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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 1608.85
1634 1698 1764 1833 2138
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 3.20
percent
4 4.1 4.1 4.2 5.5
GDP 35.00
USD Billion
35.85 35.8 35.75 35.7 32.8
GDP per capita 387.40
USD
400 395 391 386 401
GDP per capita PPP 742.30
USD
762 753 743 734 768
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 46.10
percent
46.72 47.95 49.17 52.06 36
Population 78.74
Million
79.41 80.04 80.68 81.31 91.55
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 59.78
percent
50 45 40 35 20.5
Food Inflation 60.90
percent
69 52 45 22 14
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 20.00
percent
20 20 20 20 22
Money Supply M1 2009138.00
CDF Million
2023770 2016411 2005240 1993135 1853920
Money Supply M2 7841170.00
CDF Million
8040024 8130078 8123550 8036173 5352887
Foreign Exchange Reserves 3006.74
USD Million
3045 3102 3148 3187 3384
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -228.50
USD Million
244 211 179 146 18.8
Exports 9979.90
USD Million
10670 10335 9999 9664 4374
Imports 10208.40
USD Million
10932 10876 10819 10763 5538
Current Account -1334.10
USD Million
-1431 -1495 -1559 -1623 -1305
Current Account to GDP -5.70
percent
-8 -8 -4.97 -8 -8
Crude Oil Production 18.00
BBL/D/1K
18.54 18.79 19.03 19.25 20.57
Terrorism Index 6.97
6.61 6.65 6.7 6.75 6.11
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 83.00
percent
85 85 84 85 77
Government Budget -1.60
percent of GDP
0.6 0.01 -0.58 -1.17 -1.39
Military Expenditure 503.00
USD Million
473 482 492 501 454
Government Budget Value 23242.90
CDF Million
2209 -658 -1193 -2453 -2370
Government Revenues 590355.50
CDF Million
486458 436424 396117 379584 365813
Fiscal Expenditure 567112.60
CDF Million
449528 414416 409090 403724 346234
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production 4.80
percent
-9.06 -6.54 -4.03 -1.52 -9.05
Internet Speed 3460.84
KBps
3323 3221 3220 3157 2775
IP Addresses 27953.00
IP
21363 20530 19502 18412 12576
Mining Production 4.40
percent
5.99 7.39 7.17 6.84 6.91
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 20 20 20
Corruption Rank 156.00
151 155 159 163 158
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Mom 1.62
percent
1.23 1.19 1.11 1.1 1.09
Retail Sales Yoy 46.83
percent
45.18 43.21 41.41 39.75 27.34
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 35.00
percent
36 36 36 36 37
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Sales Tax Rate 16.00
percent
15 15 15 15 15
Social Security Rate 8.50
percent
9 9 9 9 12
Social Security Rate For Companies 5.00
percent
5.33 5.33 5.33 5.33 8.81
Social Security Rate For Employees 3.50
percent
3.5 3.5 3.5 3.5 3.5
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 23.83
celsius
25.11 24.83 23.68 24.42 25.06