Congo

Congo Economic Outlook

  • Lower oil production – the economy’s main driver – and weaker domestic demand caused growth to weaken to 3.4% in 2013.
  • Structural and social reforms have made progress but not fast enough for Congo to reach its goals of economic transformation.
  • Although the country is rich in natural resources, which give it a substantial comparative advantage in integration into global value chains (GVCs), Congo’s role in international production networks is mainly confined to the export of primary inputs because of substantial structural obstacles.

Contacts

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group  
Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O.Box 323-1002, Tunis-Belvédère, Tunisia

Phone: (+216) 71102833 / 71102060
Fax: (+216) 71103760


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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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