Current Account in DR Congo

DR Congo Current Account | Economic News & Forecasts

DR Congo - Current Account

Economic 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

2013  2014  2015  2016  2017  
Current Account (% of GDP)-9.5  -4.8  -3.9  -3.6  -3.1  

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Note: Current account balance as % of GDP.
Source: Central Bank of Congo

DR Congo Facts

ValueChangeDate
Exchange Rate1,611-0.78 %Jul 17
Stock Market0.40.0 %Jul 17

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