Current account balance (credit less debit), Net (credits less debits) in Congo
Congo: Current account balance (credit less debit), Net (credits less debits) was 1.72 billion in 2021. β Volatile
Current account balance (credit less debit), Net (credits less debits) in Congo, 2005β2021
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Congo is 1.72 billion, measured in 2021.
Compared with earlier readings it is up 19.1% on the previous year and down 17.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Congo peaked at 2.42 billion in 2012 and was at its lowest, -4.63 billion, in 2015.
That places Congo 48th out of 198 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -357.96 million | -2.11 billion | 869.28 million | 5 |
| 2010s | 177.27 million | -4.63 billion | 2.42 billion | 8 |
| 2020s | 1.58 billion | 1.44 billion | 1.72 billion | 2 |
Countries ranked near Congo
More financial sector data for Congo
- Net domestic credit (current LCU), per capita 345,680 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 165.15 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 65.23 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2018)
- Gold reserves at market value 0 SDR (2018)
- Reserves excluding gold, foreign exchange 552.98 million SDR (2024)
- Reserves excluding gold 581.65 million SDR (2024)
- Total reserves (gold at market value) 581.65 million SDR (2024)
- Total reserves (gold at national valuation) 604.00 million SDR (2024)
- Domestic credit to private sector by banks 13.7% (2023)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Congo?
- Current account balance (credit less debit), net (credits less debits) in Congo was 1.72 billion in 2021, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Congo?
- The highest recorded value was 2.42 billion in 2012.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Congo?
- The lowest recorded value was -4.63 billion in 2015.
- How does Congo rank for current account balance (credit less debit), net (credits less debits)?
- Congo ranks 48th out of 198 countries with data for 2021.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Congo?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.