Current account balance — all countries

Current account balance — Northern Africa

Current account balance in Northern Africa in 2031 — -2.8%. Since 1980, the indicator has fallen by 6.79 pp.

2031 -2.8% +0.36 pp vs 2030
World rank
Period maximum 11.69%2006
Period minimum -7.91%2016

Trend over time

1980–2031 · % of GDP

Current account balance — Northern Africa, 1980–2031-10-505101519801986199219982004201020162022202820311980: 3.99%1981: -5.98%1982: -4.86%1983: -3.67%1984: -4.65%1985: -1.14%1986: -3.91%1987: -2.39%1988: -3.28%1989: -3.09%1990: -1.11%1991: 0.31%1992: 1.78%1993: -0.49%1994: -2.3%1995: -2.73%1996: -0.9%1997: 0.05%1998: -2.98%1999: -1.38%2000: 3.31%2001: 2.75%2002: 0.91%2003: 2.4%2004: 6.22%2005: 10.24%2006: 11.69%2007: 10.83%2008: 9.56%2009: -0.98%2010: 2.02%2011: 0.32%2012: 0.78%2013: -2.86%2014: -5.42%2015: -7.52%2016: -7.91%2017: -6.28%2018: -3.69%2019: -4.54%2020: -5.59%2021: -3.2%2022: -0.05%2023: -0.1%2024: -3.13%2025: -4.89%2026: -2.75%2027: -3.73%2028: -3.7%2029: -3.45%2030: -3.16%2031: -2.8%
Change over the period: −6.79 pp Annual average: -0.13 pp

Comparison, 2031

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

Northern Africa -2.8%
World computed 0.28%
Current account balance — Northern Africa, by year Northern Africa All countries CSV XLSX
Year % Change, pp
2031 -2.8 +0.36 pp
2030 -3.16 +0.29 pp
2029 -3.45 +0.25 pp
2028 -3.7 +0.03 pp
2027 -3.73 −0.98 pp
2026 -2.75 +2.14 pp
2025 -4.89 −1.76 pp
2024 -3.13 −3.03 pp
2023 -0.1 −0.05 pp
2022 -0.05 +3.15 pp
2021 -3.2 +2.39 pp
2020 -5.59 −1.05 pp
2019 -4.54 −0.85 pp
2018 -3.69 +2.59 pp
2017 -6.28 +1.64 pp
2016 -7.91 −0.39 pp
2015 -7.52 −2.1 pp
2014 -5.42 −2.56 pp
2013 -2.86 −3.64 pp
2012 0.78 +0.47 pp
2011 0.32 −1.71 pp
2010 2.02 +3 pp
2009 -0.98 −10.54 pp
2008 9.56 −1.27 pp
2007 10.83 −0.85 pp
2006 11.69 +1.44 pp
2005 10.24 +4.02 pp
2004 6.22 +3.82 pp
2003 2.4 +1.48 pp
2002 0.91 −1.84 pp
2001 2.75 −0.56 pp
2000 3.31 +4.69 pp
1999 -1.38 +1.6 pp
1998 -2.98 −3.04 pp
1997 0.05 +0.95 pp
1996 -0.9 +1.84 pp
1995 -2.73 −0.43 pp
1994 -2.3 −1.81 pp
1993 -0.49 −2.27 pp
1992 1.78 +1.47 pp
1991 0.31 +1.42 pp
1990 -1.11 +1.98 pp
1989 -3.09 +0.19 pp
1988 -3.28 −0.89 pp
1987 -2.39 +1.52 pp
1986 -3.91 −2.77 pp
1985 -1.14 +3.51 pp
1984 -4.65 −0.98 pp
1983 -3.67 +1.19 pp
1982 -4.86 +1.12 pp
1981 -5.98 −9.97 pp
1980 3.99

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.