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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 1596.00
1655 1718 1784 1852 2152
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 3.50
percent
4.1 4.1 4.2 4.55 5.5
GDP 35.00
USD Billion
38 38.15 38.3 42.4 43.9
GDP per capita 387.40
USD
390 372 378 371 368
GDP per capita PPP 742.30
USD
748 737 725 711 706
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 46.10
percent
47.95 49.17 52.06 51 36
Population 78.74
Million
77.39 78.03 78.66 78.64 78.36
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 46.47
percent
45 40 35 30 20.5
Food Inflation 47.40
percent
52 45 22 20 14
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 14.00
percent
20 20 20 20 22
Money Supply M1 2067271.00
CDF Million
1966086 1953284 1941939 1930719 1815018
Money Supply M2 8254317.00
CDF Million
8238853 8437877 8616532 8774178 9624043
Foreign Exchange Reserves 3213.52
USD Million
3185 3184 3185 3184 3184
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -228.50
USD Million
434 256 1873 374 -500
Exports 9979.90
USD Million
11309 11075 11000 10583 12500
Imports 10208.40
USD Million
10876 10819 10763 10209 13000
Current Account -1334.10
USD Million
-1495 -1559 -1623 -1598 -1305
Current Account to GDP -5.70
percent
-8 -8 -8 -10 -8
Crude Oil Production 17.00
BBL/D/1K
19.45 19.66 19.85 20.03 21.35
Terrorism Index 6.97
6.79 6.87 6.94 6.87 6.63
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 117.70
percent
85 85 85 80 77
Government Budget -1.60
percent of GDP
-1.75 -3.02 -4.29 -4.8 -6.63
Military Expenditure 416.09
USD Million
497 499 502 509 506
Government Budget Value 136447.87
CDF Million
33265 36963 55577 56029 51650
Government Revenues 519906.85
CDF Million
472721 481889 502230 499504 495176
Fiscal Expenditure 383458.98
CDF Million
439456 444926 443436 443475 443526
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 4.80
percent
-6.54 -4.03 -1.52 -0.82 -9.05
Internet Speed 3460.84
KBps
3221 3220 3157 3137 2775
IP Addresses 27953.00
IP
24566 24532 24189 23967 23404
Mining Production 11.75
percent
7.16 6.53 7.08 7.35 7.23
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
182 182 182 182 182
Corruption Index 21.00
Points
21 21 21 21 20
Corruption Rank 161.00
161 161 161 161 161
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Mom 0.55
percent
1.13 1.08 1.08 1.07 1.07
Retail Sales Yoy 36.17
percent
30.6 28.18 26.18 24.5 16.54
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 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 15 15
Social Security Rate 8.50
percent
8.5 8.5 8.5 11 12
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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 23.83
celsius
24.83 23.68 24.42 25.16 25.06