Central African Republic recorded a Current Account deficit of 8 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Central African Republic averaged -6.09 percent of GDP from 1977 until 2024, reaching an all time high of -0.60 percent of GDP in 1981 and a record low of -12.20 percent of GDP in 2022. source: Bank of Central African States

Current Account to GDP in Central African Republic is expected to reach -3.30 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Central African Republic Current Account to GDP is projected to trend around -3.60 percent of GDP in 2027 and -4.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Current Account -166.00 -62.00 XAF Billion Dec 2024
Current Account to GDP -8.00 -9.70 percent of GDP Dec 2024


Central African Republic 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
-8.00 -9.70 -0.60 -12.20 1977 - 2024 percent of GDP Yearly