Current Account in DR Congo
DR Congo - Current AccountEconomic activity firmed up in the first quarter on the back of the extractive sectors, largely thanks to a strong global economy and elevated commodity prices. Moreover, solid advances in the services sectors came in line with this year’s strong improvement in business sentiment. Despite these gains, the economy faces significant political risk ahead of December’s long-delayed elections. Joseph Kabila, the deeply unpopular longtime president, has yet to announce whether he will run again—which he is constitutionally barred from doing. The international community has begun to apply pressure; UN officials have been in talks with Kabila, while the U.S. has agreed to tie new investment to free and fair elections.
DR Congo - Current Account Data
|Current Account (% of GDP)||-9.5||-4.8||-3.9||-3.6||-3.1|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,611||-0.78 %||Jul 17|
|Stock Market||0.4||0.0 %||Jul 17|
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