Balance on Current Account for Mauritania

MRTBCAUSD • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-963,906,835.00

Year-over-Year Change

-23.62%

Date Range

1/1/2000 - 1/1/2025

Summary

The Balance on Current Account for Mauritania measures the difference between the value of Mauritania's imports and exports of goods, services, and capital. It is a key indicator of Mauritania's economic performance and international trade position.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Balance on Current Account represents the net value of Mauritania's transactions with the rest of the world. It includes the trade balance, net income, and net current transfers. Analyzing this metric helps economists and policymakers assess Mauritania's external competitiveness and financial stability.

Methodology

The data is collected and calculated by the International Monetary Fund (IMF) based on reports from Mauritanian government agencies.

Historical Context

Mauritania's current account balance is closely monitored by international financial institutions and investors to gauge the country's economic health and creditworthiness.

Key Facts

  • Mauritania's current account deficit was 15.7% of GDP in 2021.
  • The current account deficit widened from 12.7% of GDP in 2020.
  • Mauritania's main current account components are goods, services, and transfers.

FAQs

Q: What does this economic trend measure?

A: The Balance on Current Account for Mauritania measures the difference between the value of Mauritania's imports and exports of goods, services, and capital.

Q: Why is this trend relevant for users or analysts?

A: Analyzing Mauritania's current account balance helps economists and policymakers assess the country's external competitiveness, financial stability, and overall economic performance.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from Mauritanian government agencies.

Q: How is this trend used in economic policy?

A: Mauritania's current account balance is closely monitored by international financial institutions and investors to gauge the country's economic health and creditworthiness.

Q: Are there update delays or limitations?

A: The data is published regularly by the IMF, but there may be some delays in reporting from Mauritanian agencies.

Related Trends

Citation

U.S. Federal Reserve, Balance on Current Account for Mauritania (MRTBCAUSD), retrieved from FRED.