Ethiopia recorded a Current Account deficit of 1378.70 USD Million in the second quarter of 2019. Current Account in Ethiopia averaged -950.10 USD Million from 2006 until 2019, reaching an all time high of 159.30 USD Million in the second quarter of 2007 and a record low of -2535.80 USD Million in the fourth quarter of 2014.
Current Account in Ethiopia is expected to be -1680.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ethiopia to stand at -1300.00 in 12 months time. In the long-term, the Ethiopia Current Account is projected to trend around -1620.00 USD Million in 2020, according to our econometric models.