Palestine recorded a Current Account deficit of 403 USD Million in the second quarter of 2019. Current Account in Palestine averaged -500.58 USD Million from 2000 until 2019, reaching an all time high of 764.40 USD Million in the fourth quarter of 2008 and a record low of -1516 USD Million in the fourth quarter of 2004.
Current Account in Palestine is expected to be -500.00 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 Palestine to stand at -500.00 in 12 months time. In the long-term, the Palestine Current Account is projected to trend around -450.00 USD Million in 2020, according to our econometric models.