Egypt Current Account  Forecast


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Current Account in Egypt is expected to be -4400.00 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 -2375.60 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.


Egypt Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -3041 -1800 -1800 -2500 -2480 -2700
Exports 1825 2300 2500 2600 1923 3400
Imports 4866 4100 4300 5100 4817 6100
Current Account -2396 -4400 -4800 -3600 -2376 -2700
Current Account to GDP -5.9 -5.2 -5 -5 -3.64 -3.9
External Debt 79033 88380 91997 95229 98013 48100
Foreign Direct Investment 2588 3400 3800 3300 2885 3400
Capital Flows 4395 12000 5000 6400 3913 15000
Remittances 4827 3800 4200 4100 4624 4800
Tourism Revenues 3.8 4.8 8.9 8.9 7.04 9.1
Tourist Arrivals 781 657 700 670 600 890
Gold Reserves 76.28 75.55 75.41 75.82 75.7 75.66
Crude Oil Production 485 486 487 487 488 494
Terrorism Index 7.17 7.6 7.1 7.1 5.62 5.9