Private Consumption in DR Congo
DR Congo noted an average growth rate of 4.7% in private consumption over the decade leading to 2022, above the Sub-Saharan Africa's average of 2.8%. In 2022, DR Congo's private consumption growth was 4.1%. For more private consumption information, visit our dedicated page.
DR Congo Private consumption Chart
Note: This chart displays Private Consumption (annual variation in %) for DR Congo from 2023 to 2022.
Source: Macrobond.
DR Congo Private consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Private Consumption (ann. var. %) | 5.5 | -1.3 | 4.5 | 3.1 | 3.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Congolese private consumption projections for the next ten years from a panel of 5 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. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Congolese private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Congolese private consumption projections.
Want to get access to the full dataset of Congolese private consumption forecasts? Send an email to info@focus-economics.com.