Republic of the Congo GDP Annual Growth Rate  1961-2018 | Data | Chart

The Gross Domestic Product (GDP) in Republic of the Congo contracted 2.70 percent in 2016 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.23 percent from 1961 until 2016, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977.

Republic of the Congo GDP Annual Growth Rate
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Republic of the Congo GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -2.70 1.20 23.60 -8.95 percent [+]
GDP 7.83 8.55 14.43 0.13 USD Billion [+]
GDP per capita 2798.10 2925.50 3292.40 1430.00 USD [+]
GDP per capita PPP 5301.40 5542.90 5542.90 4283.30 USD [+]

Republic of the Congo GDP Annual Growth Rate

The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic of the Congo GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.70 1.20 23.60 -8.95 1961 - 2016 percent Yearly

GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17