Republic of the Congo recorded a Current Account surplus of 15.50 percent of the country's Gross Domestic Product in 2021. source: CNSEE, Congo

Current Account to GDP in Republic of the Congo averaged -8.55 percent of GDP from 1978 until 2021, reaching an all time high of 20.13 percent of GDP in 2000 and a record low of -44.84 percent of GDP in 1994. This page provides - Republic of the Congo Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic of the Congo Current Account to GDP - values, historical data and charts - was last updated on September of 2022.

Current Account to GDP in Republic of the Congo is expected to reach 6.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Republic of the Congo Current Account to GDP is projected to trend around 4.00 percent of GDP in 2023 and 2.50 percent of GDP in 2024, according to our econometric models.

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Republic of the Congo Current Account to GDP



Related Last Previous Unit Reference
Current Account to GDP 15.50 -0.20 percent of GDP Dec 2021
Current Account -531.00 -2162.00 XAF Billion Dec 2014

Republic of the Congo 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.
Actual Previous Highest Lowest Dates Unit Frequency
15.50 -0.20 20.13 -44.84 1978 - 2021 percent of GDP Yearly