Congo

Congo Economic Outlook

  • After a downturn in 2013, growth rebounded to 6.0% in 2014 and should reach 6.8% in 2015, but the continuing drop in oil prices could weaken the country’s economic prospects.
  • The pace and quality of economic growth were not sufficient to significantly reduce poverty and enable achievement of the Millennium Development Goals.
  •  The country’s centralised geoeconomic structure results in weak spatial inclusion, despite advances due to recent investments in infrastructure.

Contacts

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51

 

 

 

Key Facts

Flag:
Capital: Brazzaville
Area: 342,000 sq km
Total Population 2013: 3.7 Million
Urban Population 2013: 61.72%
Female Population 2013: 50.09%
GDP: US$ 8.7 Billion
GNI Per Capita 2013: US$ 1,970
Inflation Rate: 2.00%
Crude Birth Rate (per 1000): 33.97%
Human Development Index (rank / 187): 0
Human Development Index (scale 0 to 1): 0.389
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 317.1 Million

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