Republic of the Congo Current Account to GDP

Republic of the Congo recorded a Current Account surplus of 4.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Republic of the Congo averaged -8.52 percent from 1978 until 2013, 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 reported by the CNSEE, Congo.

   
 
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Republic of the Congo Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
4.90 -1.30 20.13 -44.84 1978 - 2013 percent Yearly
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.

Trade Last Previous Highest Lowest Unit
Balance of Trade 4092.35 1718.83 4092.35 452.80 CFA Franc Billion [+]
Exports 6271.01 3801.03 6271.01 806.90 CFA Franc Billion [+]
Imports 2178.66 2082.20 2178.66 321.80 CFA Franc Billion [+]
Current Account -1163.30 -658.80 584.91 -1163.30 CFA Franc Billion [+]
Current Account to GDP 4.90 -1.30 20.13 -44.84 percent [+]





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