West Bank and Gaza - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in West Bank and Gaza was ($1,902,806,000) as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $380,599,300 in 2008 and ($2,142,546,000) in 2016.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1995 ($983,700,000)
1996 ($1,424,400,000)
1997 ($1,547,545,000)
1998 ($1,038,311,000)
1999 ($1,191,789,000)
2000 ($856,611,400)
2001 ($827,870,100)
2002 ($485,551,300)
2003 ($1,070,557,000)
2004 ($1,587,942,000)
2005 ($1,365,346,000)
2006 ($1,233,496,000)
2007 ($418,527,200)
2008 $380,599,300
2009 ($1,143,375,000)
2010 ($1,306,944,000)
2011 ($2,069,507,000)
2012 ($1,821,136,000)
2013 ($1,996,563,000)
2014 ($1,900,768,000)
2015 ($1,939,218,000)
2016 ($2,142,546,000)
2017 ($2,129,954,000)
2018 ($2,140,378,000)
2019 ($1,779,396,000)
2020 ($1,902,806,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in West Bank and Gaza was -12.23 as of 2020. Its highest value over the past 25 years was 5.21 in 2008, while its lowest value was -41.78 in 1996.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 -29.97
1996 -41.78
1997 -41.16
1998 -25.53
1999 -27.90
2000 -19.86
2001 -20.68
2002 -13.66
2003 -26.98
2004 -34.50
2005 -26.64
2006 -23.06
2007 -7.20
2008 5.21
2009 -14.14
2010 -13.50
2011 -18.50
2012 -14.92
2013 -14.77
2014 -13.59
2015 -13.88
2016 -13.91
2017 -13.21
2018 -13.15
2019 -10.39
2020 -12.23

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments