Egypt recorded a Current Account deficit of 642.20 USD Million in the second quarter of 2018. Current Account in Egypt averaged -786.62 USD Million from 1993 until 2018, reaching an all time high of 1538.90 USD Million in the third quarter of 2003 and a record low of -5549 USD Million in the first quarter of 2016.
Current Account in Egypt is expected to be -3800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Egypt to stand at -709.12 in 12 months time. In the long-term, the Egypt Current Account is projected to trend around -2700.00 USD Million in 2020, according to our econometric models.