Algeria Current Account to GDP  1980-2017 | Data | Chart | Calendar

Algeria recorded a Current Account deficit of 13.50 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Algeria averaged 3.85 percent from 1980 until 2016, reaching an all time high of 24.70 percent in 2006 and a record low of -16 percent in 2015.

Algeria Current Account to GDP
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Algeria Trade Last Previous Highest Lowest Unit
Balance of Trade -1239.00 -1851.00 34060.00 -2141.00 USD Million [+]
Exports 2282.00 2634.00 60300.00 1831.00 USD Million [+]
Imports 3521.00 4485.00 26250.00 2310.00 USD Million [+]
Current Account -4.89 -6.71 28.95 -8.33 USD Billion [+]
Current Account to GDP -13.50 -16.00 24.70 -16.00 percent [+]
Gold Reserves 173.64 173.64 173.64 173.64 Tonnes [+]
Crude Oil Production 1067.00 1065.00 1427.00 775.00 BBL/D/1K [+]
Terms Of Trade 5.30 4.80 5.30 2.30 Index Points [+]
Terrorism Index 4.28 4.75 7.23 4.28 [+]
External Debt 3849.00 3097.00 5859.00 3021.00 USD Million [+]
Foreign Direct Investment 0.29 0.34 1.85 -1.33 USD Billion [+]

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-13.50 -16.00 24.70 -16.00 1980 - 2016 percent Yearly




current account to gdp by Country

Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16