This page has economic forecasts for Republic of the 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 Republic of the Congo economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 614.52
606 612 618 625 650
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate -4.00
percent
2.6 2.25 2.5 2.37 3
GDP 8.72
USD Billion
8.9 9.2 9.2 9.2 9.3
GDP per capita 2576.40
USD
2600 2650 2650 2650 2700
GDP per capita PPP 4881.41
USD
4950 5120 5120 5120 5220
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 10.95
percent
10.6 10.57 10.55 10.52 23.5
Population 5.26
million
5.38 5.42 5.45 5.48 5.76
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 1.10
percent
2.5 2.8 3.1 1.8 5
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 2.95
percent
2.95 2.95 2.95 2.95 2.95
Deposit Interest Rate 2.45
percent
2.45 2.45 2.45 2.45 2.45
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Current Account to GDP -42.80
percent
-21 -13 -13 -13 -10
Terrorism Index 4.04
4.04 4.04 4.04 4.04 4.04
Crude Oil Production 307.00
BBL/D/1K
293 293 293 293 293
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 17.00
percent
23 25 25 25 28
Government Budget -5.10
percent of GDP
-5.1 -5.1 -5.1 -5.1 -5.1
Military Expenditure 481.60
USD Million
527 535 544 552 584
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Ease of Doing Business 180.00
182 181 181 181 180
Corruption Index 21.00
Points
21 21 21 21 21
Corruption Rank 161.00
161 161 161 161 161
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 40.00
percent
40 40 40 40 40
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 24.29
percent
24.29 24.29 24.29 24.29 24.29
Social Security Rate For Companies 20.29
percent
20.29 20.29 20.29 20.29 20.29
Social Security Rate For Employees 4.00
percent
4 4 4 4 4
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 138.69
mm
182 135 134 134 137
Temperature 24.92
celsius
24.67 25.43 24.75 24.75 25.25



Republic of the Congo - Economic Forecasts - 2018-2020 Outlook