 2020, according to our econometric models.

Algeria Current Account to GDP
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Algeria Trade Last Previous Highest Lowest Unit
Balance of Trade -634.00 -166.00 34060.00 -2141.00 USD Million [+]
Current Account -3.65 -3.36 28.95 -8.33 USD Billion [+]
Current Account to GDP -9.00 -13.10 24.70 -16.50 percent [+]
Imports 3309.00 3486.00 26250.00 2310.00 USD Million [+]
Exports 2675.00 3320.00 60300.00 1831.00 USD Million [+]
Gold Reserves 173.60 173.60 173.64 173.60 Tonnes [+]
Crude Oil Production 1019.00 1023.00 1427.00 775.00 BBL/D/1K [+]
Terrorism Index 3.76 3.97 7.23 3.76 [+]
Tourism Revenues 207.30 203.20 324.50 203.20 USD Million [+]
Tourist Arrivals 2102.00 2039.00 2733.00 1710.00 Thousand [+]
Foreign Direct Investment 0.36 0.24 1.85 -1.33 USD Billion [+]
External Debt 3966.00 3381.00 5859.00 3021.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Algeria Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Algeria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -13.10 24.70 -16.50 1980 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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