Democratic Republic of the Congo: Trade balance, percent of GDP
* indicates monthly or quarterly data series
| Democratic Republic of the Congo |
Trade balance as percent of GDP |
|---|---|
| Latest value | -2.77 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1994 - 2022 |
| Average | -2.96 |
| Min - Max | -9.32 - 6.09 |
| Source | The World Bank |
The latest value from 2022 is -2.77 percent, a decline from 0.29 percent in 2021. In comparison, the world average is -4.42 percent, based on data from 149 countries. Historically, the average for Democratic Republic of the Congo from 1994 to 2022 is -2.96 percent. The minimum value, -9.32 percent, was reached in 2009 while the maximum of 6.09 percent was recorded in 1999.
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* indicates monthly or quarterly data series
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The trade balance for Democratic Republic of the Congo and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 132.84 | 2021 | percent |
| Trade openness | 91.26 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 44.25 | 2023 | percent |
| Exports, billion dollars | 29.37 | 2023 | billion U.S. dollars |
| Growth of exports | 15.72 | 2023 | percent |
| Imports, percent of GDP | 47.02 | 2023 | percent |
| Imports, billion dollars | 31.21 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 2.85 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 1.85 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | -2.66 | 2021 | million dollars (current) |
| Current account, percent of GDP | -6.40 | 2022 | percent |
| Current account, in dollars | -0.59 | 2021 | billion U.S. dollars |
| Trade balance, percent of GDP | -2.77 | 2022 | percent |
| Trade balance, in dollars | 0.16 | 2021 | billion U.S. dollars |
| Reserves | 3.47 | 2021 | billion U.S. dollars |
| Remittances, percent of GDP | 2.05 | 2023 | percent |
| Remittances | 1,361.14 | 2023 | million U.S. dollars |
| Net errors and omissions | -435.48 | 2021 | million USD |
| External debt | 15.16 | 2022 | percent |
| Short-term external debt | 5.52 | 2022 | percent |
| Short-term debt to reserves | 13.13 | 2021 | percent |
| Foreign exchange reserves | 16,847.43 | 6/2024 | billion |