Skip to main content

Laboratoire de la finance africaine

Congo, Democratic Republic

Preview 2018
Projected Real GDP Growth (% Change) : 4.3
GDP (current, USD Bn) : 47.20
Projected Consumer Prices (% Change) : 4.5
Country Population : 100 million
Economic performance and outlook

Real GDP growth dropped to 4.3% in 2019 from 5.8% in 2018 due to a slowdown in extractives, the economy’s main driver despite a fall in the price of some rawmaterials (copper and cobalt). Agriculture has suffered from low productivity while energy shortages have hindered industrialization efforts. Growth has been driven by domestic demand, particularly private investment and public consumption.

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

 

Financial markets

In June 2017, the Congolese banking sector represented a total asset of $1.8 billion.

Credit distributed to businesses represents $1.3 billion and, more broadly, credit to private sector totaling $2.1 billion.