Algeria recorded a Current Account deficit of 4.58 USD Billion in the first quarter of 2018. Current Account in Algeria averaged 1.98 USD Billion from 1992 until 2018, reaching an all time high of 28.95 USD Billion in the fourth quarter of 2006 and a record low of -8.33 USD Billion in the first quarter of 2016.
Current Account in Algeria is expected to be -4.83 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Algeria to stand at -4.86 in 12 months time. In the long-term, the Algeria Current Account is projected to trend around -4.84 USD Billion in 2020, according to our econometric models.