Balanced trade in services in Democratic Republic of the Congo
Democratic Republic of the Congo: Balanced trade in services was 2.13 US dollars, exchange rate converted in 2024. ▲ Rising
Balanced trade in services in Democratic Republic of the Congo, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Democratic Republic of the Congo recorded 2.13 US dollars, exchange rate converted for balanced trade in services in 2024. That is the highest value across all 20 years on record.
That represents a change of up 25.7% on the previous year and up 106.3% over ten years.
Over the whole period, balanced trade in services in Democratic Republic of the Congo peaked at 2.13 US dollars, exchange rate converted in 2024 and was at its lowest, 0.3843 US dollars, exchange rate converted, in 2006.
The long-run direction has been consistently rising across the 20 years of available data.
Balanced trade in services in Democratic Republic of the Congo, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.43 US dollars, exchange rate converted | — |
| 2006 | 0.3843 US dollars, exchange rate converted | -10.6% |
| 2007 | 0.5849 US dollars, exchange rate converted | +52.2% |
| 2008 | 0.7426 US dollars, exchange rate converted | +27.0% |
| 2009 | 0.6406 US dollars, exchange rate converted | -13.7% |
| 2010 | 0.8262 US dollars, exchange rate converted | +29.0% |
| 2011 | 0.8987 US dollars, exchange rate converted | +8.8% |
| 2012 | 0.7894 US dollars, exchange rate converted | -12.2% |
| 2013 | 0.891 US dollars, exchange rate converted | +12.9% |
| 2014 | 1.03 US dollars, exchange rate converted | +16.1% |
| 2015 | 0.8659 US dollars, exchange rate converted | -16.3% |
| 2016 | 0.8226 US dollars, exchange rate converted | -5.0% |
| 2017 | 0.7452 US dollars, exchange rate converted | -9.4% |
| 2018 | 1.05 US dollars, exchange rate converted | +41.5% |
| 2019 | 0.9401 US dollars, exchange rate converted | -10.9% |
| 2020 | 0.7972 US dollars, exchange rate converted | -15.2% |
| 2021 | 1.18 US dollars, exchange rate converted | +48.6% |
| 2022 | 1.51 US dollars, exchange rate converted | +27.5% |
| 2023 | 1.7 US dollars, exchange rate converted | +12.4% |
| 2024 | 2.13 US dollars, exchange rate converted | +25.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5565 US dollars, exchange rate converted | 0.3843 US dollars, exchange rate converted | 0.7426 US dollars, exchange rate converted | 5 |
| 2010s | 0.8869 US dollars, exchange rate converted | 0.7452 US dollars, exchange rate converted | 1.05 US dollars, exchange rate converted | 10 |
| 2020s | 1.46 US dollars, exchange rate converted | 0.7972 US dollars, exchange rate converted | 2.13 US dollars, exchange rate converted | 5 |
Countries ranked near Democratic Republic of the Congo
- 3 Viet Nam 9.66 US dollars, exchange rate converted compare
- 3 Croatia 2.8 US dollars, exchange rate converted compare
- 3 United Kingdom 156.72 US dollars, exchange rate converted compare
- 4 Poland 5.94 US dollars, exchange rate converted compare
- 4 Canada 101.73 US dollars, exchange rate converted compare
- 5 India 99.38 US dollars, exchange rate converted compare
- 6 Singapore 97.34 US dollars, exchange rate converted compare
- 6 Mauritania 0.848 US dollars, exchange rate converted compare
- 7 Equatorial Guinea 0.7637 US dollars, exchange rate converted compare
- 7 Latvia 1.98 US dollars, exchange rate converted compare
- 7 Japan 89.29 US dollars, exchange rate converted compare
- 8 Moldova 0.6755 US dollars, exchange rate converted compare
- 8 Brazil 83.18 US dollars, exchange rate converted compare
- 8 Lithuania 1.25 US dollars, exchange rate converted compare
- 9 Slovenia 0.9632 US dollars, exchange rate converted compare
- 9 Australia 73.5 US dollars, exchange rate converted compare
More economy & growth data for Democratic Republic of the Congo
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8929 Percent per annum (2029)
- Gross Fixed Capital Formation — Value Standard Local Currency 65.42 million million SLC (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 18.78 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.27 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 6.68 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -0.595 % (2024)
- Gross Domestic Product — Annual growth US$ 2.68 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 6.68 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 56.14 million million SLC (2024)
Frequently asked questions
- What is balanced trade in services in Democratic Republic of the Congo?
- Balanced trade in services in Democratic Republic of the Congo was 2.13 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Democratic Republic of the Congo?
- The highest recorded value was 2.13 US dollars, exchange rate converted in 2024.
- What is the lowest balanced trade in services recorded in Democratic Republic of the Congo?
- The lowest recorded value was 0.3843 US dollars, exchange rate converted in 2006.
- How does Democratic Republic of the Congo rank for balanced trade in services?
- Democratic Republic of the Congo ranks 6th out of 12 countries with data for 2024.
- Is balanced trade in services rising or falling in Democratic Republic of the Congo?
- Over the last ten years it is up 106.3%. The long-run trend across the full record is rising.
- Where does this Democratic Republic of the Congo data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html