Egypt Current Account  Forecast


Current Account in Egypt is expected to be -4500.00 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 -3600.00 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 Current Account
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Egypt Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -1818 -2100 -1800 -1800 -2500 -2700
Exports 2276 1700 2300 2500 2600 3400
Imports 4602 3800 4100 4300 5100 6100
Current Account -2396 -4500 -4400 -4800 -3600 -2700
Current Account to GDP -5.9 -5.2 -5.2 -5 -5 -3.9
External Debt 73889 84116 89920 94165 98884 48100
Foreign Direct Investment 3349 3600 3400 3800 3300 3400
Capital Flows 4395 7300 12000 5000 6400 15000
Remittances 4624 2900 3800 4200 4100 4800
Tourism Revenues 3.8 4.8 4.8 8.9 8.9 9.1
Tourist Arrivals 574 610 657 700 670 890
Gold Reserves 76.28 76.28 76.28 76.28 76.28 76.28
Crude Oil Production 486 487 487 488 489 495
Terrorism Index 7.33 7.6 7.6 7.1 7.1 5.9