Not to be confused with Economy of the Democratic Republic of the Congo.
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Economy of Republic of the Congo
Brazzaville is the economic center of the Republic of Congo;
capital equipment, construction materials, foodstuffs
Main import partners
China 20.4%
France 9.28%
Belgium 4.88%
India 4.65% (2021)[14]
Gross external debt
4.225 billion (2012[update])
Public finances
Revenues
$8.05 billion (2012[update])
Expenses
$5.93 billion (2012[update])
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The economy of the Republic of the Congo is a mixture of subsistence hunting and agriculture, an industrial sector based largely on petroleum extraction and support services. Government spending[15] is characterized by budget problems and overstaffing. Petroleum has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports.[15] Nowadays the Republic of the Congo is increasingly converting natural gas to electricity rather than burning it, greatly improving energy prospects.[15]
^"World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved September 29, 2019.
^"World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved September 29, 2019.
^"Population, total – Congo, Rep". data.worldbank.org. World Bank. Retrieved March 3, 2020.
^ abcde"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved December 6, 2019.
^"Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges" (PDF). openknowledge.worldbank.org. World Bank. p. 147. Retrieved March 3, 2020.
^"Poverty headcount ratio at national poverty lines (% of population) – Congo, Rep". data.worldbank.org. World Bank. Retrieved March 3, 2020.
^"Poverty headcount ratio at $3.20 a day (2011 PPP) (% of population) – Congo, Rep". data.worldbank.org. World Bank. Retrieved March 3, 2020.
^"GINI index (World Bank estimate) – Congo, Rep". data.worldbank.org. World Bank. Retrieved March 3, 2020.
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved November 23, 2022.
^"Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved November 23, 2022.
^"Labor force, total – Congo, Rep". data.worldbank.org. World Bank & ILO. Retrieved March 3, 2020.
^"Employment to population ratio, 15+, total (%) (national estimate) – Congo, Rep". data.worldbank.org. World Bank & ILO. Retrieved March 3, 2020.
^"Export Partners of the Republic of the Congo". The Observatory of Economic Complexity. Retrieved April 21, 2023.
^"Import Partners of the Republic of the Congo". The Observatory of Economic Complexity. Retrieved April 21, 2023.
^ abcCIA. "The World Factbook". Retrieved July 9, 2013.
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