Current account balance excluding net official capital grants in North Africa
North Africa: Current account balance excluding net official capital grants was 0.5% in 2011. ◆ Volatile
Latest (2011)
0.5%
Change on year
up 59.7%
Rank
1st
of 6 groups
All-time high
14.3%
in 2006
All-time low
0.0%
in 2009
Years of data
7
2005–2011
Current account balance excluding net official capital grants in North Africa, 2005–2011
Source: World Bank country economists. Measured in % of GDP.
Analysis
In 2011, current account balance excluding net official capital grants in North Africa stood at 0.5%.
That represents a change of up 59.7% on the previous year and down 95.8% over ten years.
Current account balance excluding net official capital grants in North Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 11.9% | — |
| 2006 | 14.3% | +20.3% |
| 2007 | 12.9% | -9.8% |
| 2008 | 11.1% | -13.9% |
| 2009 | 0.0% | -99.7% |
| 2010 | 0.3% | +950.9% |
| 2011 | 0.5% | +59.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.0% | 0.0% | 14.3% | 5 |
| 2010s | 0.4% | 0.3% | 0.5% | 2 |
Countries ranked near North Africa
More trade data for North Africa
- Net long-term borrowing 758.90 million BoP, current US$ (2011)
- Pesticides imports 148.36 million FAO, current US$ (2011)
- Cereal imports 8.63 billion FAO, current US$ (2010)
- Total agricultural imports 26.97 billion FAO, current US$ (2010)
- Food imports excluding fish 22.64 billion FAO, current US$ (2010)
- Cereal imports quantity 36.58 million FAO, tonnes (2010)
- Total agricultural exports 5.78 billion FAO, current US$ (2010)
- Cereal exports quantity 495,830 FAO, tonnes (2010)
- Cereal exports 187.33 million FAO, current US$ (2010)
- Merchandise exports, WB 188.13 billion current US$ (2011)
Frequently asked questions
- What is current account balance excluding net official capital grants in North Africa?
- Current account balance excluding net official capital grants in North Africa was 0.5% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in North Africa?
- The highest recorded value was 14.3% in 2006.
- What is the lowest current account balance excluding net official capital grants recorded in North Africa?
- The lowest recorded value was 0.0% in 2009.
- How does North Africa rank for current account balance excluding net official capital grants?
- North Africa ranks 1st out of 6 groups with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in North Africa?
- Over the last ten years it is down 95.8%. The long-run trend across the full record is volatile.
- Where does this North Africa data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.