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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 568.00
575 595 617 639 737
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -4.00
percent
2.25 2.32 2.6 2.25 4
GDP 7.83
USD Billion
7 6.4 5.8 -0.1 -1.7
GDP per capita 2798.10
USD
2875 2907 2813 2849 2835
GDP per capita PPP 5301.40
USD
5346 5287 5228 5129 5105
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 10.95
percent
11.95 12.02 12.1 12.17 23.5
Population 5.13
million
5.19 5.22 5.25 5.29 5.75
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.60
percent
3 3 3 4.1 5
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 2.95
percent
2.95 3 2.95 3 2.95
Deposit Interest Rate 2.45
percent
2.4 2.41 2.42 2.42 2.42
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Current Account to GDP -24.20
percent
-17.76 -15.39 -20.18 -13.55 -20.05
Terrorism Index 4.04
2.81 3.22 3.64 3.33 2
Crude Oil Production 370.00
BBL/D/1K
345 345 345 345 345
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 17.00
percent
23 23 23 25 28
Government Budget -5.60
percent of GDP
-3.85 -4.5 -5.15 -4.96 -2.45
Military Expenditure 481.60
USD Million
581 572 563 565 599
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Ease of Doing Business 179.00
183 184 186 186 178
Corruption Index 21.00
Points
21 21 21 21 22
Corruption Rank 161.00
157 158 159 159 150
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 40.00
percent
40 40 40 41 43
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 24.29
percent
24.29 24.29 24.29 24 24
Social Security Rate For Companies 20.29
percent
20.29 20.29 20.29 20.29 20.29
Social Security Rate For Employees 4.00
percent
4 4 4 4 4
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 138.69
mm
137 84.32 182 135 137
Temperature 24.92
celsius
25.05 23.69 24.67 25.43 25.25