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Democratic Republic of the Congo
Republique Democratique du Congo
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EconomyDemocratic Republic of the Congo
Field = Fields World Record = World Records  = Dictionary Bar Graph = Bar graph Distribution Maps = Distribution map Field History = Fields History Definitions = Definitions

Economy - overview:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

The economy of the Democratic Republic of the Congo - a nation endowed with vast potential wealth - is slowly recovering from decades of decline. Systemic corruption since independence in 1960 and conflict that began in May 1997 has dramatically reduced national output and government revenue, increased external debt, and resulted in the deaths of more than 5 million people from violence, famine, and disease. Foreign businesses curtailed operations due to uncertainty about the outcome of the conflict, lack of infrastructure, and the difficult operating environment. Conditions began to improve in late 2002 with the withdrawal of a large portion of the invading foreign troops. The transitional government reopened relations with international financial institutions and international donors, and President KABILA began implementing reforms. Progress has been slow and the International Monetary Fund curtailed their program for the DRC at the end of March 2006 because of fiscal overruns. Much economic activity still occurs in the informal sector, and is not reflected in GDP data. Renewed activity in the mining sector, the source of most export income, boosted Kinshasa's fiscal position and GDP growth from 2006-08, however, the government's review of mining contracts that began in 2006, combined with a fall in world market prices for the DRC's key mineral exports temporarily weakened output in 2009, leading to a balance of payments crisis. The recovery in mineral prices beginning in mid 2009 boosted mineral exports, and emergency funds from the IMF boosted foreign reserves. An uncertain legal framework, corruption, and a lack of transparency in government policy are long-term problems for the mining sector and for the economy as a whole. The global recession cut economic growth in 2009 to less than half its 2008 level, but growth returned to 6-7% in 2010-11. The DRC signed a Poverty Reduction and Growth Facility with the IMF in 2009 and received $12 billion in multilateral and bilateral debt relief in 2010.

GDP (purchasing power parity):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$25.19 billion (2011 est.)
$23.66 billion (2010 est.)
$22.03 billion (2009 est.)
note: data are in 2011 US dollars

GDP - per capita (PPP):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$300 (2011 est.)
$300 (2010 est.)
$300 (2009 est.)
note: data are in 2011 US dollars

GDP (official exchange rate):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$15.3 billion (2011 est.)

GDP - real growth rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

6.5% (2011 est.)
7.2% (2010 est.)
2.8% (2009 est.)

GDP - composition by sector:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

agriculture: 37.5%
industry: 27.6%
services: 35% (2011 est.)

Investment (gross fixed):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

23.8% of GDP (2011 est.)

Population below poverty line:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

71% (2006 est.)

Household income or consumption by percentage share:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

lowest 10%: 2.3%
highest 10%: 34.7% (2006)

Distribution of family income - Gini index:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Inflation rate (consumer prices):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

17% (2011 est.)
23.1% (2010 est.)

Central bank discount rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

22% (31 December 2010 est.)
70% (31 December 2009 est.)

Commercial bank prime lending rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

45% (31 December 2011 est.)
56.8% (31 December 2010 est.)

Stock of money:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$613.9 million (31 December 2008)
$597 million (31 December 2007)

Stock of money - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

9 USD per capita

Stock of quasi money:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$947.8 million (31 December 2008)
$677.9 million (31 December 2007)

Stock of quasi money - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

14 USD per capita

Stock of domestic credit:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$176.7 million (31 December 2011 est.)
$928.5 million (31 December 2008 est.)

Stock of domestic credit - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

3 USD per capita

Stock of narrow money:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$893.3 million (31 December 2011 est.)
$771.8 million (31 December 2010 est.)

Stock of broad money:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$2.889 billion (31 December 2011 est.)
$2.147 billion (31 December 2010 est.)

Labor force:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

34.79 million (2011 est.)

Labor force participation rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

48.51 % of population

Labor force - by occupation:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

agriculture: NA%
industry: NA%
services: NA%

Unemployment rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

NA%

Unemployment, youth ages 15-24:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Budget:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

revenues: $4.274 billion
expenditures: $5.308 billion (2011 est.)

Budget revenues per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

60 USD per capita

Taxes and other revenues:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

27.9% of GDP (2011 est.)

Budget surplus (+) or deficit (-):
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

-6.8% of GDP (2011 est.)

Public debt:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Industries:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

mining (diamonds, gold, copper, cobalt, coltan, zinc, tin, diamonds), mineral processing, consumer products (including textiles, plastics, footwear, cigarettes, metal products, processed foods and beverages), timber, cement, commercial ship repair

Industrial production growth rate:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

NA%

Electricity - production:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

7.452 billion kWh (2008 est.)

Electricity - production per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

104 kWh per capita

Electricity - consumption:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

6.036 billion kWh (2008 est.)

Electricity - consumption - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

85 kWh per capita

Electricity - exports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

674 million kWh (2008 est.)

Electricity - imports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

591 million kWh (2008 est.)

Oil - production:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

21,000 bbl/day (2010 est.)

Oil - production per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

293 bbl/day per capita

Oil - consumption:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

13,000 bbl/day (2010 est.)

Oil - consumption - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

0.07 bbl/year per capita

Oil - exports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

11,090 bbl/day (2009 est.)

Oil - imports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

13,100 bbl/day (2009 est.)

Oil - proved reserves:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

180 million bbl (1 January 2011 est.)

Natural gas - production:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

0 cu m (2009 est.)

Natural gas - production per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Natural gas - consumption:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

0 cu m (2009 est.)

Natural gas - consumption - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Natural gas - exports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

0 cu m (2009 est.)

Natural gas - imports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

0 cu m (2009 est.)

Natural gas - proved reserves:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

991.1 million cu m (1 January 2011 est.)

Agriculture - products:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

coffee, sugar, palm oil, rubber, tea, cotton, cocoa, quinine, cassava (tapioca), manioc, bananas, plantains, peanuts, root crops, corn, fruits; wood products

Current account balance:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

-$419 million (2011 est.)
-$897 million (2010 est.)

Current account balance - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

-5 USD per capita

Exports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$10.93 billion (2011 est.)
$8.35 billion (2010 est.)

Exports per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

153 USD per capita

Exports - commodities:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

diamonds, gold, copper, cobalt, wood products, crude oil, coffee

Exports - partners:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

China 46.9%, Zambia 23.3%, US 10.4%, Belgium 4.2% (2010)

Imports:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$9.021 billion (2011 est.)
$7.829 billion (2010 est.)

Imports per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

126 USD per capita

Imports - commodities:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

foodstuffs, mining and other machinery, transport equipment, fuels

Imports - partners:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

South Africa 19.2%, China 12.5%, Belgium 9.2%, Zambia 8.8%, Zimbabwe 6.9%, France 5.8%, Kenya 5.8% (2010)

Reserves of foreign exchange and gold:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$1.297 billion (31 December 2010 est.)

Reserves of foreign exchange and gold - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

19 USD per capita

Debt - external:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$13.5 billion (2009 est.)
$12.7 billion (2008 est.)

Debt - external - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

189 USD per capita

Stock of direct foreign investment - at home:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Stock of direct foreign investment - at home - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Stock of direct foreign investment - abroad:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Stock of direct foreign investment - abroad - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Market value of publicly traded shares:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

$NA

Market value of publicly traded shares - per capita:
Field  World Record  Bar Graph  Distribution Map  Field History  Notes and Definitions

void

Currency (code):
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

Congolese franc (CDF)

Exchange rates:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

Congolese francs (CDF) per US dollar -
1,000 (2011 est.)
912 (2010 est.)
472.19 (2009)
559 (2008)
516 (2007)

Fiscal year:
Field  Dictionary  Bar Graph  Distribution Map  Field History  Notes and Definitions

calendar year
Field = Fields World Record = World Records  = Dictionary Bar Graph = Bar graph Distribution Maps = Distribution map Field History = Fields History Definitions = Definitions


This page was last updated on 3 February, 2012

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