Emirates NBD Research
Choose your website / عربي Choose your website and language
MENA Exporters Forecasts
| Algeria | 2019 | 2020 | 2021f | 2022f | 2023f |
| Nominal GDP $bn | 171.1 | 159.7 | 165.2 | 177.9 | 187.1 |
| Real GDP % | 0.1 | -5.1 | 3.5 | 3.3 | 3.0 |
| Current A/C % GDP | -10.0 | -10.7 | -2.1 | 10.8 | 9.9 |
| Budget Balance % GDP | -6.7 | -10.3 | -7.8 | -6.2 | -5.8 |
| CPI % | 2.3 | 2.8 | 6.6 | 10.0 | 6.3 |
| Iran | 2019 | 2020 | 2021f | 2022f | 2023f |
| Nominal GDP $bn | 635.8 | 909.5 | 1274.9 | 1525.2 | 1667.3 |
| Real GDP % | -6.8 | 3.4 | 4.0 | 3.5 | 4.0 |
| Current A/C % GDP | 0.6 | -0.1 | 1.2 | 2.7 | 3.3 |
| Budget Balance % GDP | -4.3 | -5.1 | -3.7 | -3.1 | -2.8 |
| CPI % | 36.2 | 35.9 | 46.0 | 25.0 | 15.0 |
| Iraq | 2019 | 2020 | 2021f | 2022f | 2023f |
| Nominal GDP $bn | 228.6 | 163.5 | 176.1 | 198.9 | 220.1 |
| Real GDP % | 6.0 | -15.7 | 2.5 | 7.6 | 5.4 |
| Current A/C% GDP | 6.9 | -3.8 | 14.1 | 23.4 | 19.7 |
| Budget Balance % GDP | 0.9 | -10.1 | -2.3 | 10.3 | 3.7 |
| CPI % | -0.2 | 3.2 | 6.0 | 5.5 | 4.5 |
| Libya | 2019 | 2020 | 2021f | 2022f | 2023f |
| Nominal GDP $bn | 36.4 | 29.4 | 16.1 | 16.6 | 17.7 |
| Real GDP % | 118.3 | -80.8 | 96.2 | -2.2 | 9.4 |
| Current A/C% GDP | -6.3 | -14.9 | 15.3 | 49.0 | 73.0 |
| Budget Balance % GDP | -29.4 | -39.5 | 12.0 | 25.0 | 27.1 |
| CPI % | -2.2 | 2.8 | 3.7 | 5.5 | 6.0 |
| Oil Exporters (GDP weighted avg) | 2019 | 2020 | 2021f | 2022f | 2023f |
| Nominal GDP $bn | 454.5 | 693.1 | 1029.2 | 1258.5 | 1379.5 |
| Real GDP % | 1.5 | -1.3 | 4.3 | 3.2 | 4.2 |
| Current A/C % GDP | -0.5 | -2.3 | 1.6 | 4.1 | 5.2 |
| Budget Balance % GDP | -4.4 | -6.5 | -3.7 | -2.0 | -2.3 |
| CPI % | 22.3 | 26.5 | 36.7 | 20.9 | 13.1 |
Source: Haver Analytics, National sources, Emirates NBD Research