Current Account Balance in Egypt
The current account balance averaged -3.5% of GDP in the decade to 2022, below the Middle East & North Africa average of 2.6% of GDP. The 2022 reading for Egypt was -3.5% of GDP. For more current account information, visit our dedicated page.
Egypt Current Account Chart
Note: This chart displays Current Account (% of GDP) for Egypt from 2014 to 2024.
Source: Macrobond.
Egypt Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | -3.4 | -2.9 | -4.4 | -3.5 | -1.2 |
| Current Account Balance (USD bn) | -10.9 | -11.2 | -18.4 | -16.6 | -4.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Egyptian current account projections for the next ten years from a panel of 20 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Egyptian current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Egyptian current account projections.
Want to get access to the full dataset of Egyptian current account forecasts? Send an email to info@focus-economics.com.