Egypt recorded a Current Account deficit of 4.60 percent of the country's Gross Domestic Product in 2021. source: Central Bank of Egypt

Current Account to GDP in Egypt averaged -1.38 percent of GDP from 1980 until 2021, reaching an all time high of 8.70 percent of GDP in 1992 and a record low of -8.50 percent of GDP in 1984. This page provides - Egypt Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Current Account to GDP - values, historical data and charts - was last updated on November of 2021.

Current Account to GDP in Egypt is expected to reach -4.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Current Account to GDP is projected to trend around -3.00 percent of GDP in 2022 and -2.80 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Egypt Current Account to GDP


Related Last Previous Unit Reference
Current Account to GDP -4.60 -3.10 percent of GDP Dec/21
Current Account -5134.80 -5667.40 USD Million Jun/21
External Debt 137859.60 134841.20 USD Million Jun/21
Capital Flows 6311.80 7889.80 USD Million Jun/21
Foreign Direct Investment 3679.30 3568.10 USD Million Mar/21
Remittances 8054.30 7849.60 USD Million Jun/21
Tourism Revenues 3.80 12.57 USD Billion Dec/20
Tourist Arrivals 885.00 861.00 Thousand Feb/19
Egypt 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.