Egypt Current Account to GDP

Egypt recorded a Current Account deficit of 2.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Egypt averaged -0.83 Percent from 1980 until 2013, reaching an all time high of 8.70 Percent in 1992 and a record low of -8.50 Percent in 1984. Current Account to GDP in Egypt is reported by the Central Bank of Egypt.

   
 
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Egypt Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -4.00 8.70 -8.50 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Egypt Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -2429.00 -1476.00 235.50 -4805.13 USD Million [+]
Exports 2597.00 2316.60 2991.20 12.63 USD Million [+]
Imports 5025.00 3792.60 6497.80 33.05 USD Million [+]
Current Account 523.10 -1512.80 1538.90 -3140.10 USD Million [+]
Current Account to GDP -2.10 -4.00 8.70 -8.50 Percent [+]
External Debt 45289.00 45752.20 47017.10 26132.50 USD Million [+]
Foreign Direct Investment 3073.20 2855.40 5572.50 40.70 USD Million [+]
Remittances 4680.40 4333.00 5054.70 655.20 USD Million [+]
Tourist Arrivals 860.00 755.00 1486.00 57.00 Thousand [+]
Gold Reserves 75.61 75.61 75.65 75.61 Tonnes [+]
Crude Oil Production 492.00 492.00 930.00 492.00 BBL/D/1K [+]





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