Republic of the Congo | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 556.10 555 549 544 538 476 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 1.20 4.95 3.22 3.05 2.87 4.3 percent [+]
GDP 7.83 5.5 4.52 3.55 2.57 -1.4 USD Billion [+]
GDP per capita 2798.10 2686 2661 2636 2611 2479 USD [+]
GDP per capita PPP 5301.40 5228 5220 5212 5205 5129 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 11.19 12.1 12.17 12.25 12.32 23.5 percent [+]
Population 5.13 5.26 5.29 5.32 5.35 5.64 million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.70 4.44 6.8 7 7.2 5.1 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 2.95 2.95 2.95 2.95 3 2.95 percent [+]
Deposit Interest Rate 2.45 2.51 2.53 2.56 2.58 2.83 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Current Account to GDP -24.20 -16.93 -16.75 -16.57 -16.4 -11.16 percent [+]
Terrorism Index 0.37 1.34 1.3 1.26 1.22 1.6 [+]
Crude Oil Production 337.00 332 327 323 318 289 BBL/D/1K [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 21.50 22.3 23 23 23 28 percent [+]
Government Budget -5.60 -5.59 -5.4 -5.2 -5 -2.18 percent of GDP [+]
Military Expenditure 550.80 514 504 494 484 406 [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Ease of Doing Business 177.00 182 183 184 186 179 [+]
Corruption Index 20.00 21 21 21 21 22 Points [+]
Corruption Rank 159.00 153 153 152 152 146 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 30.00 29.03 28.92 28.81 28.7 29.14 percent [+]
Personal Income Tax Rate 40.00 40.94 41.13 41.33 41.52 43.46 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate 24.29 25.1 25.25 25.39 25.53 26.02 percent [+]
Social Security Rate For Companies 20.29 21.02 21.14 21.27 21.39 21.66 percent [+]
Social Security Rate For Employees 4.00 3.86 3.86 3.87 3.87 3.89 percent [+]