Egypt Crude Oil Production - Forecast

Crude Oil Production in Egypt is expected to be 590.03 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Egypt to stand at 593.46 in 12 months time. In the long-term, the Egypt Crude Oil Production is projected to trend around 605.20 BBL/D/1K in 2020, according to our econometric models.


Egypt Crude Oil Production
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Egypt Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -2856 -1800 -2500 -2538 -2700 -2700
Exports 2228 2500 2600 2068 2700 3400
Imports 5085 4300 5100 4936 5400 6100
Current Account -1639 -4800 -3600 -1570 -3800 -2700
Current Account to GDP -5.9 -5 -5 -5 -5 -3.9
External Debt 80832 86442 87654 88958 89912 48100
Foreign Direct Investment 2950 3800 3300 2885 3500 3400
Capital Flows 6229 5000 6400 4082 14000 15000
Remittances 5974 4200 4100 5782 4200 4800
Tourism Revenues 3.8 8.9 8.9 6.67 8.9 9.1
Tourist Arrivals 826 700 670 700 769 890
Gold Reserves 76.29 75.73 75.49 75.27 75.49 75.64
Crude Oil Production 597 590 591 592 593 605
Terrorism Index 7.17 7.1 7.1 6.24 7.1 5.9