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Laboratoire de la finance africaine

Congo (CEMAC)

Preview 2018
Projected Real GDP Growth (% Change) : 2.2
GDP (current, USD Bn) : 11.30
Projected Consumer Prices (% Change) : 1.8
Country Population : 4.68 million
Economic performance and outlook

Congo’s economic growth has remained on track despite a still weak domestic environment. The growth upturn in 2018 (1.6%) accelerated slightly in 2019 to 2.2%, attributable to the oil sector, which grew 5.5%, and construction and public works, up by 0.8%.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

Financial markets

In the end of 2019, the banking sector of Congo (member of the CEMAC) represented a total asset of $1.8 billion.

Credit distributed to private sector in 2019 represents $ 1.6 billion.