Algeria recorded a Current Account deficit of 1.56 USD Billion in the third quarter of 2021. source: Bank of Algeria

Current Account in Algeria averaged 0.88 USD Billion from 1992 until 2021, reaching an all time high of 28.95 USD Billion in the fourth quarter of 2006 and a record low of -8.33 USD Billion in the first quarter of 2016. This page provides - Algeria Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Current Account - values, historical data and charts - was last updated on June of 2022.

Current Account in Algeria is expected to be -4.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Current Account is projected to trend around -6.00 USD Billion in 2023 and -8.00 USD Billion in 2024, according to our econometric models.

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Algeria Current Account

Related Last Previous Unit Reference
Balance of Trade 90.00 50.00 USD Million Sep 2021
Current Account to GDP -7.80 -12.90 percent of GDP Dec 2021
Current Account -1.56 -0.96 USD Billion Sep 2021
Imports 9040.00 9500.00 USD Million Sep 2021
Exports 9130.00 9550.00 USD Million Sep 2021
Foreign Direct Investment 0.09 0.19 USD Billion Sep 2021
External Debt 3176.00 3190.00 USD Million Sep 2021

Algeria Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-1.56 -0.96 28.95 -8.33 1992 - 2021 USD Billion Quarterly