Congo | Economic Forecasts | 2017-2020 Outlook

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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1399.95 1370 1380 1430 1410 1630 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 2.40 4.7 4.7 4.7 4.8 5.5 percent [+]
GDP 35.24 57.16 37.09 37.72 38.3 46.54 USD Billion [+]
GDP per capita 384.51 392 394 395 397 410 USD [+]
GDP per capita PPP 736.68 751 757 764 769 856 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 46.10 43.86 47.82 48.78 49.02 36 percent [+]
Population 71.40 72.45 73.05 73.65 74.26 83.52 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 36.29 34.9 36.7 37.1 37 38.5 percent [+]
Food Inflation 49.20 68.26 76.19 80.85 83.6 87.52 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 14.00 20 22 24 24 25 percent [+]
Foreign Exchange Reserves 2620.99 2677 2687 2684 2685 2685 USD Million [+]
Money Supply M1 1681518.00 1769635 1837884 1903068 1963586 2390147 CDF Million [+]
Money Supply M2 5704352.00 6151114 6510770 6839053 7139899 9460556 CDF Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -289.80 137 135 134 129 115 USD Million [+]
Exports 10284.80 12315 12625 12936 13291 16584 USD Million [+]
Imports 10574.60 12461 12792 13124 13380 15926 USD Million [+]
Current Account -2919.80 -2808 -2928 -3048 -3089 -2539 USD Million [+]
Current Account to GDP -4.10 -7.02 -6.3 -5.57 -5.62 -5.81 percent [+]
Gold Reserves 0.35 0.35 0.35 0.35 0.35 0.35 Tonnes [+]
Terrorism Index 6.63 6.69 6.6 6.52 6.47 6.25 [+]
Crude Oil Production 20.00 20 20 20 20 20 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 19.69 20 20 20 20 1.49 percent [+]
Government Budget -6.20 -1.93 -2.8 -3.66 -4.34 -9.04 percent of GDP [+]
Government Budget Value 4562.67 -22196 -19947 -29573 -28073 -27709 CDF Million [+]
Government Revenues 271592.30 291966 288909 294660 298728 295892 CDF Million [+]
Military Expenditure 486.60 402 435 468 468 443 USD Million [+]
Fiscal Expenditure 267029.63 314137 324619 325518 324871 324948 CDF Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production -13.18 -3.18 -1.39 0.39 0.57 -0.88 percent [+]
Mining Production -10.97 -2.99 -5.92 -2.94 -5.78 -5.78 percent [+]
Ease Of Doing Business 184.00 185 185 185 185 185 [+]
Corruption Index 21.00 21 20 20 20 20 Points [+]
Corruption Rank 156.00 144 159 164 164 163 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Mom 1.82 1.99 2.03 2.04 2.04 2.04 percent [+]
Retail Sales Yoy 28.42 30.95 30.95 30.95 30.95 30.95 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 35.00 35 35 35 35 35 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 16.00 14.77 14.77 14.77 14.89 15.13 percent [+]
Social Security Rate 12.50 12.5 12.5 12.5 12.5 12.5 percent [+]
Social Security Rate For Companies 9.00 9 9 9 9 9 percent [+]
Social Security Rate For Employees 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]