Current Account Balance for Mauritania
MRTBCAGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.70
Year-over-Year Change
-49.46%
Date Range
1/1/2000 - 1/1/2025
Summary
The Current Account Balance for Mauritania measures the difference between the country's imports and exports of goods, services, and net income. It is a key indicator of Mauritania's economic health and global 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 Current Account Balance is a comprehensive measure of a country's international transactions, including trade in goods and services, as well as income flows and unilateral transfers. It provides insights into Mauritania's trade competitiveness, capital flows, and overall macroeconomic stability.
Methodology
The data is collected and compiled by the International Monetary Fund (IMF) based on Mauritania's national accounts and balance of payments statistics.
Historical Context
The Current Account Balance is widely used by policymakers, investors, and analysts to assess Mauritania's external sector performance and guide economic policy decisions.
Key Facts
- Mauritania's Current Account Balance was -13.4% of GDP in 2021.
- The Current Account deficit is primarily driven by Mauritania's large trade deficit in goods.
- Mauritania's main exports are minerals, fish, and livestock products.
FAQs
Q: What does this economic trend measure?
A: The Current Account Balance for Mauritania measures the difference between the country's imports and exports of goods, services, income, and unilateral transfers.
Q: Why is this trend relevant for users or analysts?
A: The Current Account Balance is a key indicator of Mauritania's trade competitiveness, capital flows, and overall macroeconomic stability, making it crucial for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the International Monetary Fund (IMF) based on Mauritania's national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: The Current Account Balance is widely used by policymakers to assess Mauritania's external sector performance and guide economic policy decisions, such as exchange rate management and trade policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological revisions of the International Monetary Fund, which may result in occasional update delays or minor data limitations.
Related Trends
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Mauritania
MRTFCIOFMNUM
Number of Identified Exporters to Mauritania from New Hampshire
NHMRTA475SCEN
Internet users for Mauritania
ITNETUSERP2MRT
Number of Identified Exporters to Mauritania from Florida
FLMRTA475SCEN
Gross National Income for Mauritania
MKTGNIMRA646NWDB
Overall Fiscal Balance for General Government for Mauritania
MRTGGBGDPGDPPT
Citation
U.S. Federal Reserve, Current Account Balance for Mauritania (MRTBCAGDPGDPPT), retrieved from FRED.