Egypt recorded a Current Account deficit of 4849.30 USD Million in the fourth quarter of 2020. source: Central Bank of Egypt
Current Account in Egypt averaged -983.35 USD Million from 1993 until 2020, reaching an all time high of 1538.90 USD Million in the third quarter of 2003 and a record low of -5663.20 USD Million in the first quarter of 2016. This page provides the latest reported value for - Egypt Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt Current Account - values, historical data and charts - was last updated on June of 2021.
Current Account in Egypt is expected to be -3500.00 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 Egypt to stand at -3700.00 in 12 months time. In the long-term, the Egypt Current Account is projected to trend around -4000.00 USD Million in 2022 and -3700.00 USD Million in 2023, according to our econometric models.