Net trade in goods and services in Congo
Congo: Net trade in goods and services was 3.26 billion BoP, current US$ in 2021. ◆ Volatile
Net trade in goods and services in Congo, 1978–2021
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Congo is 3.26 billion BoP, current US$, measured in 2021.
That represents a change of up 134.7% on the previous year and down 7.8% over ten years.
Over the whole period, net trade in goods and services in Congo peaked at 3.54 billion BoP, current US$ in 2011 and was at its lowest, -4.43 billion BoP, current US$, in 2015.
That places Congo 55th out of 200 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Congo, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | -164.30 million BoP, current US$ | — |
| 1979 | -17.39 million BoP, current US$ | -89.4% |
| 1980 | -4.03 million BoP, current US$ | -76.8% |
| 1981 | -360.17 million BoP, current US$ | +8842.0% |
| 1982 | -175.06 million BoP, current US$ | -51.4% |
| 1983 | -222.94 million BoP, current US$ | +27.3% |
| 1984 | 339.79 million BoP, current US$ | -252.4% |
| 1985 | 63.80 million BoP, current US$ | -81.2% |
| 1986 | -393.45 million BoP, current US$ | -716.7% |
| 1987 | 21.89 million BoP, current US$ | -105.6% |
| 1988 | -147.37 million BoP, current US$ | -773.3% |
| 1989 | 229.78 million BoP, current US$ | -255.9% |
| 1990 | 206.05 million BoP, current US$ | -10.3% |
| 1991 | -74.09 million BoP, current US$ | -136.0% |
| 1992 | 69.14 million BoP, current US$ | -193.3% |
| 1993 | -170.22 million BoP, current US$ | -346.2% |
| 1994 | -582.67 million BoP, current US$ | +242.3% |
| 1995 | 28.16 million BoP, current US$ | -104.8% |
| 1996 | 223.55 million BoP, current US$ | +693.8% |
| 1997 | 363.87 million BoP, current US$ | +62.8% |
| 1998 | 69.57 million BoP, current US$ | -80.9% |
| 1999 | 314.98 million BoP, current US$ | +352.8% |
| 2000 | 1.44 billion BoP, current US$ | +356.6% |
| 2001 | 666.19 million BoP, current US$ | -53.7% |
| 2002 | 839.52 million BoP, current US$ | +26.0% |
| 2003 | 1.13 billion BoP, current US$ | +34.2% |
| 2004 | 1.65 billion BoP, current US$ | +46.2% |
| 2005 | 2.24 billion BoP, current US$ | +36.2% |
| 2006 | 1.90 billion BoP, current US$ | -15.2% |
| 2007 | -694.79 million BoP, current US$ | -136.5% |
| 2008 | 2.30 billion BoP, current US$ | -431.0% |
| 2009 | -641.01 million BoP, current US$ | -127.9% |
| 2010 | 1.71 billion BoP, current US$ | -366.5% |
| 2011 | 3.54 billion BoP, current US$ | +107.4% |
| 2012 | 3.31 billion BoP, current US$ | -6.5% |
| 2013 | 2.31 billion BoP, current US$ | -30.2% |
| 2014 | 370.87 million BoP, current US$ | -83.9% |
| 2015 | -4.43 billion BoP, current US$ | -1293.9% |
| 2016 | -2.69 billion BoP, current US$ | -39.2% |
| 2019 | 2.91 billion BoP, current US$ | -208.1% |
| 2020 | 1.39 billion BoP, current US$ | -52.2% |
| 2021 | 3.26 billion BoP, current US$ | +134.7% |
Congo compared with similar countries
- Congo's 3.26 billion BoP, current US$ is above the median for lower middle income countries, which is -1.21 billion BoP, current US$. (47 countries reporting)
- Congo's 3.26 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Congo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | -8842.0% | -4.03 million BoP, current US$ | -360.17 million BoP, current US$ |
| 2015 | -1293.9% | 370.87 million BoP, current US$ | -4.43 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -90.85 million BoP, current US$ | -164.30 million BoP, current US$ | -17.39 million BoP, current US$ | 2 |
| 1980s | -64.78 million BoP, current US$ | -393.45 million BoP, current US$ | 339.79 million BoP, current US$ | 10 |
| 1990s | 44.83 million BoP, current US$ | -582.67 million BoP, current US$ | 363.87 million BoP, current US$ | 10 |
| 2000s | 1.08 billion BoP, current US$ | -694.79 million BoP, current US$ | 2.30 billion BoP, current US$ | 10 |
| 2010s | 879.36 million BoP, current US$ | -4.43 billion BoP, current US$ | 3.54 billion BoP, current US$ | 8 |
| 2020s | 2.33 billion BoP, current US$ | 1.39 billion BoP, current US$ | 3.26 billion BoP, current US$ | 2 |
Countries ranked near Congo
More economy & growth data for Congo
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.79 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.01 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 25.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.01 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 603.62 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -3.65 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0384 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 6.03 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Congo?
- Net trade in goods and services in Congo was 3.26 billion BoP, current US$ in 2021, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Congo?
- The highest recorded value was 3.54 billion BoP, current US$ in 2011.
- What is the lowest net trade in goods and services recorded in Congo?
- The lowest recorded value was -4.43 billion BoP, current US$ in 2015.
- How does Congo rank for net trade in goods and services?
- Congo ranks 55th out of 200 countries with data for 2021.
- Is net trade in goods and services rising or falling in Congo?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.