Congo - Economic Forecasts - 2018-2020 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 1622.00
1637 1655 1672 1690 1764
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 3.70
percent
3.9 3.9 4 4 5.5
GDP 37.24
USD Billion
41 41 45 45 49
GDP per capita 409.10
USD
372 417 371 371 437
GDP per capita PPP 808.10
USD
816 825 711 711 864
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 46.10
percent
40 40 38 38 36
Population 81.34
Million
80.61 81.26 81.24 81.22 81.04
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 15.09
percent
10 8 6 5 7
Food Inflation 15.00
percent
10 7 5 4 8
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 14.00
percent
14 14 13 13 15
Money Supply M1 2194881.00
CDF Million
2111911 2111936 2111935 2111935 2111935
Money Supply M2 8929208.00
CDF Million
9065643 9428389 9757206 10055415 11896595
Foreign Exchange Reserves 3531.78
USD Million
3488 3500 3495 3497 3496
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -228.50
USD Million
256 1873 374 669 -500
Exports 9979.90
USD Million
11075 11000 10583 10325 12500
Imports 10208.40
USD Million
10819 10763 10209 9656 13000
Current Account -1084.50
USD Million
-995 -880 -879 -879 -882
Current Account to GDP -2.50
percent
-8 -8 -10 -10 -8
Crude Oil Production 17.00
BBL/D/1K
17.43 17.64 17.78 17.86 17.99
Terrorism Index 6.97
6.87 6.94 6.87 6.8 6.63
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 117.70
percent
85 85 80 80 77
Government Budget -1.60
percent of GDP
-3.02 -4.29 -4.8 -5.3 -6.63
Military Expenditure 416.09
USD Million
423 428 416 404 395
Government Budget Value 9395.70
CDF Million
123517 340267 291070 277382 572062
Government Revenues 544782.40
CDF Million
684400 851635 845420 833532 1128104
Fiscal Expenditure 535386.80
CDF Million
560883 558826 554351 556150 556042
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 4.80
percent
-4.03 -1.52 -0.82 -0.12 -9.05
Internet Speed 3460.84
KBps
4558 4635 4756 4834 5966
IP Addresses 27953.00
IP
24532 24189 23967 23909 23404
Mining Production 12.30
percent
14.52 12.13 13.99 13.27 12.72
Competitiveness Index 3.27
3.29 3.29 3.29 3.29 3.29
Competitiveness Rank 126.00
129 129 129 129 129
Ease Of Doing Business 182.00
184 184 184 184 184
Corruption Index 21.00
Points
21 21 21 21 20
Corruption Rank 161.00
159 157 158 159 156
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Mom 0.58
percent
1.01 1.42 1.18 1.3 1.26
Retail Sales Yoy 11.10
percent
29.97 29.77 29.73 29.72 29.72
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 9 9 9
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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 23.83
celsius
23.68 24.42 25.16 25.08 25.06