Congo GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Congo is expected to grow 6.20 percent in 2023. GDP Annual Growth Rate in Congo averaged 1.43 percent from 1960 until 2023, reaching an all time high of 9.70 percent in 1970 and a record low of -26.10 percent in 1961. source: Banque Centrale du Congo

GDP Annual Growth Rate in Congo is expected to reach 4.50 percent by the end of 2024, 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 5.00 percent in 2025 and 4.60 percent in 2026, according to our econometric models.

Related	Last	Previous	Unit	Reference
GDP	66.38	65.80	USD Billion	Dec 2023
GDP Annual Growth Rate	6.20	8.90	percent	Dec 2023
GDP Constant Prices	15819.00	14899.70	CDF Million	Dec 2023
GDP from Agriculture	2094.00	2028.00	CDF Million	Dec 2023
GDP from Construction	694.00	609.00	CDF Million	Dec 2023
GDP from Manufacturing	1472.00	1435.00	CDF Million	Dec 2023
GDP from Mining	6125.00	5187.00	CDF Million	Dec 2023
GDP from Public Administration	439.00	434.00	CDF Million	Dec 2023
GDP from Services	5472.00	5313.00	CDF Million	Dec 2023
GDP from Transport	1944.00	1854.00	CDF Million	Dec 2023
GDP from Utilities	91.00	87.00	CDF Million	Dec 2023
GDP per Capita	537.27	511.30	USD	Dec 2023
GDP per Capita PPP	1455.84	1385.46	USD	Dec 2023

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.