Current account balance as a proportion of GDP (%) in Democratic Republic of the Congo
Democratic Republic of the Congo: Current account balance as a proportion of GDP (%) was -3.8% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Democratic Republic of the Congo, 2005–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Democratic Republic of the Congo is -3.8%, measured in 2024.
That represents a change of up 31.1% on the previous year and up 14.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Democratic Republic of the Congo peaked at 2.9% in 2007 and was at its lowest, -9.0%, in 2010.
That places Democratic Republic of the Congo 136th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Democratic Republic of the Congo, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -3.1% | — |
| 2006 | 0.3% | -110.0% |
| 2007 | 2.9% | +829.1% |
| 2008 | -0.7% | -123.2% |
| 2009 | -6.0% | +808.3% |
| 2010 | -9.0% | +49.0% |
| 2011 | -4.9% | -46.1% |
| 2012 | -4.2% | -13.5% |
| 2013 | -8.9% | +112.3% |
| 2014 | -4.5% | -49.6% |
| 2015 | -3.7% | -17.8% |
| 2016 | -3.9% | +5.5% |
| 2017 | -3.3% | -15.1% |
| 2018 | -3.6% | +8.4% |
| 2019 | -3.6% | +0.8% |
| 2020 | -2.3% | -37.7% |
| 2021 | -1.0% | -55.9% |
| 2022 | -4.5% | +349.5% |
| 2023 | -5.6% | +24.4% |
| 2024 | -3.8% | -31.1% |
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Democratic Republic of the Congo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -808.3% | -0.7% | -6.0% |
| 2007 | +829.1% | 0.3% | 2.9% |
| 2022 | -349.5% | -1.0% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.3% | -6.0% | 2.9% | 5 |
| 2010s | -5.0% | -9.0% | -3.3% | 10 |
| 2020s | -3.4% | -5.6% | -1.0% | 5 |
Countries ranked near Democratic Republic of the Congo
- 133 Venezuela (Bolivarian Republic of) -3.4% compare
- 134 Paraguay -3.4% compare
- 135 Bosnia and Herzegovina -3.5% compare
- 137 Philippines -4.0% compare
- 138 United States -4.1% compare
- 139 Cameroon -4.1% compare
More economy & growth data for Democratic Republic of the Congo
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8929 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.08 Percent per annum (2029)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 14.31 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -3.74 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 7.19 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -9.74 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 21.94 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.68 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 6.68 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 6.68 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Democratic Republic of the Congo?
- Current account balance as a proportion of gdp in Democratic Republic of the Congo was -3.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Democratic Republic of the Congo?
- The highest recorded value was 2.9% in 2007.
- What is the lowest current account balance as a proportion of gdp recorded in Democratic Republic of the Congo?
- The lowest recorded value was -9.0% in 2010.
- How does Democratic Republic of the Congo rank for current account balance as a proportion of gdp?
- Democratic Republic of the Congo ranks 136th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Democratic Republic of the Congo?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is volatile.
- Where does this Democratic Republic of the Congo data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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