Algeria recorded a Current Account deficit of 12.60 percent of the country's Gross Domestic Product in 2019. source: Bank of Algeria
Current Account to GDP in Algeria averaged 2.62 percent from 1980 until 2019, reaching an all time high of 24.70 percent in 2006 and a record low of -16.50 percent 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 November of 2020.
Current Account to GDP in Algeria is expected to reach -18.00 percent by the end of 2020, 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 -15.90 percent in 2021 and -13.70 percent in 2022, according to our econometric models.