Congo - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Congo was ($163,119,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $3,538,447,000 in 2011 and ($4,425,830,000) in 2015.

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). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 ($85,828,370)
1961 ($97,378,320)
1962 ($54,056,320)
1963 ($36,814,250)
1964 ($33,975,280)
1965 ($33,869,130)
1966 ($46,809,160)
1967 ($60,162,410)
1968 ($67,457,190)
1969 ($65,779,200)
1970 ($63,313,320)
1971 ($64,643,480)
1972 ($96,418,040)
1973 ($63,708,740)
1974 ($36,559,240)
1975 ($213,706,200)
1976 ($197,530,400)
1977 ($150,603,500)
1978 ($152,446,300)
1979 ($14,573,040)
1980 ($1,893,226)
1981 ($360,282,200)
1982 ($286,056,600)
1983 $129,636,300
1984 $351,064,600
1985 $16,916,600
1986 ($255,843,200)
1987 $71,538,720
1988 $4,364,639
1989 $327,264,200
1990 $916,179,700
1991 $370,161,400
1992 $711,115,500
1993 $308,604,500
1994 ($277,829,400)
1995 $23,204,860
1996 $216,182,000
1997 $358,514,000
1998 $71,226,190
1999 $310,385,400
2000 $1,184,146,000
2001 $674,217,600
2002 $836,748,700
2003 $166,880,700
2004 $1,382,721,000
2005 $2,024,604,000
2006 $2,365,302,000
2007 ($1,018,838,000)
2008 $1,589,289,000
2009 ($638,442,900)
2010 $1,706,500,000
2011 $3,538,447,000
2012 $3,312,236,000
2013 $2,309,880,000
2014 $370,375,100
2015 ($4,425,830,000)
2016 ($4,165,958,000)
2017 $321,923,200
2018 $3,010,604,000
2019 $2,630,263,000
2020 ($163,119,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Congo was -93,889,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,690,990,000,000 in 2012 and a minimum value of -2,617,660,000,000 in 2015.

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). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -21,044,700,000
1961 -23,883,020,000
1962 -13,244,550,000
1963 -9,020,092,000
1964 -8,324,868,000
1965 -8,300,000,000
1966 -11,500,000,000
1967 -14,800,010,000
1968 -16,700,020,000
1969 -17,100,000,000
1970 -17,500,000,000
1971 -17,800,000,000
1972 -24,300,010,000
1973 -14,199,990,000
1974 -8,799,980,000
1975 -45,800,000,000
1976 -47,199,990,000
1977 -37,000,210,000
1978 -34,400,390,000
1979 -3,100,000,000
1980 -400,000,000
1981 -97,900,000,000
1982 -94,000,000,000
1983 49,400,000,000
1984 153,400,000,000
1985 7,600,000,000
1986 -88,600,000,000
1987 21,500,000,000
1988 1,300,000,000
1989 104,400,000,000
1990 249,443,000,000
1991 104,425,000,000
1992 188,226,000,000
1993 87,385,250,000
1994 -154,252,000,000
1995 11,582,670,000
1996 110,588,000,000
1997 209,254,000,000
1998 42,020,020,000
1999 191,104,000,000
2000 840,990,000,000
2001 493,795,000,000
2002 580,464,000,000
2003 96,773,690,000
2004 729,161,000,000
2005 1,067,910,000,000
2006 1,236,790,000,000
2007 -488,295,000,000
2008 711,692,000,000
2009 -301,464,000,000
2010 845,190,000,000
2011 1,669,670,000,000
2012 1,690,990,000,000
2013 1,141,170,000,000
2014 183,119,000,000
2015 -2,617,660,000,000
2016 -2,469,580,000,000
2017 187,005,000,000
2018 1,672,230,000,000
2019 1,541,100,000,000
2020 -93,889,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Congo was 1,533,610,000,000 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 1,661,230,000,000 in 2019 and a minimum value of -602,990,000,000 in 2015.

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). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2005 1,067,910,000,000
2006 1,156,890,000,000
2007 -171,605,000,000
2008 196,969,000,000
2009 528,448,000,000
2010 424,568,000,000
2011 664,134,000,000
2012 419,336,000,000
2013 326,246,000,000
2014 141,540,000,000
2015 -602,990,000,000
2016 -187,059,000,000
2017 1,211,840,000,000
2018 1,469,650,000,000
2019 1,661,230,000,000
2020 1,533,610,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Congo was -1.60 as of 2020. Its highest value over the past 60 years was 36.68 in 2000, while its lowest value was -65.15 in 1960.

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).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 -65.15
1961 -64.20
1962 -32.46
1963 -21.37
1964 -18.30
1965 -17.08
1966 -21.22
1967 -25.34
1968 -26.85
1969 -24.82
1970 -23.03
1971 -20.07
1972 -23.48
1973 -11.75
1974 -6.25
1975 -27.86
1976 -26.18
1977 -19.68
1978 -17.35
1979 -1.22
1980 -0.11
1981 -18.07
1982 -13.24
1983 6.18
1984 16.00
1985 0.78
1986 -13.83
1987 3.11
1988 0.20
1989 13.70
1990 32.74
1991 13.58
1992 24.24
1993 11.50
1994 -15.70
1995 1.10
1996 8.51
1997 15.44
1998 3.65
1999 13.19
2000 36.68
2001 24.11
2002 27.58
2003 4.76
2004 29.69
2005 30.46
2006 29.33
2007 -11.62
2008 13.70
2009 -6.59
2010 12.99
2011 22.63
2012 18.72
2013 12.87
2014 2.07
2015 -37.24
2016 -40.78
2017 2.90
2018 22.02
2019 20.63
2020 -1.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts