Indicators of economy in the Democratic Republic of the Congo
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in the Democratic Republic of the Congo reached 544 US dollars per inhabitant, or 48.72 bn US Dollar in 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 into account the purchasing power parity, then the Democratic Republic of the Congo is in the list of the world's richest countries in place 188.Inflation in the Democratic Republic of the Congo was in 2016 at around 2.89%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 68.4% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
Back to overview: Congo (Dem. Republic)
Impact of the Covid-19 pandemic in 2020
Overall, the gross domestic product in the Congo in 2020 decreased moderatly from 50.40 billion US Dollar to 48.72 billion US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 3.3% is still comparatively good this year. Numerous countries suffered more substantial losses. The unemployment rate rose from 4.5 to 5.3 percent.Unemployment rates in percent 1991 - 2021
Economic performance 2020
Congo (Dem. Republic) Total | Congo (Dem. Republic) per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 48.72 bn USD | 543.95 USD | 15,291.93 tn USD | 29,692.11 USD |
Gross national product | 49.31 bn USD | 550.53 USD | 15,330.84 tn USD | 29,767.66 USD |
Development of the Gross domestic product in billion US Dollar 1960 - 2020
Im- and Exports 2020
Congo (Dem. Republic) Total | Congo (Dem. Republic) per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 14.56 bn USD | 162.53 USD | 7,340.01 bn USD | 14,251.98 USD |
Exports | 13.93 bn USD | 155.56 USD | 7,939.04 bn USD | 15,415.11 USD |
Development of imports and exports in billion US dollars 2005 - 2020
Exports
Imports