GDP in DR Congo

DR Congo GDP | Economic News & Forecasts

DR Congo - GDP

The mineral-rich country was among the hardest-hit by the slump in commodity prices and economic growth decelerated to a 15-year low last year. While prices for commodities have picked up recently, they remain too low to support any meaningful recovery and stem the decline in GDP per capita. Ongoing efforts by the president to undermine and obstruct this year’s already-delayed presidential elections have resulted in deadly protests and have revived fears of bloodshed and chaos. Similarly, the economy has suffered collateral damage from political instability and FDI declined by almost 30% last year. This suggests that an important source of foreign currency is drying up and will contribute to putting pressure on the currency which has depreciated sharply since the start of the year.

DR Congo - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)6.9  8.0  8.5  9.5  6.9  

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Note: GDP, annual variation in %.
Source: Central Bank of Congo

DR Congo Facts

Exchange Rate1,4540.0 %Jun 16
Stock Market1.40.0 %Jun 12

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