Current account balance (credit less debit), Percent of GDP (Balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies
Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies: Current account balance (credit less debit), Percent of GDP (Balance) was -3.1 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies, 2000–2030
Source: International Monetary Fund.
Analysis
In 2030, current account balance (credit less debit), percent of gdp (balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies stood at -3.1.
That represents a change of up 3.2% on the previous year and down 8.0% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies peaked at 2.25 in 2003 and was at its lowest, -6.2, in 2017.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.67 | — |
| 2001 | -0.3561 | -78.7% |
| 2002 | 1.47 | -511.9% |
| 2003 | 2.25 | +53.6% |
| 2004 | 0.1674 | -92.6% |
| 2005 | -0.8695 | -619.4% |
| 2006 | -1.58 | +81.6% |
| 2007 | -2.16 | +36.6% |
| 2008 | -4.42 | +104.8% |
| 2009 | -4.94 | +11.9% |
| 2010 | -3.85 | -22.1% |
| 2011 | -3.95 | +2.5% |
| 2012 | -5.74 | +45.4% |
| 2013 | -4.71 | -17.9% |
| 2014 | -3.98 | -15.6% |
| 2015 | -3.88 | -2.4% |
| 2016 | -5.36 | +38.2% |
| 2017 | -6.2 | +15.5% |
| 2018 | -6.02 | -2.8% |
| 2019 | -4.96 | -17.7% |
| 2020 | -2.87 | -42.1% |
| 2021 | -3.58 | +24.7% |
| 2022 | -5.02 | +40.0% |
| 2023 | -2.05 | -59.2% |
| 2024 | -3.5 | +70.9% |
| 2025 | -3.12 | -11.0% |
| 2026 | -3.31 | +6.2% |
| 2027 | -3.29 | -0.4% |
| 2028 | -3.31 | +0.5% |
| 2029 | -3.21 | -3.2% |
| 2030 | -3.1 | -3.2% |
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies 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 |
|---|---|---|---|
| 2005 | -619.4% | 0.1674 | -0.8695 |
| 2002 | +511.9% | -0.3561 | 1.47 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.21 | -4.94 | 2.25 | 10 |
| 2010s | -4.87 | -6.2 | -3.85 | 10 |
| 2020s | -3.33 | -5.02 | -2.05 | 10 |
| 2030s | -3.1 | -3.1 | -3.1 | 1 |
Countries ranked near Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies
More financial sector data for Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies
- Gross international reserves, Central bank, US dollar (Balance of) 183.34 billion (2030)
- Gross international reserves, Central bank, In months of next year's 4.55 (2029)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies?
- Current account balance (credit less debit), percent of gdp (balance) in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies was -3.1 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies?
- The highest recorded value was 2.25 in 2003.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies?
- The lowest recorded value was -6.2 in 2017.
- How does Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies rank for current account balance (credit less debit), percent of gdp (balance)?
- Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies ranks 9th out of 13 groups with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this Middle East and North Africa, Afghanistan, Pakistan Emerging Market and Middle-Income Economies data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.