The coronavirus (COVID-19) pandemic is expected to worsen the situation for the Egypt net exports. Before the occurrence of the pandemic, the estimates where showing a deficit of 1.8 and 1.2 percent of GDP in 2020 and 2021, respectively. However, in the worst scenario, when the coronavirus crisis would continue until December 2020, the current account balance is believed to be 7.1 percent of GDP in 2020 and 7.2 percent of GDP in 2021.
Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021
Characteristic
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2021
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AfDB. (June 1, 2020). Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/
AfDB. "Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021." Chart. June 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/
AfDB. (2020). Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/
AfDB. "Impact of Coronavirus (Covid-19) on Projected Current Account Balance in Egypt in 2020 and 2021." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/
AfDB, Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021 Statista, https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/ (last visited July 22, 2024)
Impact of coronavirus (COVID-19) on projected current account balance in Egypt in 2020 and 2021 [Graph], AfDB, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1169819/impact-of-covid-19-on-projected-current-account-balance-in-egypt/