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Algeria - Current account balance

-22.1 (billion US dollars) in 2017

In 2017, current account balance for Algeria was -22.1 billion US dollars. Between 2008 and 2017, current account balance in Algeria was decreasing on average by 164.30 % each year, although before that, it grew from -0.9 billion US dollars in 1998 to 34.4 billion US dollars in 2008.

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What is current account balance?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Algeria current account balance?

Date Value Change, %
2017 -22.1 -16.54 %
2016 -26.5 -2.99 %
2015 -27.3 189.21 %
2014 -9.4 -1,230.06 %
2013 0.8 -93.21 %
2012 12.3 -37.94 %
2011 19.8 62.89 %
2010 12.2 2,857.91 %
2009 0.4 -98.81 %
2008 34.4 12.58 %
2007 30.6 5.70 %
2006 29.0