Republic of the Congo - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Republic of the 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 Republic of the Congo economy.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 550.00
583 604 626 648 747
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -2.70
percent
2.17 2.25 2.32 2.6 3.8
GDP 7.83
USD Billion
7.45 6.8 6.15 5.5 -1.4
GDP per capita 2798.10
USD
2826 2779 2733 2686 2479
GDP per capita PPP 5301.40
USD
5406 5346 5287 5228 5129
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 11.19
percent
11.87 11.95 12.02 12.1 23.5
Population 5.13
million
5.16 5.19 5.22 5.26 5.64
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 3.60
percent
3 3 3 3 5
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 2.95
percent
2.95 2.95 3 2.95 2.95
Deposit Interest Rate 2.45
percent
2.48 2.49 2.5 2.51 2.83
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Current Account to GDP -24.20
percent
-14.62 -15.39 -16.16 -16.93 -11.16
Terrorism Index 4.04
2.4 2.81 3.22 3.64 3.98
Crude Oil Production 345.00
BBL/D/1K
336 331 327 322 297
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 21.50
percent
23 23 23 23 28
Government Budget -5.60
percent of GDP
-3.91 -4.47 -5.03 -5.59 -2.18
Military Expenditure 550.80
USD Million
504 494 484 474 406
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Ease of Doing Business 179.00
181 183 184 186 180
Corruption Index 20.00
Points
20 20 21 21 22
Corruption Rank 159.00
149 150 151 153 146
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 33
Personal Income Tax Rate 40.00
percent
40 40 40 40 43
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 24.29
percent
25 25 25 25 25
Social Security Rate For Companies 20.29
percent
20.69 20.69 20.69 20.69 21.15
Social Security Rate For Employees 4.00
percent
3.88 3.88 3.88 3.88 3.89
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 138.69
mm
134 137 84.32 182 137
Temperature 24.92
celsius
25.38 25.05 23.69 24.67 25.25