Economy - overview:
The economy is a mixture of subsistence hunting and agriculture, an industrial sector based largely on oil and support services, and government spending. Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. Natural gas is increasingly being converted to electricity rather than being flared, greatly improving energy prospects. New mining projects, particularly iron ore, that entered production in late 2013 may add as much as $1 billion to annual government revenue. Economic reform efforts have been undertaken with the support of international organizations, notably the World Bank and the IMF, including recently concluded Article IV consultations. The current administration faces difficult economic challenges of stimulating recovery and reducing poverty. The drop in oil prices during the global crisis reduced oil revenue by about 30%, but the subsequent recovery of oil prices boosted the economy's GDP from 2009-13. Officially the country became a net external creditor as of 2011, with external debt representing only about 16% of GDP and debt servicing less than 3% of government revenue.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use:
GDP - composition, by sector of origin:
Agriculture - products: Industries: Industrial production growth rate: Labor force: Unemployment rate: Population below poverty line: Household income or consumption by percentage share:
Budget:
Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Congo, Republic of the on this page is re-published from the 2015 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Congo, Republic of the Economy 2015 information contained here. All suggestions for corrections of any errors about Congo, Republic of the Economy 2015 should be addressed to the CIA.
$20.26 billion (2013 est.)
country comparison to the world: 134
note:
data are in 2013 US dollars
[see also: GDP country ranks ]
$14.25 billion (2013 est.)
[see also: GDP (official exchange rate) country ranks ]
5.8% (2013 est.)
country comparison to the world: 41
[see also: GDP - real growth rate country ranks ]
$4,800 (2013 est.)
country comparison to the world: 163
note:
data are in 2013 US dollars
[see also: GDP - per capita country ranks ]
61.4% of GDP (2013 est.)
country comparison to the world: 1
[see also: Gross national saving country ranks ]
household consumption:
24.8%
government consumption:
11.1%
investment in fixed capital:
55.4%
investment in inventories:
0.9%
exports of goods and services:
91.8%
imports of goods and services:
-84.1%
agriculture:
3.3%
industry:
73.9%
services:
22.9% (2013 est.)
cassava (manioc, tapioca), sugar, rice, corn, peanuts, vegetables, coffee, cocoa; forest products
petroleum extraction, cement, lumber, brewing, sugar, palm oil, soap, flour, cigarettes
2% (2013 est.)
country comparison to the world: 124
[see also: Industrial production growth rate country ranks ]
2.89 million (2011 est.)
country comparison to the world: 105
[see also: Labor force country ranks ]
53% (2012 est.)
country comparison to the world: 196
[see also: Unemployment rate country ranks ]
46.5% (2011 est.)
[see also: Population below poverty line country ranks ]
lowest 10%:
2.1%
highest 10%:
37.1% (2005)
revenues:
$6.608 billion
expenditures:
$4.618 billion (2013 est.)
46.4% of GDP (2013 est.)
country comparison to the world: 19
[see also: Taxes and other revenues country ranks ]
14% of GDP (2013 est.)
country comparison to the world: 3
[see also: Budget surplus (+) or deficit (-) country ranks ]
32.1% of GDP (2013 est.)
country comparison to the world: 113
[see also: Public debt country ranks ]
calendar year
1.7% (2013 est.)
country comparison to the world: 51
[see also: Inflation rate (consumer prices) country ranks ]
4.25% (31 December 2009)
country comparison to the world: 75
[see also: Central bank discount rate country ranks ]
14.8% (31 December 2013 est.)
country comparison to the world: 42
[see also: Commercial bank prime lending rate country ranks ]
$4.678 billion (31 December 2013 est.)
country comparison to the world: 101
[see also: Stock of narrow money country ranks ]
$5.119 billion (31 December 2013 est.)
country comparison to the world: 127
[see also: Stock of broad money country ranks ]
$-1.053 billion (31 December 2013 est.)
country comparison to the world: 185
[see also: Stock of domestic credit country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
$638.2 million (2013 est.)
country comparison to the world: 51
[see also: Current account balance country ranks ]
$9.912 billion (2013 est.)
country comparison to the world: 96
[see also: Exports country ranks ]
petroleum, lumber, plywood, sugar, cocoa, coffee, diamonds
China 39%, US 13%, France 9.5%, Australia 8.8%, Netherlands 6.8%, Spain 5.3%, India 5.2% (2012)
$4.297 billion (2013 est.)
country comparison to the world: 137
[see also: Imports country ranks ]
capital equipment, construction materials, foodstuffs
France 19.5%, China 13.5%, Brazil 9.1%, US 6.1%, India 5.8%, Italy 4.8%, Belgium 4.4% (2012)
$5.239 billion (31 December 2013 est.)
country comparison to the world: 94
[see also: Reserves of foreign exchange and gold country ranks ]
$3.274 billion (31 December 2013 est.)
country comparison to the world: 133
[see also: Debt - external country ranks ]
Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
Airport Codes
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This page was last modified 10-Feb-15