Egypt's current account deficit fell by 20.2% year-on-year to $3.2 billion in the first quarter of the current fiscal year 2022/2023 from $4 billion in the same quarter a year earlier. source: Central Bank of Egypt

Current Account in Egypt averaged -1187.34 USD Million from 1993 until 2022, reaching an all time high of 1538.90 USD Million in the third quarter of 2003 and a record low of -5791.70 USD Million in the first quarter of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Current Account in Egypt is expected to be -2800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Egypt Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-02-02 12:20 PM Q3 $-4001M $-5135M $-5400M $-5300M
2023-02-02 10:10 AM Q3 $-3200M $-2957.8M $-2900.0M
2023-04-24 12:00 PM Q4 $-3200M $ -5000.0M

Related Last Previous Unit Reference
Balance of Trade -2155.00 -3579.00 USD Million Nov 2022
Current Account -3192.30 -2957.80 USD Million Sep 2022
Current Account to GDP -4.60 -3.10 percent of GDP Dec 2021
External Debt 155708.90 157801.00 USD Million Jun 2022
Capital Flows 988.30 -609.00 USD Million Jun 2022
Foreign Direct Investment 4770.50 7771.80 USD Million Jun 2022
Remittances 8294.70 8045.70 USD Million Jun 2022
Tourism Revenues 13.00 3.80 USD Billion Dec 2021
Tourist Arrivals 885.00 861.00 Thousand Feb 2019

Egypt Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-3192.30 -2957.80 1538.90 -5791.70 1993 - 2022 USD Million Quarterly