DR Congo - Economy
How is the economy of DR Congo? Based on the information we have, DR Congo has a very poor, large, natural resource-rich sub-Saharan country; possesses the world’s second largest rainforest; increasing Chinese extractive sector trade; massive decrease in government investments; increasing current account deficit and public debts. Key agricultural products in this country include: cassava, plantains, sugarcane, maize, oil palm fruit, rice, root vegetables, bananas, sweet potatoes, groundnuts (2023).
More about the economy of DR Congo
| Labor force | 38.546 million (2024 est.) |
|---|---|
| Industrial production growth rate | 10.1% (2024 est.) |
| Industries | mining (copper, cobalt, gold, diamonds, coltan, zinc, tin, tungsten), mineral processing, consumer products (textiles, plastics, footwear, cigarettes), metal products, processed foods and beverages, timber, cement, commercial ship repair |
| Population below poverty line | 56.2% (2020 est.) |
| Taxes and other revenues | 11.4% (of GDP) (2022 est.) |
| Fiscal year | |
| Exchange rates | |
| Currency | Congolese francs (CDF) per US dollar - |
| Exchange rates 2023 | 2,340.036 (2023 est.) |
| Exchange rates 2022 | 2,006.708 (2022 est.) |
| Exchange rates 2021 | 1,989.391 (2021 est.) |
| Exchange rates 2020 | 1,851.122 (2020 est.) |
| Exchange rates 2019 | 1,647.76 (2019 est.) |
| Debt - external | |
| Debt - external 2023 | $7.926 billion (2023 est.) |
| Reserves of foreign exchange and gold | |
| Reserves of foreign exchange and gold 2023 | $5.104 billion (2023 est.) |
| Reserves of foreign exchange and gold 2022 | $4.378 billion (2022 est.) |
| Reserves of foreign exchange and gold 2021 | $3.467 billion (2021 est.) |
| Current account balance | |
| Current account balance 2023 | -$3.883 billion (2023 est.) |
| Current account balance 2022 | -$3.148 billion (2022 est.) |
| Current account balance 2021 | -$587.407 million (2021 est.) |
| Public debt | |
| Public debt 2022 | 16% of GDP (2022 est.) |
| Budget | |
| Revenues | $11.568 billion (2022 est.) |
| Expenditures | $13.026 billion (2022 est.) |
| Budget surplus (+) or deficit (-) | |
| Remittances | |
| Remittances 2023 | 4.9% of GDP (2023 est.) |
| Remittances 2022 | 5% of GDP (2022 est.) |
| Remittances 2021 | 2.4% of GDP (2021 est.) |
| Household income | |
| Lowest 10% | 2.1% (2020 est.) |
| Highest 10% | 35.7% (2020 est.) |
| Imports | |
| Imports 2023 | $33.68 billion (2023 est.) |
| Imports 2022 | $31.699 billion (2022 est.) |
| Imports 2021 | $22.193 billion (2021 est.) |
| Imports (partners) | China 35%, Zambia 12%, South Africa 12%, India 5%, Belgium 4% (2023) |
| Comodities Imports force | trucks, refined petroleum, stone processing machines, plastic products, sulphur (2023) |
| Exports | |
| Imports 2023 | $33.68 billion (2023 est.) |
| Imports 2022 | $31.699 billion (2022 est.) |
| Imports 2021 | $22.193 billion (2021 est.) |
| Exports (partners) | China 69%, UAE 7%, India 3%, Spain 3%, Egypt 3% (2023) |
| Comodities Exports force | refined copper, cobalt, copper ore, raw copper, crude petroleum (2023) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2024 | $164.367 billion (2024 est.) |
| Real GDP (purchasing power parity) 2023 | $154.081 billion (2023 est.) |
| Real GDP (purchasing power parity) 2022 | $141.867 billion (2022 est.) |
| GDP (official exchange rate) | $70.749 billion (2024 est.) |
| Real GDP Per capita | |
| Real GDP per capita 2024 | $1,500 (2024 est.) |
| Real GDP per capita 2023 | $1,500 (2023 est.) |
| Real GDP per capita 2022 | $1,400 (2022 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 17.1% (2024 est.) |
| Industry | 46.6% (2024 est.) |
| Services | 33% (2024 est.) |
| GDP - composition, by end use | |
| Household consumption | 62.7% (2024 est.) |
| Government consumption | 8.1% (2024 est.) |
| Investment in fixed capital | 32.9% (2024 est.) |
| Investment in inventories | 0.5% (2024 est.) |
| Exports of goods and services | 46.6% (2024 est.) |
| Imports of goods and services | -50.9% (2024 est.) |
| Unemployment rate | |
| Unemployment rate 2024 | 4.6% (2024 est.) |
| Unemployment rate 2023 | 4.5% (2023 est.) |
| Unemployment rate 2022 | 4.6% (2022 est.) |
| Youth unemployment rate (ages 15-24) | |
| Total | 8.5% (2024 est.) |
| Male | 10.8% (2024 est.) |
| Female | 6.6% (2024 est.) |
All Important Facts about DR Congo
Want to know more about DR Congo? Check all different factbooks for DR Congo below.
