Congo GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Congo expanded 4.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Congo averaged 1.05 percent from 1960 until 2018, reaching an all time high of 9.70 percent in 1970 and a record low of -26.10 percent in 1961.

GDP Annual Growth Rate in Congo is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo GDP Annual Growth Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

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Congo GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	4.10	3.70	9.70	-26.10	percent	[+]
GDP	47.23	38.02	47.23	2.88	USD Billion	[+]
GDP per capita	418.70	408.90	1134.30	276.10	USD	[+]
GDP per capita PPP	827.14	807.75	1386.93	545.30	USD	[+]

Although abundant in natural resources, The Democratic Republic of Congo (DR Congo) has one of the lowest GDP per capita in the world. Decades of civil war and systemic corruption has left 70 percent of population living under poverty line. The growing mining industry, oil production and overseas financial aid are the main sources of revenue for the Congolese government. This page provides - Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.10	3.70	9.70	-26.10	1960 - 2018	percent	Yearly

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
India	5.80	Mar/19	6.6	11.4 : -5.2	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	1.80	Mar/19	2.3	8.3 : -3.5	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
South Korea	1.70	Mar/19	2.9	20.8 : -7.3	%
Switzerland	1.70	Mar/19	1.5	5.8 : -3.7	%
Canada	1.30	Mar/19	1.6	9.3 : -4.1	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
France	1.20	Mar/19	1.2	12.6 : -3.8	%
Mexico	1.20	Mar/19	1.7	9 : -9.1	%
Japan	0.90	Mar/19	0.3	9.4 : -8.8	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Brazil	0.50	Mar/19	1.1	10.1 : -5.5	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
South Africa	0.00	Mar/19	1.1	7.1 : -2.6	%
Italy	-0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-2.60	Mar/19	-3	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%