Republic of Congo: Economy

Economic Trivia

The oil sector accounts for 65% of the GDP, 85% of government revenue, and 92% of exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, France, and Australia
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Ships & Boats, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Petroleum Extraction; Cement; Lumber; Brewing

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $28,276,523,016 (2014)
GDP Growth Rate (annual %) 6.78% (2014)
GDP Per Capita, PPP (current international) $6,277 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 126/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.077% (2014)
External debt stocks, total (DOD, current US$) $3,451,611,000 (2013)
Total tax rate (% of commercial profits) 56% (2015)
Real Interest Rate (5 year average %) 20.529% (2012)
Manufacturing, value added (% of GDP) 4.739% (2014)
Current Account Balance (BoP, current US$) ($2,181,039,951) (2007)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 1,827,861 (2014)
Employment in Agriculture (% of total employment) 35.4% (2005)
Employment in Industry (% of total employment) 20.6% (2005)
Employment in Services (% of total employment) 42.2% (2005)
Unemployment Rate 6.5% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $9,960,025,879 (2014)
Exports of goods and services (current US$) $10,347,654,344 (2014)
Total Merchandise Trade (% of GDP) 102.014% (2014)
FDI, net inflows (BoP, current US$) $5,502,260,247 (2014)
Commercial Service Exports (current US$) $302,754,135 (2007)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Republic of Congo’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary