Impact of COVID-19 on projected current account balance in Algeria 2020-2021

Published by Statista Research Department, May 2, 2024
The coronavirus (COVID-19) pandemic is expected to worsen the Algerian account balance. In the worst scenario, with the coronavirus crisis would continuing until December 2020, the current account balance was expected to reach -20 percent of the gross domestic product (GDP) in 2020 and -15.9 percent in 2021.

Impact of coronavirus (COVID-19) on projected current account balance as a share of GDP in Algeria in 2020 and 2021

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Release date

July 2020

Region

Algeria

Survey time period

June 2020

Supplementary notes

Assumptions:

1) Baseline scenario: pandemic subsides in July 2020
2) Worst scenario: pandemic continues to December

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