Algeria recorded a Current Account deficit of 12.60 percent of the country's Gross Domestic Product in 2019.
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 August of 2020.
Current Account to GDP in Algeria is expected to reach -20.00 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 -15.50 percent in 2021 and -14.00 percent in 2022, according to our econometric models.