Ethiopia recorded a Current Account deficit of 1435.60 USD Million in the first quarter of 2018. Current Account in Ethiopia averaged -981.03 USD Million from 2006 until 2018, reaching an all time high of 2008.50 USD Million in the third quarter of 2014 and a record low of -2458.20 USD Million in the fourth quarter of 2015.
Current Account in Ethiopia is expected to be -1788.36 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 Ethiopia to stand at -1743.29 in 12 months time. In the long-term, the Ethiopia Current Account is projected to trend around -1746.93 USD Million in 2020, according to our econometric models.