Current Account in Egypt

Egypt Current Account (USD bn) | Economic News & Forecasts

Egypt - Current Account (billions of U.S. Dollars)

Economic activity appears to have improved somewhat in recent months, following a 1.7% year-on-year contraction in Q2 (Q1: +5.0% yoy). PMI data for September indicated the first overall increase in non-oil private sector activity in 14 months, driven by an uptick in consumer demand. Meanwhile, relatively low new Covid-19 cases through October and continued public spending initiatives bode well for activity in Q4. In other news, regional tensions have heightened regarding Ethiopia’s under-construction dam on the Nile river, with talks resuming in late October in an attempt to break the impasse over the operation and control of all-important water flows. In politics, polls opened on 24 October for the first of multiple rounds of voting in parliamentary elections. No significant shift in composition is expected, with the legislative body broadly lacking the powers to balance the authority of the president.

Egypt - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)-12.1  -19.8  -14.4  -6.0  -10.9  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Egypt Facts

Value Change Date
Bond Yield13.700.0 %Dec 31
Exchange Rate16.040.0 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form