DR Congo's Macroeconomic Analysis:
Nominal GDP of USD 58.1 billion in 2022.
Nominal GDP of USD 66.4 billion in 2023.
GDP per capita of USD 664 compared to the global average of USD 10,589.
GDP per capita of USD 600 compared to the global average of USD 10,589.
Average real GDP growth of 5.9% over the last decade.
Average real GDP growth of 6.1% over the last decade.
Sector Analysis
In 2021, services accounted for 35% of overall GDP, manufacturing 17%, other industrial activity 29%, and agriculture 19%. Looking at GDP by expenditure, private consumption accounted for 66% of GDP in 2021, government consumption 8%, fixed investment 25%, and net exports 1%.International trade
In 2020, manufactured products made up 24% of total merchandise exports, mineral fuels 0%, food 1%, ores and metals 74% and agricultural raw materials 1%, with other categories accounting for 0% of the total. In the same period, manufactured products made up 78% of total merchandise imports, mineral fuels 5%, food 9%, ores and metals 6% and agricultural raw materials 1%, with other goods accounting for 1% of the total. Total exports were worth USD 22 billion in 2021, while total imports were USD 18 billion.Main Economic Indicators
Economic growthThe economy recorded average annual growth of 5.9% in the decade to 2022. To read more about GDP growth in DR Congo, go to our dedicated page.
Fiscal policy
DR Congo's fiscal deficit averaged 0.5% of GDP in the decade to 2022. Find out more on our dedicated page.
Unemployment
The unemployment rate averaged 4.6% in the decade to 2022. For more information on DR Congo's unemployment click here.
Inflation
Inflation averaged 9.6% in the decade to 2022. Go to our DR Congo inflation page for extra insight.
Monetary Policy
DR Congo's monetary policy rate ended 2022 at 8.25%, up from 4.00% a decade earlier. See our DR Congo monetary policy page for additional details.
Exchange Rate
From end-2012 to end-2022 the Congolese franc weakened by 73.4% vs the U.S. dollar. For more info on the Congolese franc, click here.
Economic situation in DR Congo
GDP growth should have slowed so far in 2024 compared with 2023. The country’s statistical office sees annual growth slowing from 8.6% to 6.0% this year—above our Consensus of 5.0%. Tighter financial conditions through November and higher inflation through July compared to 2023 have likely constrained domestic activity. However, the key mining sector started the year on a high note: Copper and cobalt output growth rose markedly in January–May. In the financial arena, in November, the DRC reached a three-year financing deal worth around USD 2.9 billion with the IMF. In other news, the Kipushi zinc mine reopened in mid-November after three decades of inactivity. Meanwhile, in late November, the country signed a deal with Rwanda for the latter’s troops to leave Congolese territory; that said, fighting between the DRC and Rwanda-backed rebel group M23 resumed in early December.DR Congo Economic Forecasts
Projections out to 2034.42 indicators covered including both annual and quarterly frequencies.
Consensus Forecasts based on a panel of 8 expert analysts.
Want to get insight on the economic outlook for DR Congo in the coming years? FocusEconomics collects projections out to 2034 on 42 economic indicators for DR Congo from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the DR Congo economy. To download a sample report on the DR Congo's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.