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 1617.00
1663 1727 1793 1861 2162
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 43.23
percent
40 35 30 28 20.5
Food Inflation 44.00
percent
45 22 20 15 14
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 14.00
percent
14 14 13 13 15
Money Supply M1 2122116.00
CDF Million
2111911 2111936 2111935 2111935 2111935
Money Supply M2 8341035.00
CDF Million
9065643 9428389 9757206 10055415 11896595
Foreign Exchange Reserves 3213.52
USD Million
3207 3211 3208 3210 3209
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 -1334.10
USD Million
-1559 -1623 -1598 -1572 -1305
Current Account to GDP -5.70
percent
-8 -8 -10 -10 -8
Crude Oil Production 17.00
BBL/D/1K
17.6 17.79 17.91 17.98 18.1
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 93120.00
CDF Million
98857 184302 182612 199545 342550
Government Revenues 648913.00
CDF Million
582876 626018 665796 682902 826215
Fiscal Expenditure 555793.00
CDF Million
484019 487053 483184 483357 483665
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 11.75
percent
12.39 9.87 11.27 10.68 10.8
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 1.56
percent
1.01 1.42 1.18 1.3 1.26
Retail Sales Yoy 31.68
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