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Republic of the Congo GDP and Economic Data

Includes Republic of the Congo real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Republic of the Congo economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of the country's best banks and safest banks are also available.

 
 
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Central bank

Bank of Central African States

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International Reserves

USD 0.42 billion (2018)

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Gross Domestic Product - GDP

USD 11.2 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 30.3 billion (2018, estimate)

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Real GDP growth
2014 2015 2016 2017* 2018*
6.8% 2.6% -2.8% -3.1% 0.8%

*Estimate

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GDP per capita - current prices

USD 2,510.6 (2018, estimate)

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GDP per capita - PPP

Intl$ 6,798.9 (2018, estimate)

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GDP (PPP) - share of world total
0.02% (2019, estimate)
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GDP - composition by sector
  • agriculture: 7.1% 
  • industry: 52.9% 
  • services: 40.0%

(2016 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

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Inflation
2014 2015 2016 2017* 2018*
3.2% 3.2% 0.4% 1.2% 1.5%

*Estimate

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Unemployment rate

N/A

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2014 2015 2016 2017* 2018*
102.9% 118.6% 117.5% 87.8% 78.5%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2014 2015 2016 2017* 2018*
-24.8% -20.4% -7.4% 6.6% 6.8%

*Estimate

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Government bond ratings

Standard & Poor's: B–

Moody's: Caa2

Standard & Poor's / Moody's (Updated as of January 24th 2017)

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Market value of publicly traded shares
2016 2017 2018
USD 951.3 billion USD 1,231.0 billion USD 865.3 billion
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Largest companies

N/A

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Current account balance

USD -0.2 billion (2017 estimate)

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Current account balance by percentage of GDP

-2.1% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

69.3% (2015)

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Shares in world total merchandising export

0.04% (2015)

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Shares in world total commercial services export

0.003% (2014)

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Total exports

USD 4.8 billion (2016 estimate)

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Export commodities

Petroleum, lumber, plywood, sugar, cocoa, coffee, diamonds

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Total imports

USD 3.4 billion (2016 estimate)

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Import commodities

Capital equipment, construction materials, foodstuffs

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Exports - major partners

China 42.1%, Italy 16.9%, US 4.9%, India 4.7%, Portugal 4.2% (2015)

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Imports - major partners

China 20.3%, France 14.2%, South Korea 9.8%, US 4.9%, UK 4.4%, Italy 4.1%, India 4.1% (2015)

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FDI inflows
2013 2014 2015
USD 2,914 million USD 5,502 million USD 1,486 million
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FDI outflows
2013 2014 2015
USD -2 million USD 6 million USD -9 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A USD 52.5 million N/A N/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 177 out of 190 countries (2016)

Subcategories:

Starting a business: 178 out of 190 countries

Enforcing Contracts: 155 out of 190 countries

Registering Property: 171 out of 190 countries

Getting credit: 118 out of 190 countries

Protecting investors: 145 out of 190 countries

Trading across border: 182 out of 190 countries

Paying Taxes: 183 out of 190 countries

Dealing with Construction Permits: 124 out of 190 countries

Getting Electricity: 178 out of 190 countries

Resolving Insolvency: 117 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 172 / Score: 42.8 (Repressed) (2017)

(100=totally free 0=totally repressed)

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Time zone

UTC+1

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Total area

342,000 sq km

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Capital

Brazzaville

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Currency

Cooperation Financiere en Afrique Centrale francs (XAF) 

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Government type

Presidential republic

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Languages

French (official), Lingala and Monokutuba (lingua franca trade languages), many local languages and dialects (of which Kikongo is the most widespread)

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Religions

Roman Catholic 33.1%, Awakening Churches/Christian Revival 22.3%, Protestant 19.9%, Salutiste 2.2%, Muslim 1.6%, Kimbanguiste 1.5%, other 8.1%, none 11.3% (2010 est.)

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Total population
1990 2000 2010* 2016* 2021*
2.232 million 2.904 million 3.865 million 4.46 million 4.953 million

*Estimate  

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Urban population as % of total population
1960 1980 2000 2015
32% 48% 59% 65%
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Population median age

19.7 years (2016 estimate)

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Population growth rate

2.06% (2016 estimate)

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Life expectancy

59.3 years (2016 estimate)

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Literacy

Total population: 79.3%
Male: 86.4%
Female: 72.9% (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

28.1% (2011)

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Inequality of wealth distribution (Gini index)

48.9 (2011)

(0=perfect equality, 100=absolute inequality)

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Freedom House rating

Political Rights: 7
Civil Liberties: 5 (2017)

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 0.36%   Mobile 111.66% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

7.62% (2015)

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Mercer Cost of living index

Brazzaville: 23rd (2016)

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CO2 emissions

0.6 (2013)

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World's Safest

2015
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