Congo

Congo Economic Outlook

  • The economy shrank by 2.4% in 2016 (after expanding by 2.6% the previous year), amid difficult conditions worldwide, in particular a sharp drop in oil prices, and is expected to grow by 0.5% in 2017.
  • The proportion of the population living in poverty fell from 50.2% to 37% between 2005 and 2011, but social indicators remain mixed, and some are incompatible with Congo’s status as a middle-income country (MIC).
  • Despite its major potential, industry has not developed to become the engine to drive the economy and structural transformation.

Read more


Key Facts

Flag:
Capital: Brazzaville
Area: 342,000 sq km
Total Population 2017: 4.5 Million
Urban Population 2017: 64.52%
Female Population 2017: 50.01%
GDP: US$ 14.2 Billion
GNI Per Capita 2015: US$ 2,550
Inflation Rate: 3.00%
Crude Birth Rate (per 1000): 37.58%
Human Development Index (rank / 188): 142
Human Development Index (scale 0 to 1): 0.534
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 356.2 Million

Show more facts


Activity



Resources



Contacts

Department Central Africa Region

Mr. Ousmane Dore, Director Central Africa Region

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