Algeria recorded a Current Account deficit of 7.80 percent of the country's Gross Domestic Product in 2021. source: Bank of Algeria
Current Account to GDP in Algeria averaged 2.05 percent of GDP from 1980 until 2021, reaching an all time high of 24.70 percent of GDP in 2006 and a record low of -16.50 percent of GDP in 2016. This page provides - Algeria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Current Account to GDP - values, historical data and charts - was last updated on June of 2022.
Current Account to GDP in Algeria is expected to reach -1.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Current Account to GDP is projected to trend around -0.50 percent of GDP in 2023 and -1.00 percent of GDP in 2024, according to our econometric models.