DRC’s Current Account Deficit To Narrow In 2024, Partially On Recovering Copper Prices
Country Risk / Congo, Dem. Rep. / Thu 29 Feb, 2024
Key View
- We expect that the Democratic Republic of the Congo (DRC)’s current account balance will narrow to 5.4% of GDP in 2024, from 5.5% in 2023.
- The narrowing of the current account deficit will be driven by a higher average copper price and continued strong mining production growth.
- In 2025, we expect the current account deficit to