Current account balance as a share of GDP in Egypt
Egypt: Current account balance as a share of GDP was -5.7% in 2024. ◆ Volatile
Current account balance as a share of GDP in Egypt, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Egypt recorded -5.7% for current account balance as a share of gdp in 2024.
The figure is down 80.4% on the previous year and down 193.3% over ten years.
Over the whole period, current account balance as a share of gdp in Egypt peaked at 5.0% in 2004 and was at its lowest, -6.2%, in 2016.
That places Egypt 146th out of 193 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Egypt, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -1.0% | — |
| 2001 | -0.4% | -58.8% |
| 2002 | 0.7% | -282.5% |
| 2003 | 4.7% | +538.4% |
| 2004 | 5.0% | +6.9% |
| 2005 | 2.4% | -52.8% |
| 2006 | 2.5% | +4.3% |
| 2007 | 0.3% | -86.9% |
| 2008 | -0.9% | -371.9% |
| 2009 | -1.8% | +103.4% |
| 2010 | -2.1% | +16.4% |
| 2011 | -2.3% | +12.6% |
| 2012 | -2.5% | +7.8% |
| 2013 | -1.2% | -50.8% |
| 2014 | -1.9% | +58.5% |
| 2015 | -5.2% | +168.7% |
| 2016 | -6.2% | +17.6% |
| 2017 | -3.2% | -48.1% |
| 2018 | -2.9% | -8.4% |
| 2019 | -3.2% | +9.6% |
| 2020 | -3.7% | +15.6% |
| 2021 | -4.4% | +18.1% |
| 2022 | -2.2% | -49.5% |
| 2023 | -3.2% | +43.4% |
| 2024 | -5.7% | +80.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | -1.8% | 5.0% | 10 |
| 2010s | -3.1% | -6.2% | -1.2% | 10 |
| 2020s | -3.8% | -5.7% | -2.2% | 5 |
Countries ranked near Egypt
More economy & growth data for Egypt
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.11 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.63 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 10,757 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -7.58 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3206 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 989.23 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 28.43 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 15.92 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 49,119 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.6 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Egypt?
- Current account balance as a share of gdp in Egypt was -5.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Egypt?
- The highest recorded value was 5.0% in 2004.
- What is the lowest current account balance as a share of gdp recorded in Egypt?
- The lowest recorded value was -6.2% in 2016.
- How does Egypt rank for current account balance as a share of gdp?
- Egypt ranks 146th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Egypt?
- Over the last ten years it is down 193.3%. The long-run trend across the full record is volatile.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).