GDP in DR Congo
DR Congo - GDPA slump in the prices and output of key Congolese commodities, which account for around 95% of the country’s export revenues, dragged GDP growth to an estimated 15-year low in 2016. Lower export earnings and a soaring budget deficit put pressure on the currency, causing it to depreciate sharply last year, which impacted income and consumer earnings. The country was also plagued by massive political unrest, which came to a temporary halt after a deal was struck to hold elections in 2017. However, the death of a senior opposition leader earlier this year has severely weakened the opposition’s cohesion and infighting is taking hold among the different parties. This has stalled the implementation of the agreement to form a transitional government to guarantee a peaceful power transition and raised fears of fresh violence.
DR Congo - GDP Data
|Economic Growth (GDP, annual variation in %)||6.9||7.1||8.5||9.5||-|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,348||0.07 %||Mar 28|
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