Republic of the Congo recorded a Current Account deficit of 42.80 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Republic of the Congo averaged -10.16 percent from 1978 until 2017, reaching an all time high of 20.13 percent in 2000 and a record low of -44.84 percent in 1994.

Current Account to GDP in Republic of the Congo is expected to be -21.00 percent by the end of this quarter, 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 -10.00 percent in 2020, according to our econometric models.

Republic of the Congo Current Account to GDP
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Republic of the Congo Trade Last Previous Highest Lowest Unit
Current Account to GDP -42.80 -24.20 20.13 -44.84 percent [+]
Terrorism Index 4.04 0.37 4.04 0.00 [+]
Crude Oil Production 347.00 332.00 370.00 153.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-42.80 -24.20 20.13 -44.84 1978 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


Related

Latest