Economic Overview
The Republic of the Congo's economy is a mixture of subsistence farming, an industrial sector based largely on oil and support services, and government spending. Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports.
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Economic activity in Congo is estimated to have increased by 1.9% in 2023, compared to an estimated 1.5% in 2022, driven by the non-oil sector. However, real ...
We expect modest economic growth in 2024 on the back of small increases in oil output and mining. Debt sustainability will remain an issue over the 2024-25 ...
Index of Economic Freedom: Trade Freedom component, score (0-100, higher is more free). Congo (Brazzaville)49.6. Region Avg.62.1. Income Group Avg.65.5.
The Congo was noted as having passed through a recently tough transitional phase, but real economic numbers were in decline for some time with seventy percent ...
Congo's chief export is petroleum, which accounts for the vast majority of its export earnings; wood and wood products, including logs and sawn timber, are also ...
Republic of Congo | United States Trade Representative
ustr.gov › africa › central-africa › republ...
U.S. goods imports from Congo (Brazzaville) totaled $144 million in 2022, up 176.1 percent ($92 million) from 2021, but down 90 percent from 2012. The U.S. ...
Nov 29, 2020 · Congo possesses natural riches in abundance and the economy relies on the export of natural resources. Oil exports account for 55 percent of ...
Exports The top exports of Republic of the Congo are Crude Petroleum ($8.19B), Refined Copper ($3.23B), Rough Wood ($218M), Sawn Wood ($144M), and Tin Ores ($ ...
Jul 17, 2017 · The Republic of Congo has a small trade deficit. The World Bank estimates 2016 exports of $3.2 billion, with corresponding imports of $5 billion ...