Republic of the Congo - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Republic of the Congo including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Republic of the Congo economy.


MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 569.27
 596 618 641 665 769
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate -4.00
percent		 2.32 2.6 2.25 2.5 4
GDP 8.72
USD Billion		 8.9 8.9 9.2 9.2 9.3
GDP per capita 2576.40
USD		 2600 2600 2650 2650 2700
GDP per capita PPP 4881.41
USD		 4989 4923 5129 5129 4790
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 10.95
percent		 10.67 10.6 10.57 10.55 23.5
Population 5.26
million		 5.35 5.38 5.42 5.45 5.76
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate -0.60
percent		 3 3 -0.8 -0.8 5
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 2.95
percent		 3 2.95 3 3 2.95
Deposit Interest Rate 2.45
percent		 2.5 2.45 2.5 2.5 2.45
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Current Account to GDP -24.20
percent		 -15.39 -20.18 -13.55 -19.38 -20.05
Terrorism Index 4.04
 3.22 3.64 3.33 3.03 2
Crude Oil Production 370.00
BBL/D/1K		 372 372 372 372 372
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 17.00
percent		 23 23 25 25 28
Government Budget -5.10
percent of GDP		 -4.55 -4.35 -3.99 -3.63 -2.42
Military Expenditure 481.60
USD Million		 525 527 535 544 584
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Ease of Doing Business 179.00
 184 186 186 185 178
Corruption Index 21.00
Points		 21 21 21 21 22
Corruption Rank 161.00
 158 159 159 159 150
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 30.00
percent		 30 30 29.25 29 29
Personal Income Tax Rate 40.00
percent		 40 40 40 40 40
Sales Tax Rate 18.00
percent		 18 18 18 18 18
Social Security Rate 24.29
percent		 24.29 24.29 25 25 25
Social Security Rate For Companies 20.29
percent		 20.28 20.28 20.28 20.29 20.29
Social Security Rate For Employees 4.00
percent		 4 4 4 4 4
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 138.69
mm		 84.32 182 135 134 137
Temperature 24.92
celsius		 23.69 24.67 25.43 24.75 25.25