Congo | Economic Forecasts | 2017-2020 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 1557.80 1532 1517 1502 1486 1316 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 2.40 4.7 4.7 4.8 4.8 5.5 percent [+]
GDP 35.00 38.05 38.15 38.47 38.79 42.3 USD Billion [+]
GDP per capita 387.40 388 383 381 379 358 USD [+]
GDP per capita PPP 742.30 737 725 723 721 711 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 46.10 47.82 48.78 49.02 49.26 36 percent [+]
Population 78.74 79.59 80.24 80.29 80.35 77.9 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 54.31 40 44.6 47 45 38.5 percent [+]
Food Inflation 80.22 86.69 83.34 76.6 69.34 32.81 percent [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 20.00 16 16 16 18 22 percent [+]
Foreign Exchange Reserves 2504.31 2551 2653 2718 2782 3121 USD Million [+]
Money Supply M1 1752902.00 1845520 1913684 1976360 2034903 2442590 CDF Million [+]
Money Supply M2 6779038.00 7458615 8133831 8735721 9292487 13189455 CDF Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -289.80 135 134 129 124 115 USD Million [+]
Exports 10284.80 12625 12936 13291 13647 16584 USD Million [+]
Imports 10574.60 12792 13124 13380 13636 15926 USD Million [+]
Current Account -2919.80 -2928 -3048 -3089 -3130 -2539 USD Million [+]
Current Account to GDP -5.70 -6 -6 -8 -8 -8 percent [+]
Gold Reserves 0.35 0.35 0.35 0.35 0.35 0.35 Tonnes [+]
Terrorism Index 6.63 6.49 6.46 6.41 6.35 6.3 [+]
Crude Oil Production 19.00 19.21 19.31 19.37 19.42 19.48 BBL/D/1K [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 83.00 90 90 85 85 77 percent [+]
Government Budget -6.20 -2.8 -3.66 -4.34 -5.02 -9.04 percent of GDP [+]
Government Budget Value -77459.75 -16530 -7278 -2690 -5360 -4315 CDF Million [+]
Government Revenues 307954.56 310392 333851 330162 321902 303625 CDF Million [+]
Military Expenditure 503.00 498 512 511 511 492 USD Million [+]
Fiscal Expenditure 339320.64 341027 341202 339226 339551 339620 CDF Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production -13.18 -1.39 0.39 0.57 0.76 -0.88 percent [+]
Mining Production -10.97 -5.92 -2.94 -5.78 -5.44 -5.78 percent [+]
Ease Of Doing Business 184.00 185 185 185 185 185 [+]
Corruption Index 21.00 20 20 20 20 20 Points [+]
Corruption Rank 156.00 159 164 164 163 163 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Retail Sales Mom 9.47 3.26 5.32 4.35 4.32 4.49 percent [+]
Retail Sales Yoy 48.06 59.75 63.55 65.87 66.21 66.6 percent [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 35.00 35 35 35 35 35 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 16.00 14.77 14.77 14.89 15 15.13 percent [+]
Social Security Rate 12.50 12.5 12.5 12.5 12.5 12.5 percent [+]
Social Security Rate For Companies 9.00 9 9 9 9 9 percent [+]
Social Security Rate For Employees 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]