Africa Current Account to GDP Ratio Ranking (2024)
In 2024, Current Account to GDP Ratio in Africa was highest in Ghana at 4.40%, followed by Algeria at 1.30% and Nigeria at -0.50%. The average ratio across countries in Africa was -2.29%, the median was -2.50%, and Uganda recorded the lowest ratio at -9.20%, according to data from various central banks.
Data is available for the period 1963 to 2024 across 11 countries.
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 4.4% | 1.4% | 2024 | |
| 2 | 1.3% | 2.5% | 2024 | |
| 3 | -0.5% | -0.3% | 2024 | |
| 4 | -0.6% | -1.6% | 2024 | |
| 5 | -1.6% | -2.8% | 2024 | |
| 6 | -2.5% | -3.7% | 2024 | |
| 7 | -3.4% | -2.9% | 2024 | |
| 8 | -3.6% | -4% | 2024 | |
| 9 | -4.2% | -4.4% | 2024 | |
| 10 | -5.3% | -1.2% | 2024 | |
| 11 | -9.2% | -8.3% | 2024 |
Africa Current Account to GDP Ratio Ranking (2024) : Definition
Current Account to GDP Ratio is the balance of trade in goods and services plus net income and transfers, as a share of GDP.