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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 587.88 592 598 616 610 704 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 1.20 4.2 3.91 4.95 3.33 4.55 percent [+]
GDP 8.55 10.62 9.56 8.49 7.93 0.51 USD Billion [+]
GDP per capita 3163.17 3176 3165 3154 3146 3054 USD [+]
GDP per capita PPP 5993.15 6064 6058 6052 6064 6332 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 26.60 26.6 26.6 26.6 26.6 23.5 percent [+]
Population 4.62 4.66 4.7 4.73 4.76 5.19 million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.70 4.16 5.15 4.44 5.15 5.1 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 2.95 2.95 2.95 2.95 2.95 2.95 percent [+]
Deposit Interest Rate 2.45 2.48 2.4 2.31 2.32 2.33 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 4092.35 2392 2243 2095 2422 2414 CFA Franc Billion [+]
Exports 6271.01 4699 4867 5035 5309 5814 CFA Franc Billion [+]
Imports 2178.66 2210 2346 2482 2493 3818 CFA Franc Billion [+]
Current Account -1163.30 -647 -770 -894 -917 -963 CFA Franc Billion [+]
Current Account to GDP -14.50 -4.76 -7.31 -9.86 -9.22 -9.41 percent [+]
Terrorism Index 0.37 1.13 1.24 1.34 1.3 1.6 [+]
Crude Oil Production 305.00 307 307 307 307 307 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 21.50 17.8 18.46 19.12 18.92 19.74 percent [+]
Government Budget -5.60 -3.85 -4.5 -5.15 -4.96 -2.22 percent of GDP [+]
Military Expenditure 550.80 540 538 537 537 540 [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 177.00 179 179 179 180 178 [+]
Corruption Index 20.00 22.42 22.4 22.39 22.39 22.03 Points [+]
Corruption Rank 159.00 150 151 153 153 146 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 30.00 29 29.12 29.24 29.08 27.48 percent [+]
Personal Income Tax Rate 40.00 42.5 41.25 40 40 40 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate 24.29 24.27 24.28 24.3 24.3 24.3 percent [+]
Social Security Rate For Companies 20.29 20.27 20.29 20.31 20.3 20.3 percent [+]
Social Security Rate For Employees 4.00 4 4 4 4 4 percent [+]