Algeria Current Account  Forecast 2016-2020

Current Account in Algeria is expected to be -0.25 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Algeria to stand at 0.86 in 12 months time. In the long-term, the Algeria Current Account is projected to trend around 6.23 USD Billion in 2020, according to our econometric models.

Algeria Current Account
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Current Account -6.77 -0.25 -0.04 0.34 0.86 6.23 USD Billion
Algeria Current Account Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Algeria Current Account using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Algeria Current Account - was last predicted on Tuesday, March 28, 2017.
Algeria Trade Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -1308 -907 -883 -874 -864 -850
Exports 2866 4692 4630 4603 4600 4614
Imports 4174 4864 4821 4816 4827 4843
Current Account -6.77 -0.25 -0.04 0.34 0.86 6.23
Current Account to GDP 0.3 2.14 2.14 2.59 2.83 2.43
Gold Reserves 174 174 174 174 174 174
Crude Oil Production 1091 1102 1093 1086 1081 1056
Terms Of Trade 5.3 5.04 5.03 5.02 5.01 3.82
Terrorism Index 4.28 4.27 4.33 4.38 4.43 4.4
External Debt 3021 3018 3061 3020 3050 3039
Foreign Direct Investment 0.38 0.56 0.59 0.55 0.53 0.53