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Current account balance in relation to GDP in East Africa 2020-2023

Published by
Natalie Cowling,
Jan 30, 2024
The current account balance in East Africa was estimated at minus 7.1 percent of the region's Gross Domestic Product (GDP) in 2021. It might worsen from minus 5.4 percent of GDP in the previous year. According to the source, this deterioration could be in part related to an increase in imports as trade corridors reopen after the coronavirus (COVID-19) crisis.

Current account balance as a share of GDP in East Africa from 2020 to 2023

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Release date

November 2020

Region

Africa

Survey time period

2020 to 2023

Supplementary notes

Estimated data for 2020 and 2021. Projected data for 2022 and 2023.

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