Congo GDP

The Gross Domestic Product (GDP) in Congo was worth 17.87 billion US dollars in 2012. The GDP value of Congo represents 0.03 percent of the world economy. GDP in Congo is reported by the World Bank. From 1960 until 2012, Congo GDP averaged 8.1 USD Billion reaching an all time high of 17.9 USD Billion in December of 2012 and a record low of 2.9 USD Billion in December of 1964. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Congo GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
17.87 15.64 17.87 2.88 21.67 | 2014/06 1960 - 2012 USD Billion Yearly

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Congo GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 17.87 2012-12-31 15.64 17.87 2.88 21.67 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 8.10 2013-12-31 7.20 9.70 -26.10 8.36 2014-06-30 percent [+]
GDP per capita 164.51 2012-12-31 157.80 484.71 118.64 176.72 2014-06-30 USD [+]
GDP per capita PPP 363.87 2012-12-31 349.01 798.23 262.41 390.87 2014-06-30 USD [+]
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GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Congo Interest Rate at 2.00 percent  
The benchmark interest rate in Congo was last recorded at 2 percent. Interest Rate in Congo is reported by the Banque Centrale du Congo.
Congo Personal Income Tax Rate at 30.00 percent  
The Personal Income Tax Rate in Congo stands at 30 percent. Personal Income Tax Rate in Congo is reported by the DRC Tax Authority.
Congo Inflation Rate at 1.21 percent  
The inflation rate in Congo was recorded at 1.21 percent in February of 2014. Inflation Rate in Congo is reported by the Banque Centrale du Congo.
Congo Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Congo stands at 35 percent. Corporate Tax Rate in Congo is reported by the DRC Tax Authority.
Congo Sales Tax Rate | VAT at 13.00 Percent  
The Sales Tax Rate in Congo stands at 13 percent. Sales Tax Rate in Congo is reported by the DRC Tax Authority.
Congo Balance of Trade at 101.50 USD Million  
Congo recorded a trade surplus of 101.50 USD Million in 2013. Balance of Trade in Congo is reported by the Banque Centrale du Congo.
Congo Current Account at -2451.30 USD Million  
Congo recorded a Current Account deficit of 2451.30 USD Million in 2013. Current Account in Congo is reported by the Banque Centrale du Congo.
Congo Imports at 9488.70 USD Million  
Imports in Congo is projected to increase to 9488.70 USD Million in 2013 from 8355.70 USD Million in 2012. Imports in Congo is reported by the Banque Centrale du Congo.
Congo Exports at 9488.70 USD Million  
Exports in Congo is projected to increase to 9488.70 USD Million in 2013 from 8534.20 USD Million in 2012. Exports in Congo is reported by the Banque Centrale du Congo.
Congo GDP Annual Growth Rate at 8.10 percent  
The Gross Domestic Product (GDP) in Congo is expected to expand 8.10 percent in 2013 from the previous year. GDP Annual Growth Rate in Congo is reported by the Banque Centrale du Congo.
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