Republic of the Congo's GDP changed from approximately $2B 165M in 1980 to $15B 501M in 2024, showing an overall 616.0% sharply increased during the period.
The lowest GDP was recorded in 1984 at $1B 294M, and the highest in 2013 at $17B 959M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.6%.
For comparison, the average annual growth rate of Angola was 6.2%, and that of Democratic Republic of the Congo was 0.2%.
Republic of the Congo GDP from 1980 to 2024
The total market value of goods and services produced annually in Republic of the Congo.
Overview of Republic of the Congo's GDP (1980–2024)
The Gross Domestic Product (GDP) of Republic of the Congo recorded a 616.0% sharply increased from 1980 to 2024.
The average GDP during this period was $7B 195M, and the median was $3B 624M.
GDP fluctuated within a range of $16B 665M, with a standard deviation of $5B 671M.
The average annual change was $381M 114K.
Highest and Lowest GDP Records
- Lowest GDP: 1984, $1B 294M
- Highest GDP: 2013, $17B 959M
- Most Recent GDP: 2024, $15B 501M
Notable Annual GDP Changes
- 2010: Significant increase in GDP
- 2015: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Republic of the Congo's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $13B 977M → $11B 485M
- Outcome: sharply declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $8B 784M → $9B 713M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $3B 624M → $3B 38M
- Outcome: sharply declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $2B 568M → $2B 240M
- Outcome: sharply declined
Key Economic Indicators of Republic of the Congo (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 12.678 % | $ 2B 165M | $ 3B 61M | $ 1,268.33 | $ 1,792.89 | 29.30 % | 1M 707K people | -7.697 % | 0 % |
1981 | 2.613 % | $ 1B 775M | $ 3B 438M | $ 1,008.64 | $ 1,953.49 | 35.67 % | 1M 760K people | -25.953 % | 0 % |
1982 | 2.41 % | $ 1B 548M | $ 3B 738M | $ 853.04 | $ 2,060.59 | 29.64 % | 1M 814K people | -21.422 % | 0 % |
1983 | 2.393 % | $ 1B 407M | $ 3B 978M | $ 752.38 | $ 2,126.85 | 32.60 % | 1M 870K people | -28.49 % | 0 % |
1984 | 2.375 % | $ 1B 294M | $ 4B 219M | $ 671.08 | $ 2,188.41 | 22.91 % | 1M 928K people | 16.246 % | 0 % |
1985 | 2.359 % | $ 1B 327M | $ 4B 455M | $ 667.57 | $ 2,241.66 | 21.11 % | 1M 988K people | -12.154 % | 0 % |
1986 | 2.343 % | $ 1B 815M | $ 4B 652M | $ 885.76 | $ 2,270.28 | 24.33 % | 2M 49K people | -33.1 % | 0 % |
1987 | 2.327 % | $ 2B 205M | $ 4B 878M | $ 1,043.90 | $ 2,309.40 | 21.94 % | 2M 112K people | -10.1 % | 0 % |
1988 | 21.908 % | $ 2B 346M | $ 6B 156M | $ 1,077.32 | $ 2,827.34 | 28.29 % | 2M 177K people | -18.99 % | 0 % |
1989 | 21.269 % | $ 2B 478M | $ 7B 758M | $ 1,071.04 | $ 3,352.95 | 16.12 % | 2M 314K people | -3.428 % | 1.564 % |
1990 | 1.003 % | $ 2B 909M | $ 8B 129M | $ 1,219.58 | $ 3,407.87 | 35.96 % | 2M 385K people | -8.635 % | 5.792 % |
1991 | 3.402 % | $ 3B 35M | $ 8B 690M | $ 1,237.55 | $ 3,543.13 | 31.03 % | 2M 453K people | -15.205 % | -3.315 % |
1992 | 4.181 % | $ 3B 280M | $ 9B 260M | $ 1,301.28 | $ 3,673.12 | 41.94 % | 2M 521K people | -9.651 % | -5.577 % |
1993 | 1.316 % | $ 3B 4M | $ 9B 604M | $ 1,157.84 | $ 3,702.13 | 38.62 % | 2M 594K people | -18.401 % | -4.665 % |
1994 | -1.401 % | $ 2B 68M | $ 9B 672M | $ 774.87 | $ 3,623.36 | 35.73 % | 2M 669K people | -38.36 % | -0.17 % |
1995 | 3.965 % | $ 2B 457M | $ 10B 266M | $ 896.01 | $ 3,743.50 | 5.57 % | 2M 742K people | -25.444 % | 5.884 % |
1996 | 3.495 % | $ 2B 840M | $ 10B 819M | $ 1,008.34 | $ 3,841.23 | 10.24 % | 2M 817K people | -22.916 % | 9.886 % |
1997 | -1.004 % | $ 2B 568M | $ 10B 895M | $ 893.11 | $ 3,789.61 | 22.47 % | 2M 875K people | -6.069 % | 4.115 % |
1998 | 8.95 % | $ 2B 240M | $ 12B 4M | $ 762.52 | $ 4,086.86 | 12.20 % | 2M 937K people | -10.743 % | -4.976 % |
1999 | -3.678 % | $ 2B 646M | $ 11B 726M | $ 877.22 | $ 3,887.07 | 25.85 % | 3M 17K people | -8.716 % | 5.56 % |