Congo GDP Annual Growth Rate2021 Data - 2022 Forecast - 1960-2020 Historical

Name: Congo GDP Annual Growth Rate
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Keywords: Congo,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Democratic Republic of Congo's economy grew 5.7% year-on-year in 2021, according to the central bank's estimates. source: Banque Centrale du Congo

GDP Annual Growth Rate in Congo averaged 1.12 percent from 1960 until 2020, reaching an all time high of 9.70 percent in 1970 and a record low of -26.10 percent in 1961. This page provides - Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo GDP Annual Growth Rate - values, historical data and charts - was last updated on June of 2022.

GDP Annual Growth Rate in Congo is expected to reach 6.10 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo GDP Annual Growth Rate is projected to trend around 6.40 percent in 2023 and 6.20 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Annual Growth Rate	5.70	1.70	percent	Dec 2021

Congo GDP Annual Growth Rate

Although abundant in natural resources, The Democratic Republic of Congo (DR Congo) has one of the lowest GDP per capita in the world. Decades of civil war and systemic corruption has left 70 percent of population living under poverty line. The growing mining industry, oil production and overseas financial aid are the main sources of revenue for the Congolese government.