Republic of the Congo GDP 2024

[ Nominal GDP in billions of USD ]

Year -

$15.72 billions

Source: world bank Nominal/PPP
Summary:

Republic of the Congo GDP expanded from 1960 to 2024, increasing from $0.13 billion to $15.72 billion.The compound annual growth rate (CAGR) averaged 7.78% over the period. The economy recorded its peak level in 2013 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 39.59%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.

Republic of the Congo Annual GDP from 1960 to 2024

Source: world bank Nominal | PPP

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19600.13-----
19610.150.0215.14 %---
19620.170.019.788 %---
19630.170.013.43 %---
19640.190.017.815 %---
19650.20.016.798 %---
19660.220.0211.242 %---
19670.240.027.608 %---
19680.250.015.834 %---
19690.270.015.49 %---
19700.270.013.743 %---
19710.320.0517.154 %---
19720.410.0927.486 %---
19730.540.1331.973 %---
19740.590.048.006 %---
19750.770.1831.047 %---
19760.75-0.01-1.636 %---
19770.770.011.415 %---
19780.880.1114.838 %---
19791.20.3236.412 %---
19801.710.5142.298 %---
19811.990.2916.867 %---
19822.160.178.384 %---
19832.1-0.06-2.933 %---
19842.190.14.592 %---
19852.16-0.03-1.491 %---
19861.85-0.31-14.42 %---
19872.30.4524.252 %---
19882.21-0.09-3.709 %---
19892.390.188.002 %---
19902.80.4117.122 %8.18--
19912.72-0.07-2.64 %8.660.485.858 %
19922.930.217.647 %9.090.434.95 %
19932.68-0.25-8.486 %9.210.121.367 %
19941.77-0.91-34.085 %8.89-0.32-3.475 %
19952.120.3519.591 %9.440.556.166 %
19962.540.4220.071 %10.030.596.2 %
19972.32-0.22-8.579 %10.140.111.089 %
19981.95-0.37-16.069 %10.630.54.903 %
19992.350.4120.79 %10.51-0.13-1.204 %
20003.230.8737.08 %11.561.0510.013 %
20012.8-0.43-13.359 %12.270.716.14 %
20023.030.248.494 %13.030.766.207 %
20033.50.4715.472 %13.390.372.804 %
20044.661.1532.915 %14.230.846.259 %
20056.651.9942.797 %15.821.5811.134 %
20068.071.4221.388 %17.611.7911.316 %
20078.780.718.8 %16.89-0.72-4.084 %
200811.652.8732.645 %18.31.418.355 %
20099.72-1.93-16.537 %20.552.2612.326 %
201013.153.4335.226 %22.872.3211.267 %
201115.662.5119.067 %23.860.994.315 %
201217.692.0413.015 %28.724.8620.379 %
201317.960.271.502 %28.34-0.38-1.331 %
201417.92-0.04-0.219 %28.530.190.678 %
201512.43-5.48-30.607 %24.04-4.49-15.746 %
201610.93-1.5-12.091 %20.97-3.06-12.739 %
201711.830.98.262 %23.782.8113.394 %
201814.772.9424.838 %30.676.8828.948 %
201913.98-0.8-5.396 %32.131.464.751 %
202011.47-2.51-17.944 %27.45-4.68-14.564 %
202114.833.3629.271 %36.99.4634.459 %
202215.820.996.687 %40.123.218.71 %
202315.32-0.5-3.136 %42.352.245.574 %
202415.720.42.604 %44.52.145.06 %

Republic of the Congo Economic Phases (1960–2024)

Between 1960 to 2024, Republic of the Congo experienced the following economic phases:

  • High Growth (1961–1962) indicating robust economic expansion
  • High Growth (1964–1969) indicating robust economic expansion
  • High Growth (1971–1975) indicating robust economic expansion
  • High Growth (1978–1982) indicating robust economic expansion
  • High Growth (1989–1990) indicating robust economic expansion
  • High Growth (1995–1996) indicating robust economic expansion
  • High Growth (1999–2000) indicating robust economic expansion
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 2005 with an increase of 42.797%, while the largest decline was in 1994 at -34.085%.