Central African Republic recorded a Current Account deficit of 5.70 percent of the country's Gross Domestic Product in 2020. source: Bank of Central African States

Current Account to GDP in Central African Republic averaged -5.59 percent of GDP from 1977 until 2020, reaching an all time high of -0.60 percent of GDP in 1981 and a record low of -10.20 percent of GDP in 2010. This page provides - Central African Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central African Republic Current Account to GDP - values, historical data and charts - was last updated on September of 2021.

Current Account to GDP in Central African Republic is expected to reach -5.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Central African Republic Current Account to GDP is projected to trend around -5.10 percent of GDP in 2022 and -4.70 percent of GDP in 2023, according to our econometric models.

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Central African Republic Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-5.70 -5.00 -0.60 -10.20 1977 - 2020 percent of GDP Yearly

Central African Republic Trade Last Previous Highest Lowest Unit
Current Account -81.70 -104.90 -7.60 -148.30 CFA Franc Billion [+]
Current Account to GDP -5.70 -5.00 -0.60 -10.20 percent of GDP [+]
Terrorism Index 6.24 6.62 6.72 0.00 [+]


Central African Republic Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.