Republic of the Congo: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Republic of the Congo

Trade balance as percent of GDP

 Latest value 12.37
 Year 2024
 Measure percent
 Data availability 1960 - 2024
 Average -1.22
 Min - Max -65.15 - 36.68
 Source The World Bank
The latest value from 2024 is 12.37 percent, a decline from 17.58 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for the Republic of the Congo from 1960 to 2024 is -1.22 percent. The minimum value, -65.15 percent, was reached in 1960 while the maximum of 36.68 percent was recorded in 2000. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Republic of the Congo - Trade balance, percent of GDP - Recent values chart

Historical series
Republic of the Congo - Trade balance, percent of GDP - historical chart - 1960-2024




The trade balance for the 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: 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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 Related indicators Latest Reference Measure
 Terms of trade 113.70 2023 percent
 Trade openness 93.19 2024 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 52.78 2024 percent
 Exports, billion dollars 8.30 2024 billion U.S. dollars
 Growth of exports -0.49 2024 percent
 Imports, percent of GDP 40.41 2024 percent
 Imports, billion dollars 6.35 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.09 2023 percent
 Foreign Direct Investment, billion dollars 0.60 2024 billion U.S. dollars
 Portfolio investment inflows, equities 31.82 2020 million dollars (current)
 Current account, percent of GDP 3.50 2023 percent
 Current account, in dollars 1.72 2021 billion U.S. dollars
 Trade balance, percent of GDP 12.37 2024 percent
 Trade balance, in dollars 3.26 2021 billion U.S. dollars
 Reserves 0.72 2023 billion U.S. dollars
 Remittances, percent of GDP 0.02 2023 percent
 Remittances 43.96 2023 million U.S. dollars
 Net errors and omissions -383.56 2021 million USD
 External debt 53.48 2023 percent
 Short-term external debt 2.54 2023 percent
 Short-term debt to reserves 27.57 2023 percent
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