In 2017, current account balance as a share of GDP for Algeria was -13.2 %. Between 2006 and 2017, current account balance as a share of GDP in Algeria was decreasing on average by 104.80 % each year, although before that, it grew from -1.9 % in 1998 to 24.7 % in 2006.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.