Republic of the Congo GDP Annual Growth Rate  1961-2017 | Data | Chart

The Gross Domestic Product (GDP) in Republic of the Congo expanded 1.20 percent in 2015 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.35 percent from 1961 until 2015, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977.

Republic of the Congo GDP Annual Growth Rate
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Republic of the Congo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.20 6.10 23.60 -8.95 percent [+]
GDP 8.55 14.18 14.42 0.13 USD Billion [+]
GDP per capita 3163.17 3160.54 3362.02 1463.35 USD [+]
GDP per capita PPP 5993.15 5988.16 5993.15 4430.78 USD [+]



Republic of the Congo GDP Annual Growth Rate Notes

The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic of the Congo GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 6.10 23.60 -8.95 1961 - 2015 percent Yearly



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