Indicators of economy in the Democratic Republic of the Congo
The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in the Democratic Republic of the Congo, on the other hand, reached USD 577 per capita, or 55.35 billion USD for the whole country. The Democratic Republic of the Congo is therefore currently ranked 86 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then the Congo (Dem. Republic) ranks 188th in the list of the richest countries.Inflation in the Democratic Republic of the Congo in 2016 was around 2.89%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 68.4 percent lower.
The index for perceived corruption in the public sector is 19, which is rather poor by global standards.
Back to overview: Congo (Dem. Republic)
Impact of the COVID-19 pandemic
The consequences of the COVID pandemic were not insignificant in the Congo 2020. Overall, gross domestic product in 2020 fell from 51.78 billion US dollars to 48.72 billion US dollars. With a drop of 5.9 percent, the economy in the Congo suffered more significant losses than other countries. The unemployment rate rose from 4.5 to 5.3 percent.Unemployment rates in percentages 1991 - 2021
Economic performance 2021
Congo (Dem. Republic) Total | Congo (Dem. Republic) per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 55.35 bn USD | 577.21 USD | 17.177 tn USD | 33,384.92 USD |
Gross national product | 52.54 bn USD | 547.94 USD | 16.895 tn USD | 32,835.37 USD |
Development of gross domestic product in billions of USD 1960 - 2021
Imports and Exports 2021
Congo (Dem. Republic) Total | Congo (Dem. Republic) per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 14.56 bn USD | 151.80 USD | 8.916 tn USD | 17,329.02 USD |
Exports | 13.93 bn USD | 145.29 USD | 9.554 tn USD | 18,569.19 USD |
Development of imports and exports in billions of USD 2005 - 2021
Exports
Imports