Mauritania recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Mauritania

Current Account to GDP in Mauritania averaged -13.39 percent of GDP from 1963 until 2020, reaching an all time high of 6.33 percent of GDP in 1984 and a record low of -44.50 percent of GDP in 2014. 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 September of 2021.

Current Account to GDP in Mauritania is expected to reach -10.00 percent of GDP by the end of 2021, 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 -10.60 percent of GDP in 2022 and -12.00 percent of GDP in 2023, according to our econometric models.

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Mauritania Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -11.00 6.33 -44.50 1963 - 2020 percent of GDP Yearly

Mauritania Trade Last Previous Highest Lowest Unit
Balance of Trade 22.32 16.67 45.66 -316.67 MRO Billion [+]
Current Account -576.30 -831.11 27.69 -1473.00 MRO Billion [+]
Current Account to GDP -7.00 -11.00 6.33 -44.50 percent of GDP [+]
Imports 262.35 257.23 502.62 13.51 MRO Billion [+]
Exports 284.67 273.90 314.20 18.54 MRO Billion [+]
Terrorism Index 0.00 0.00 3.56 0.00 [+]
External Debt 4342.00 4131.00 4342.00 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.