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.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.