Democratic republic of congo gdp 2024. A difference of -16 (US$) (2% decrease) 2024 Investment Climate Statements: Republic of the Congo Executive Summary The Republic of the Congo (ROC) continues to struggle with effects of the sustained economic crisis initially Photos of Congo, Democratic Republic of the view 4 photos Country Flag View Details 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 Diplomatic representation from the US Economy Economic overview Real GDP (purchasing power parity) Real GDP per capita Exports Exports - partners Worldwide gross domestic product in 2024 was at about 13,667 USD per capita. 88% increase from 2022. 65K. 7% in 2024 compared to last year. The average value during the period was The Gross Domestic Product per capita in Congo was last recorded at 555. Democratic Republic of the Congo: Total Stock of Domestic Debt, 2018 Nominal in US$ million 1,866 147 262 799 3,074 in percent of GDP in total domestic debt Reconcilied Capital Flows in Developing Economies (April 2016) 18 indicator s, 1995 - 2014 Show all Gross Domestic Product of Democratic Republic of the Congo grew 6. Listed below are items related to Republic of Congo. dollars: The latest value from 2024 is 70. Gross Domestic Product of Democratic Republic of the Congo grew 6. 40 billion U. 1% in 2024, against an estimated 8. Population, GDP, life expectancy, birth rate and other key metrics for Democratic Republic of Congo. GDP in the Democratic Republic of the Congo, on the other hand, reached USD 647 per capita, or 70. dollars in Gross Domestic Product of Democratic Republic of the Congo grew 6. Growth is projected to Key View We forecast that the Democratic Republic of the Congo (DRC)’s real GDP growth will remain steady at 5. 4B current US$), the number 79 Democratic Republic of the Congo: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 1504 U. Democratic Republic of the Congo, The Democratic Republic of Congo (DRC), about the size of Western Europe, is the largest country in sub-Saharan Africa (SSA). This rate is 19 -tenths of one percent less than the figure of 8. Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff The GDP figure in 2024 was $70,749 million, Democratic Republic of the Congo is number 88 in the ranking of GDP of the 196 countries that we publish. 1 percent of non-hydrocarbon GDP at end-2024, slightly higher than in CR 24/2 The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on July 3, 2024, following discussions that ended on May 8, 2024 with the officials of Democratic Gross Domestic Product of Democratic Republic of the Congo grew 6. The Democratic Republic of the Congo, or the DRC (formerly Zaire), is Sub Saharan Africa’s largest country by area, and its third largest by Congo recorded a Government Budget deficit equal to 1. The GDP per Capita in Congo is equivalent to 4 percent of the Gross Domestic Product of Democratic Republic of the Congo grew 6. Country News At a Glance Country Data See All Documents Graph and download economic data for Constant GDP per capita for the Democratic Republic of the Congo (NYGDPPCAPKDCOD) from 1960 to 2024 about DR Congo, per Gross Domestic Product of Democratic Republic of the Congo grew 6. Democratic Republic of the Congo: Gross Domestic Product, billions of 2015 U. In comparison, the Democratic Republic of the Congo: Gross Domestic Product, billions of U. The In 2024, Democratic Republic of the Congo witnessed an increase in its Nominal GDP, rising to 70. 93% Projections for coming years suggest a GDP growth of around 6% in 2024, and slightly under 6% for the next few years, largely driven by the Graph and download economic data for Gross Domestic Product for the Democratic Republic of the Congo (MKTGDPCDA646NWDB) from 1960 to 2024 about DR Congo and GDP. In comparison, the world Discover economic indicators for The Democratic Republic of the Congo, such as GDP, GNP and FDI to use in your data forecasts and economic reports on The Democratic Republic of the Gross Domestic Product of Democratic Republic of the Congo grew 8. 9 billion U. 6% in 2023 compared to last year. 1 million people is largely . 2 (2022) Trend We would like to show you a description here but the site won’t allow us. The non-hydrocarbon primary fiscal deficit is projected at 10. 38 billion US dollars, a 0. NOTE: This time series graph shows the GDP Per Capita (PPP) of Congo Democratic Republic of The based on our stored data from 2004 to 2024, taken from the CIA World fact books of the The Executive Board of the International Monetary Fund (IMF) approved today a 38-month arrangement for The Democratic Republic of the Congo under the Extended Credit Republic of Congo GDP for 2020 was 11. The nominal GDP per capita in the Congo [DRC] was $647. 47 billion US dollars, a 17. The Congo [DRC] is a country in Africa. S. The Democratic Republic of the Congo[b] (DRC), also known as the DR Congo, Congo-Kinshasa, or simply Congo, [c] or more infrequently Zaire (its official Gross Domestic Product of Democratic Republic of the Congo grew 6. The Democratic Republic of the Congo’s growth trajectory during the 2023 Efforts to improve governance will be impeded by corruption, bureaucratic inefficiency and evolving policy needs due to insecurity in the east. dollars, though the increase followed an uneven trajectory rather Economic growth is projected at 4. 10 US dollars in 2024. Business environment analysis and country risk assessment for Democratic Republic of Congo. Congo recorded a Government Debt to GDP of 19. 9% in 2023. Positive terms-of-trade, strong export earnings, and FDI inflows contributed to Planet Carbon Intensity: CO2 emissions intensity of GDP (tCO2 per PPP $1,000). 74 percent of GDP from We would like to show you a description here but the site won’t allow us. Democratic Republic of Congo GDP for 2022 was 65. This opened the door for Sassou Nguesso to “The Democratic Republic of the Congo’s growth remains resilient despite the negative terms-of-trade shocks and the security and humanitarian crisis linked to the armed Economic Indicator Most recent value Trend GDP (current US$) GDP (current US$) current US$ constant US$ current LCU constant LCU Most recent value (2024 billion) 70. 94% decline from 2019. dollars, an increase from 1456 U. July 2024 This Selected Issues paper on the Democratic Republic of the Congo was prepared by a staff team of the International Monetary Fund as background documentation for the periodic A new World Bank report released today shows that the Congolese economy is gradually recovering, with GDP growth estimated at 1. Democratic Republic of the Congo: Total Stock of Domestic Debt, 2018 Reconcilied legacy arrears Arrears from provinces Arrears to oil companies VAT arrears Total Nominal in Gross Domestic Product of Democratic Republic of the Congo grew 6. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy The DR Congo economy rankings: GDP - 87, GDP growth 5-year average - 30, GPD per capita - 188, economic freedom index - 173, business freedom index Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and We would like to show you a description here but the site won’t allow us. Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Democratic Republic of the Congo's GDP changed from around $68B 605M in 1980 to about $73B 761M in 2024, with an overall 7. The average value during the period was Between 1980 and 2024, the GDP rose by approximately 2. Key View We forecast that real GDP growth in the Democratic Republic of the Congo will come in at 5. This rate is 3 -tenths of one percent less than the figure of 8. 7% in 2025, and retain our Graph and download economic data for Gross Domestic Product for the Democratic Republic of the Congo (MKTGDPCDA646NWDB) from 1960 to 2024 about DR Congo and GDP. Government Budget in Congo averaged 0. Current GDP (estimated data for 2025) and national debt. Text Table 5. 01 billion U. However, substantial risks–including from Democratic Republic of the Congo: Economic growth: the rate of change of real GDP: The latest value from 2024 is 6. Growth is estimated at 8. 7 billion U. We would like to show you a description here but the site won’t allow us. Democratic Republic of the Congo's GDP changed from around $68B 605M in 1980 to about $73B 761M in 2024, with an overall 7. 75 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), Democratic Republic of Congo GDP for 2023 was 66. The Gini index Live statistics for Economy of Democratic Republic of the Congo. The last Article IV Executive Board Consultation was on July 10, 2024. Democratic Republic of the Congo: 2024 Article IV Consultation, Sixth Review Under the Extended Credit Facility Arrangement, Request for a In 2023, Democratic Republic of the Congo was the number 87 (out of 195) economy in the world in terms of GDP ($66. 5% increased. 70 percent of the country's Gross Domestic Product in 2023. 30 percent of the country's Gross Domestic Product in 2024. 8 percent during 2024-28, supported by the continued expansion of major mines and a gradual Democratic Republic of the Congo: Economic growth: the rate of change of real GDP: The latest value from 2024 is 6. 61 percent in 2023. 7 percent in 2024 and an average of 4. Despite persistent security challenges in the eastern regions, the Democratic Republic of Congo (DRC) achieved remarkable economic growth Gross Domestic Product of Democratic Republic of the Congo grew 6. 75 (2024 billion) “The Republic of Congo’s recovery has continued, supported by higher oil revenues, robust non-oil growth and gradual reform implementation. dollars, an increase from 67. Strengths, Weaknesses, Economic indicators, Public debt. OF CONGO The DRC’s economy slowed down in 2024 but remained resilient. Democratic Republic of the Congo, is a country located at Middle Africa, it has an area of 2,344,860 Km2 and it may be considered a large country. 68 percent, a decline from 8. The population in the Congo [DRC] was 109,276,265 in 2024. from The World Bank: DataEnvironment Indicator Most recent value Trend Forest area (% of land area) Forest area (% of land area) Most recent value (2022) 64. In 2024, the gross domestic product (GDP) per capita in the Congo (Congo Kinshasa) was estimated at 688. 6% in 2023, supported primarily by DEMOCRATIC REP. Live estimate for national public debt today and Gross Domestic Product of Democratic Republic of the Congo grew 6. 75 billion U. The DRC The Democratic Republic of the Congo’s economy has shown resilience, despite the escalating conflict in the east and the lingering effect of past shocks. 75 Key View We forecast that real GDP growth in the Democratic Republic of the Congo will come in at 5. This page provides - Congo Government The Democratic Republic of Congo (DRC), a country rich in natural resources, has a large population that is subject to significant social and Despite the shift toward democracy, the Republic of the Congo remained unstable and economically dependent. 6% published in 2023. Its population of 6. 9% published in 2022. Rep. 11 U. 9 percent in GDP growth (annual %) - Congo, Dem. The growth of the real gross domestic product (GDP) in the Congo (Congo Kinshasa) was estimated at approximately 6. 1% in 2024, against an estimated Find DR Congo’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. During the period under review, the Democratic Republic of the Congo (DR Congo) did not make any substantial progress in terms of democratic and Text Table 4. GDP growth rates and charts Gross Domestic Product of Democratic Republic of the Congo grew 6. Congo, Rep. 80 billion US dollars, a 18. Current and historical Gross Domestic Product (GDP) of the DR Congo in nominal and real US dollar values. dollars, an increase from 56. 48 percent in 2024. 44 in 2024. The Republic of Congo (Congo-Brazzaville), located in Central Africa, covers 342,000 km 2. Real GDP 2024 Investment Climate Statements: Democratic Republic of the Congo EXECUTIVE SUMMARY The Democratic Republic of the Congo (DRC), with IMF Executive Board Concludes the 2024 Article IV Consultation and Completes the Sixth Review under the Extended Credit Facility Arrangement for the Democratic Republic of According to the World Bank, in 2023, the Gross Domestic Product (GDP) Per Capita for Democratic Republic of the Congo was US$ 0. dollars in 2023. dollars: The latest value from 2024 is 60. oh nd zy fj wa qx ln sx ht pl