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%.
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.
Republic of the Congo GDP from 1980 to 2024
The total market value of goods and services produced annually in Republic of the Congo.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 2B 165M | $ 1,268.33 | $ 1,792.89 | $ 3B 61M | 12.678 % | -7.697 % | 29.30 % | 0 % | 1M 707K people |
1981 | $ 1B 775M | $ 1,008.64 | $ 1,953.49 | $ 3B 438M | 2.613 % | -25.953 % | 35.67 % | 0 % | 1M 760K people |
1982 | $ 1B 548M | $ 853.04 | $ 2,060.59 | $ 3B 738M | 2.41 % | -21.422 % | 29.64 % | 0 % | 1M 814K people |
1983 | $ 1B 407M | $ 752.38 | $ 2,126.85 | $ 3B 978M | 2.393 % | -28.49 % | 32.60 % | 0 % | 1M 870K people |
1984 | $ 1B 294M | $ 671.08 | $ 2,188.41 | $ 4B 219M | 2.375 % | 16.246 % | 22.91 % | 0 % | 1M 928K people |
1985 | $ 1B 327M | $ 667.57 | $ 2,241.66 | $ 4B 455M | 2.359 % | -12.154 % | 21.11 % | 0 % | 1M 988K people |
1986 | $ 1B 815M | $ 885.76 | $ 2,270.28 | $ 4B 652M | 2.343 % | -33.1 % | 24.33 % | 0 % | 2M 49K people |
1987 | $ 2B 205M | $ 1,043.90 | $ 2,309.40 | $ 4B 878M | 2.327 % | -10.1 % | 21.94 % | 0 % | 2M 112K people |
1988 | $ 2B 346M | $ 1,077.32 | $ 2,827.34 | $ 6B 156M | 21.908 % | -18.99 % | 28.29 % | 0 % | 2M 177K people |
1989 | $ 2B 478M | $ 1,071.04 | $ 3,352.95 | $ 7B 758M | 21.269 % | -3.428 % | 16.12 % | 1.564 % | 2M 314K people |
1990 | $ 2B 909M | $ 1,219.58 | $ 3,407.87 | $ 8B 129M | 1.003 % | -8.635 % | 35.96 % | 5.792 % | 2M 385K people |
1991 | $ 3B 35M | $ 1,237.55 | $ 3,543.13 | $ 8B 690M | 3.402 % | -15.205 % | 31.03 % | -3.315 % | 2M 453K people |
1992 | $ 3B 280M | $ 1,301.28 | $ 3,673.12 | $ 9B 260M | 4.181 % | -9.651 % | 41.94 % | -5.577 % | 2M 521K people |
1993 | $ 3B 4M | $ 1,157.84 | $ 3,702.13 | $ 9B 604M | 1.316 % | -18.401 % | 38.62 % | -4.665 % | 2M 594K people |
1994 | $ 2B 68M | $ 774.87 | $ 3,623.36 | $ 9B 672M | -1.401 % | -38.36 % | 35.73 % | -0.17 % | 2M 669K people |
1995 | $ 2B 457M | $ 896.01 | $ 3,743.50 | $ 10B 266M | 3.965 % | -25.444 % | 5.57 % | 5.884 % | 2M 742K people |
1996 | $ 2B 840M | $ 1,008.34 | $ 3,841.23 | $ 10B 819M | 3.495 % | -22.916 % | 10.24 % | 9.886 % | 2M 817K people |
1997 | $ 2B 568M | $ 893.11 | $ 3,789.61 | $ 10B 895M | -1.004 % | -6.069 % | 22.47 % | 4.115 % | 2M 875K people |
1998 | $ 2B 240M | $ 762.52 | $ 4,086.86 | $ 12B 4M | 8.95 % | -10.743 % | 12.20 % | -4.976 % | 2M 937K people |
1999 | $ 2B 646M | $ 877.22 | $ 3,887.07 | $ 11B 726M | -3.678 % | -8.716 % | 25.85 % | 5.56 % | 3M 17K people |
