This page has economic forecasts for Congo including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Congo economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 1624.00
1639 1657 1675 1693 1766
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 3.70
percent
3.9 4 4 4 5.5
GDP 37.24
USD Billion
41 45 45 45 49
GDP per capita 409.10
USD
417 371 371 424 437
GDP per capita PPP 808.10
USD
825 711 711 837 864
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 46.10
percent
40 38 38 38 36
Population 81.34
Million
81.26 81.24 81.22 81.21 81.04
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 10.73
percent
8 6 5 4 7
Food Inflation 10.10
percent
7 5 4 4 8
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 14.00
percent
14 13 13 13 15
Money Supply M1 2151834.00
CDF Million
2252394 2319626 2375330 2426127 2758056
Money Supply M2 8902129.00
CDF Million
9156469 9338164 9495961 9636949 10389087
Foreign Exchange Reserves 3686.82
USD Million
3774 3779 3777 3778 3778
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -228.50
USD Million
1873 374 669 965 -500
Exports 9979.90
USD Million
11000 10583 10325 10067 12500
Imports 10208.40
USD Million
10763 10209 9656 9102 13000
Current Account -1084.50
USD Million
-880 -879 -879 -878 -882
Current Account to GDP -2.50
percent
-8 -10 -10 -10 -8
External Debt 4542.20
USD Million
4153 4293 4433 4573 4259
Crude Oil Production 17.00
BBL/D/1K
17.44 17.59 17.69 17.75 17.85
Terrorism Index 6.97
6.97 6.97 6.97 6.97 6.97
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 117.70
percent
85 80 80 80 77
Government Budget -1.60
percent of GDP
-1.6 -1.6 -1.6 -1.6 -1.6
Military Expenditure 416.09
USD Million
428 416 404 392 395
Government Budget Value -111615.49
CDF Million
-37874 -54690 -37759 -43421 -41689
Government Revenues 502876.94
CDF Million
584537 604160 600705 594014 596349
Fiscal Expenditure 614492.00
CDF Million
619183 658850 638464 637435 638038
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production 4.80
percent
-1.52 -0.82 -0.12 0.57 -9.05
Internet Speed 3460.84
KBps
4635 4756 4834 5018 5966
IP Addresses 27953.00
IP
24189 23967 23909 23739 23404
Mining Production 5.64
percent
18 19.41 20.71 18.89 17.61
Competitiveness Index 38.24
38.74 39.24 39.74 40.24 41.24
Competitiveness Rank 135.00
135 135 135 135 135
Ease Of Doing Business 184.00
184 184 184 184 184
Corruption Index 21.00
Points
21 21 21 21 21
Corruption Rank 161.00
161 161 161 161 161
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Mom 0.10
percent
0.75 0.36 0.65 0.46 0.53
Retail Sales Yoy 9.37
percent
3.88 0.21 -2.12 -3.56 -5.97
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 35.00
percent
35 35 35 35 35
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Sales Tax Rate 16.00
percent
16 16 16 16 16
Social Security Rate 8.50
percent
8.5 8.5 8.5 8.5 8.5
Social Security Rate For Companies 5.00
percent
5 5 5 5 5
Social Security Rate For Employees 3.50
percent
3.5 3.5 3.5 3.5 3.5
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 23.83
celsius
24.42 25.16 25.08 25.08 25.06



Congo - Economic Forecasts - 2018-2020 Outlook