Egypt recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Egypt averaged -1.43 percent of GDP from 1980 until 2023, reaching an all time high of 8.70 percent of GDP in 1992 and a record low of -8.50 percent of GDP in 1984. source: Central Bank of Egypt
Current Account to GDP in Egypt is expected to reach -1.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Current Account to GDP is projected to trend around -2.60 percent of GDP in 2025 and -2.80 percent of GDP in 2026, according to our econometric models.