Current Account in DR Congo
DR Congo - Current AccountThe economy should have benefited from healthier external trade last year. Growth in output of copper jumped through November compared to 2020, while cement production swung from a contraction in 2020 to a robust expansion in the same period. On the other hand, cobalt output growth eased somewhat. Meanwhile, activity will have been hindered by continued sectarian and rebel violence. To that end, on 11 December the country’s armed forces and Uganda’s military announced the continuation of joint operations against the Allied Democratic Forces in two eastern provinces. Meanwhile, on 17 December the government announced the ratification of a law to authorize the funding, construction and operation of a bridge over the river Congo. The bridge will connect the country’s capital with Brazzaville, the capital of the Republic of Congo, and should buoy activity and investment.
DR Congo - Current Account Data
|Current Account (% of GDP)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,687||-0.78 %||Jan 01|
|Stock Market||0.6||0.0 %||Jan 07|
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