Current account balance (World Bank) — all countries

Current account balance (World Bank) — Eastern Africa

Current account balance (World Bank) in Eastern Africa in 2024 — -3.7%. Since 1985, the indicator has fallen by 1.23 pp.

2024 -3.7% +0.49 pp vs 2023
World rank
Period maximum -1.91%2003
Period minimum -9.54%2013

Trend over time

1985–2024 · % of GDP

Current account balance (World Bank) — Eastern Africa, 1985–2024-10-8-6-4-20198519891993199720012005200920132017202120241985: -2.47%1986: -2.61%1987: -3.37%1988: -3.36%1989: -3.39%1990: -5.36%1991: -3.91%1992: -4.23%1993: -4.1%1994: -4.71%1995: -6.35%1997: -5.67%1998: -9.08%1999: -8.92%2000: -3.69%2003: -1.91%2004: -3.55%2005: -5.77%2006: -4.94%2007: -5.3%2008: -7.97%2009: -5.62%2010: -5.66%2011: -8.76%2012: -8.91%2013: -9.54%2014: -9.46%2015: -8.42%2016: -7.06%2017: -5.54%2018: -5.86%2019: -4.57%2020: -3.89%2021: -4.72%2022: -5.92%2023: -4.19%2024: -3.7%
Change over the period: −1.23 pp Annual average: -0.03 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Eastern Africa

Eastern Africa -3.7%
World computed 0.39%
Current account balance (World Bank) — Eastern Africa, by year Eastern Africa All countries CSV XLSX
Year % Change, pp
2024 -3.7 +0.49 pp
2023 -4.19 +1.73 pp
2022 -5.92 −1.21 pp
2021 -4.72 −0.82 pp
2020 -3.89 +0.67 pp
2019 -4.57 +1.29 pp
2018 -5.86 −0.32 pp
2017 -5.54 +1.53 pp
2016 -7.06 +1.36 pp
2015 -8.42 +1.03 pp
2014 -9.46 +0.08 pp
2013 -9.54 −0.63 pp
2012 -8.91 −0.15 pp
2011 -8.76 −3.1 pp
2010 -5.66 −0.04 pp
2009 -5.62 +2.35 pp
2008 -7.97 −2.67 pp
2007 -5.3 −0.37 pp
2006 -4.94 +0.83 pp
2005 -5.77 −2.22 pp
2004 -3.55 −1.64 pp
2003 -1.91
2000 -3.69 +5.23 pp
1999 -8.92 +0.16 pp
1998 -9.08 −3.41 pp
1997 -5.67
1995 -6.35 −1.64 pp
1994 -4.71 −0.61 pp
1993 -4.1 +0.13 pp
1992 -4.23 −0.32 pp
1991 -3.91 +1.44 pp
1990 -5.36 −1.96 pp
1989 -3.39 −0.03 pp
1988 -3.36 +0.01 pp
1987 -3.37 −0.76 pp
1986 -2.61 −0.14 pp
1985 -2.47

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.