Current account balance (World Bank) — all countries

Current account balance (World Bank) — Northern Africa

Current account balance (World Bank) in Northern Africa in 2023 — -0.78%. Since 1977, the indicator has risen by 3.47 pp.

2023 -0.78% −1.32 pp vs 2022
World rank
Period maximum 10.76%2006
Period minimum -8.43%2015

Trend over time

1977–2023 · % of GDP

Current account balance (World Bank) — Northern Africa, 1977–2023-10-505101519771982198719921997200220072012201720221977: -4.25%1978: -6.18%1979: -1.26%1980: 4.12%1981: -6.39%1982: -4.51%1983: -2.56%1984: -3.31%1985: -0.13%1986: -2.78%1987: -0.55%1988: -2.72%1989: -2.56%1990: 2.34%1991: 1.8%1992: 2%1993: -0.66%1994: -1.25%1995: -0.67%1996: -0.13%1997: -0.36%1998: -2.37%1999: -0.26%2000: 1.62%2001: 1.5%2002: 0.55%2003: 3.31%2004: 3.5%2005: 9.6%2006: 10.76%2007: 10.38%2008: 9.11%2009: -0.78%2010: 2.47%2011: 0.19%2012: 1.19%2013: -2.48%2014: -5.95%2015: -8.43%2016: -8.35%2017: -5.38%2018: -3.91%2019: -4.45%2020: -5.97%2021: -3.01%2022: 0.55%2023: -0.78%
Change over the period: +3.47 pp Annual average: 0.08 pp

Comparison, 2023

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

Northern Africa -0.78%
World computed 0.16%
Current account balance (World Bank) — Northern Africa, by year Northern Africa All countries CSV XLSX
Year % Change, pp
2023 -0.78 −1.32 pp
2022 0.55 +3.56 pp
2021 -3.01 +2.96 pp
2020 -5.97 −1.52 pp
2019 -4.45 −0.54 pp
2018 -3.91 +1.47 pp
2017 -5.38 +2.96 pp
2016 -8.35 +0.08 pp
2015 -8.43 −2.47 pp
2014 -5.95 −3.47 pp
2013 -2.48 −3.67 pp
2012 1.19 +1 pp
2011 0.19 −2.28 pp
2010 2.47 +3.25 pp
2009 -0.78 −9.89 pp
2008 9.11 −1.28 pp
2007 10.38 −0.38 pp
2006 10.76 +1.17 pp
2005 9.6 +6.1 pp
2004 3.5 +0.19 pp
2003 3.31 +2.75 pp
2002 0.55 −0.95 pp
2001 1.5 −0.12 pp
2000 1.62 +1.88 pp
1999 -0.26 +2.11 pp
1998 -2.37 −2.01 pp
1997 -0.36 −0.23 pp
1996 -0.13 +0.53 pp
1995 -0.67 +0.58 pp
1994 -1.25 −0.59 pp
1993 -0.66 −2.66 pp
1992 2 +0.2 pp
1991 1.8 −0.54 pp
1990 2.34 +4.9 pp
1989 -2.56 +0.16 pp
1988 -2.72 −2.17 pp
1987 -0.55 +2.23 pp
1986 -2.78 −2.65 pp
1985 -0.13 +3.17 pp
1984 -3.31 −0.75 pp
1983 -2.56 +1.95 pp
1982 -4.51 +1.88 pp
1981 -6.39 −10.51 pp
1980 4.12 +5.38 pp
1979 -1.26 +4.92 pp
1978 -6.18 −1.94 pp
1977 -4.25

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.