Mauritania recorded a Current Account deficit of 13 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Mauritania averaged -12.97 percent from 1963 until 2019, reaching an all time high of 6.33 percent in 1984 and a record low of -36.86 percent in 1970. This page provides - Mauritania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mauritania Current Account to GDP - values, historical data and charts - was last updated on October of 2020.

Current Account to GDP in Mauritania is expected to reach -18.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mauritania Current Account to GDP is projected to trend around -15.00 percent in 2021 and -14.30 percent in 2022, according to our econometric models.

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Mauritania Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-13.00 -18.60 6.33 -36.86 1963 - 2019 percent Yearly

Mauritania Trade Last Previous Highest Lowest Unit
Balance of Trade -44.46 -10.46 45.66 -316.67 MRO Billion [+]
Current Account -972.00 -681.00 27.69 -1470.70 MRO Billion [+]
Current Account to GDP -13.00 -18.60 6.33 -36.86 percent [+]
Imports 296.75 418.83 502.62 13.51 MRO Billion [+]
Exports 252.29 314.20 314.20 18.54 MRO Billion [+]
Terrorism Index 0.00 0.00 3.56 0.00 [+]
External Debt 4059.00 4068.40 4068.40 1248.30 Million USD [+]
Crude Oil Production 0.00 0.00 50.00 0.00 BBL/D/1K [+]


Mauritania Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.