Current account balance (credit less debit), Percent of GDP (Balance) in Central African Economic and Monetary Community (CEMAC)
Central African Economic and Monetary Community (CEMAC): Current account balance (credit less debit), Percent of GDP (Balance) was -4.32 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Central African Economic and Monetary Community (CEMAC), 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, current account balance (credit less debit), percent of gdp (balance) in Central African Economic and Monetary Community (CEMAC) stood at -4.32.
The figure is down 17.4% on the previous year and down 6.3% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Central African Economic and Monetary Community (CEMAC) peaked at 6.71 in 2008 and was at its lowest, -12, in 2016.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Central African Economic and Monetary Community (CEMAC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5 | — |
| 2001 | -2.41 | -148.3% |
| 2002 | -7.7 | +218.9% |
| 2003 | -2.41 | -68.7% |
| 2004 | 0.8783 | -136.4% |
| 2005 | 2.82 | +221.1% |
| 2006 | 4.95 | +75.4% |
| 2007 | 5.16 | +4.4% |
| 2008 | 6.71 | +29.9% |
| 2009 | -4.92 | -173.3% |
| 2010 | -1.62 | -67.1% |
| 2011 | 2.38 | -247.2% |
| 2012 | 2.48 | +4.1% |
| 2013 | 0.9565 | -61.4% |
| 2014 | -1.41 | -247.8% |
| 2015 | -9.75 | +589.7% |
| 2016 | -12 | +23.1% |
| 2017 | -4.07 | -66.1% |
| 2018 | 1.36 | -133.4% |
| 2019 | -0.7113 | -152.3% |
| 2020 | -0.8336 | +17.2% |
| 2021 | 0.7499 | -190.0% |
| 2022 | 3.89 | +418.4% |
| 2023 | -1.66 | -142.6% |
| 2024 | -1.51 | -8.9% |
| 2025 | -3.18 | +110.9% |
| 2026 | -3.68 | +15.7% |
| 2027 | -4.32 | +17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8076 | -7.7 | 6.71 | 10 |
| 2010s | -2.24 | -12 | 2.48 | 10 |
| 2020s | -1.32 | -4.32 | 3.89 | 8 |
Countries ranked near Central African Economic and Monetary Community (CEMAC)
More financial sector data for Central African Economic and Monetary Community (CEMAC)
- Total reserves (gold at market value) 3.59 billion SDR (2016)
- Total reserves (gold at national valuation) (SDR), annual growth rate -49.6 % change on previous year (2016)
- Total reserves (gold at market value) (SDR), annual growth rate -50.88 % change on previous year (2016)
- Total reserves (gold at national valuation) (SDR), annual growth rate -49.6 % change on previous year (2016)
- Total reserves (gold at national valuation) 3.77 billion SDR (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2016)
- Reserves excluding gold, foreign exchange 3.34 billion SDR (2016)
- Gold reserves at market value 0 SDR (2016)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -52.73 % change on previous year (2016)
- Reserves excluding gold 3.59 billion SDR (2016)
All data for Central African Economic and Monetary Community (CEMAC) →
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Central African Economic and Monetary Community (CEMAC)?
- Current account balance (credit less debit), percent of gdp (balance) in Central African Economic and Monetary Community (CEMAC) was -4.32 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Central African Economic and Monetary Community (CEMAC)?
- The highest recorded value was 6.71 in 2008.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Central African Economic and Monetary Community (CEMAC)?
- The lowest recorded value was -12 in 2016.
- How does Central African Economic and Monetary Community (CEMAC) rank for current account balance (credit less debit), percent of gdp (balance)?
- Central African Economic and Monetary Community (CEMAC) ranks 19th out of 19 groups with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Central African Economic and Monetary Community (CEMAC)?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is volatile.
- Where does this Central African Economic and Monetary Community (CEMAC) data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.