Current account balance (credit less debit), Net (credits less) in Egypt
Egypt: Current account balance (credit less debit), Net (credits less) was -22.26 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Egypt, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Egypt is -22.26 billion, measured in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 77.1% on the previous year and down 273.8% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Egypt peaked at 2.64 billion in 2006 and was at its lowest, -22.26 billion, in 2024.
Egypt ranks 192nd of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Egypt, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.10 billion | — |
| 2006 | 2.64 billion | +25.3% |
| 2007 | 411.60 million | -84.4% |
| 2008 | -1.41 billion | -443.7% |
| 2009 | -3.35 billion | +136.8% |
| 2010 | -4.50 billion | +34.5% |
| 2011 | -5.48 billion | +21.8% |
| 2012 | -6.97 billion | +27.1% |
| 2013 | -3.53 billion | -49.3% |
| 2014 | -5.95 billion | +68.5% |
| 2015 | -17.24 billion | +189.6% |
| 2016 | -20.49 billion | +18.9% |
| 2017 | -7.94 billion | -61.3% |
| 2018 | -7.70 billion | -3.0% |
| 2019 | -10.22 billion | +32.8% |
| 2020 | -14.24 billion | +39.3% |
| 2021 | -18.61 billion | +30.7% |
| 2022 | -10.54 billion | -43.4% |
| 2023 | -12.56 billion | +19.2% |
| 2024 | -22.26 billion | +77.1% |
Egypt compared with similar countries
- Egypt's -22.26 billion is below the median for lower middle income countries, which is -96.83 million, 229.8× the median. (46 countries reporting)
- Egypt's -22.26 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 94.83 million. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Egypt changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -443.7% | 411.60 million | -1.41 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.18 million | -3.35 billion | 2.64 billion | 5 |
| 2010s | -9.00 billion | -20.49 billion | -3.53 billion | 10 |
| 2020s | -15.64 billion | -22.26 billion | -10.54 billion | 5 |
Countries ranked near Egypt
More financial sector data for Egypt
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Egypt?
- Current account balance (credit less debit), net (credits less debits) in Egypt was -22.26 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Egypt?
- The highest recorded value was 2.64 billion in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Egypt?
- The lowest recorded value was -22.26 billion in 2024.
- How does Egypt rank for current account balance (credit less debit), net (credits less debits)?
- Egypt ranks 192nd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Egypt?
- Over the last ten years it is down 273.8%. The long-run trend across the full record is volatile.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.