Mongolia recorded a government debt equivalent to 55 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Mongolia averaged 58.61 percent from 1992 until 2018, reaching an all time high of 95.73 percent in 2003 and a record low of 20.62 percent in 1992. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Mongolia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Mongolia increased to 30677879.54 USD Thousand in the fourth quarter of 2019 from 29933778.93 USD Thousand in the third quarter of 2019. External Debt in Mongolia averaged 18298136.11 USD Thousand from 2009 until 2019, reaching an all time high of 30677879.54 USD Thousand in the fourth quarter of 2019 and a record low of 2110586.64 USD Thousand in the first quarter of 2009. This page provides - Mongolia External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Mongolia increased 0.60 percent in February of 2020 over the previous month. Industrial Production Mom in Mongolia averaged 1 percent from 2010 until 2020, reaching an all time high of 22.60 percent in June of 2013 and a record low of -17.20 percent in January of 2011. This page provides - Mongolia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Mongolia increased to 124.60 points in February from 123.20 points in January of 2020. Consumer Price Index Cpi in Mongolia averaged 96.10 points from 2011 until 2020, reaching an all time high of 124.60 points in February of 2020 and a record low of 64.80 points in January of 2011. This page provides the latest reported value for - Mongolia Consumer Price Index Cpi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Mongolia increased 5.20 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Mongolia averaged 8 percent from 2010 until 2020, reaching an all time high of 17.90 percent in July of 2014 and a record low of 0.10 percent in November of 2016. In Mongolia, the core inflation rate tracks changes in prices that Ulaanbaatar consumers pay for a basket of goods which excludes some volatile price items. This page provides - Mongolia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Mongolia increased 0.30 percent in February of 2020 over the same month in the previous year. Producer Prices Change in Mongolia averaged 16.95 percent from 2015 until 2020, reaching an all time high of 78.10 percent in January of 2017 and a record low of -23.80 percent in February of 2016. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Mongolia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Mongolia remained unchanged at 20 BBL/D/1K in December from 20 BBL/D/1K in November of 2019. Crude Oil Production in Mongolia averaged 6.55 BBL/D/1K from 1994 until 2019, reaching an all time high of 27.85 BBL/D/1K in December of 2015 and a record low of 0 BBL/D/1K in February of 1994. This page provides - Mongolia Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Mongolia decreased to 265.10 USD Million in March from 311.70 USD Million in February of 2020. Exports in Mongolia averaged 240.90 USD Million from 1997 until 2020, reaching an all time high of 815.60 USD Million in August of 2019 and a record low of 15.44 USD Million in January of 1999. Mongolia exports mineral products (copper, coal, molybdenum, tin, tungsten, and gold), natural or cultured stones, jewelry, textiles, animal origin products, hides and skins. Mongolia's main exports partner is China (80% of total exports). Others include: Canada and Russia. This page provides - Mongolia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Mongolia increased to 411.50 USD Million in March from 276.70 USD Million in February of 2020. Imports in Mongolia averaged 244.24 USD Million from 1997 until 2020, reaching an all time high of 748.75 USD Million in August of 2011 and a record low of 14.66 USD Million in January of 1999. Mongolia imports mainly mineral products, machinery, equipment, electric appliances, recorders,TV sets & spare parts, vehicles, food products and base metals. Mongolia's main import partners are Russia (22% of total) and China (26%). Others include Japan, USA and Germany. This page provides - Mongolia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Mongolia decreased 25.60 percent in March of 2020 over the same month in the previous year. Industrial Production in Mongolia averaged 9.45 percent from 1982 until 2020, reaching an all time high of 77.50 percent in July of 2010 and a record low of -27.70 percent in December of 1990. This page provides - Mongolia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Mongolia increased 0.70 percent in March of 2020 over the previous month. Inflation Rate Mom in Mongolia averaged 0.66 percent from 2009 until 2020, reaching an all time high of 3.20 percent in May of 2010 and a record low of -2.80 percent in July of 2010. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Mongolia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Mongolia was recorded at 6.40 percent in March of 2020. Inflation Rate in Mongolia averaged 9.69 percent from 2007 until 2020, reaching an all time high of 34.20 percent in August of 2008 and a record low of -0.20 percent in October of 2016. In Mongolia, the most important categories in the consumer price index are food and non-alcoholic beverages (39.7 percent of the total weight); clothing, footwear (15.3 percent) and housing, water, electricity, gas and other fuels (10.8 percent). The index also includes: transports (9.0 percent); furnishings, household equipment, and tools (5.6 percent); education (5.4 percent); recreation and culture (3.1 percent); communication (2.9 percent); alcoholic beverages and tobacco (2.8 percent); miscellaneous goods and services (2.7 percent); health (1.8 percent) and restaurants and hotels (1.0 percent). This page provides the latest reported value for - Mongolia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Mongolia stands at B with stable outlook. Moody's credit rating for Mongolia was last set at B3 with negative outlook. Fitch's credit rating for Mongolia was last reported at B with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mongolia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mongolia as reported by major credit rating agencies.

Mongolia recorded 42 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Mongolia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Mongolia Coronavirus Cases.

Mongolia did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Mongolia Coronavirus Deaths.

Mongolia recorded 13 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Mongolia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Mongolia Coronavirus Recovered.

Gross National Product in Mongolia increased to 28564174.70 MNT Million in 2018 from 23951371.70 MNT Million in 2017. Gross National Product in Mongolia averaged 7443843.24 MNT Million from 1991 until 2018, reaching an all time high of 28564174.70 MNT Million in 2018 and a record low of 12585.90 MNT Million in 1991. This page provides - Mongolia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans To Banks in Angola increased to 1103771 Million AOA in February from 1043654 Million AOA in January of 2020. Loans To Banks in Angola averaged 417668.89 Million AOA from 2011 until 2020, reaching an all time high of 1103771 Million AOA in February of 2020 and a record low of 145377.80 Million AOA in November of 2016. This page provides - Angola Loans To Banks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Angola scored 38.11 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Angola averaged 14.54 Points from 2011 until 2019, reaching an all time high of 38.11 Points in 2019 and a record low of 2.93 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Angola Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mongolia scored 52.61 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Mongolia averaged 15.04 Points from 2007 until 2019, reaching an all time high of 52.94 Points in 2017 and a record low of 3.43 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Mongolia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Living Wage Family in Angola remained unchanged at 149400 AOA/Month in 2018 from 149400 AOA/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

The Gross Domestic Product (GDP) in Angola contracted 0.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Angola averaged 4.35 percent from 2000 until 2019, reaching an all time high of 23.20 percent in the fourth quarter of 2007 and a record low of -11.80 percent in the fourth quarter of 2015. Angola is Africa’s second largest oil producer. As such, oil sector accounts for about 47 percent of total GDP, 98 percent of export earnings and 75 percent of government revenues. Within the non-oil sector the biggest share goes to: wholesale and retail sales (21 percent of total output), agriculture and fishery (10 percent), construction (7.7 percent) and manufacturing (6 percent). This page provides - Angola GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gdp Constant Prices in Angola increased to 400841 AOA Million in the fourth quarter of 2019 from 389138 AOA Million in the third quarter of 2019. Gdp Constant Prices in Angola averaged 378089.40 AOA Million from 2010 until 2019, reaching an all time high of 443991 AOA Million in the fourth quarter of 2014 and a record low of 305946 AOA Million in the first quarter of 2010. This page provides - Angola Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Mongolia stands at 11.50 percent. Social Security Rate For Employees in Mongolia averaged 10.31 percent from 2012 until 2019, reaching an all time high of 11.50 percent in 2019 and a record low of 10 percent in 2013. In Mongolia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Mongolia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mongolia Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Angola stands at 3 percent. In Angola, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Angola because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Angola Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Mongolia increased 0.30 percent in December of 2019 over the same month in the previous year. Manufacturing Production in Mongolia averaged 9.11 percent from 2010 until 2019, reaching an all time high of 51.50 percent in October of 2017 and a record low of -26.20 percent in February of 2016. This page provides - Mongolia Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Angola increased 14.90 percent in September of 2019 over the same month in the previous year. Manufacturing Production in Angola averaged 3.84 percent from 2011 until 2019, reaching an all time high of 34 percent in the first quarter of 2018 and a record low of -19.50 percent in the third quarter of 2016. This page provides - Angola Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Temperature in Republic of the Congo decreased to 24.92 celsius in December from 25.19 celsius in November of 2015. Temperature in Republic of the Congo averaged 24.65 celsius from 1901 until 2015, reaching an all time high of 26.98 celsius in March of 1941 and a record low of 22.29 celsius in July of 1976. This page includes a chart with historical data for Republic of the Congo Average Temperature.

Precipitation in Republic of the Congo decreased to 138.69 mm in December from 227.50 mm in November of 2015. Precipitation in Republic of the Congo averaged 134.21 mm from 1901 until 2015, reaching an all time high of 285.84 mm in March of 1933 and a record low of 12.84 mm in July of 1958. This page includes a chart with historical data for Republic of the Congo Average Precipitation.

Republic of the Congo recorded a Current Account deficit of 531 CFA Franc Billion in 2014. Current Account in Republic of the Congo averaged -318.29 CFA Franc Billion from 1998 until 2014, reaching an all time high of 584.91 CFA Franc Billion in 2006 and a record low of -2162 CFA Franc Billion in 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Republic of the Congo Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Republic Of The Congo decreased to 273 USD Million in 2018 from 372 USD Million in 2017. Military Expenditure in Republic Of The Congo averaged 170.71 USD Million from 1970 until 2018, reaching an all time high of 635 USD Million in 2014 and a record low of 43 USD Million in 1972.

The Social Security Rate For Employees in Republic of the Congo stands at 4 percent. Social Security Rate For Employees in Republic of the Congo averaged 3.90 percent from 2004 until 2019, reaching an all time high of 4 percent in 2005 and a record low of 2.40 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo is ranked 180 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Republic of the Congo remained unchanged at 180 in 2019 from 180 in 2018. Ease of Doing Business in Republic of the Congo averaged 179.67 from 2008 until 2019, reaching an all time high of 186 in 2012 and a record low of 174 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Republic of the Congo.

Terrorism Index in Republic of the Congo decreased to 2.69 in 2018 from 3.37 in 2017. Terrorism Index in Republic of the Congo averaged 1.60 from 2002 until 2018, reaching an all time high of 4.04 in 2016 and a record low of 0 in 2008. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Republic of the Congo was last recorded at 2651.70 US dollars in 2018. The GDP per Capita in Republic of the Congo is equivalent to 21 percent of the world's average. GDP per capita in Republic of the Congo averaged 2388.36 USD from 1960 until 2018, reaching an all time high of 3409.70 USD in 1984 and a record low of 1456.60 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Republic of the Congo GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo scored 18 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Republic of the Congo averaged 21.41 Points from 2003 until 2019, reaching an all time high of 26 Points in 2012 and a record low of 18 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Republic of the Congo Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo is the 168 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Republic of the Congo averaged 148.59 from 2003 until 2019, reaching an all time high of 168 in 2019 and a record low of 113 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Republic of the Congo Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Republic of the Congo stands at 30 percent. Corporate Tax Rate in Republic of the Congo averaged 34.35 percent from 2004 until 2020, reaching an all time high of 38 percent in 2005 and a record low of 30 percent in 2015. In Republic Of The Congo, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Republic of the Congo increased to 10034000000 Thousand USD in 2018 from 6078000000 Thousand USD in 2017. Exports in Republic of the Congo averaged 2416661016.95 Thousand USD from 1960 until 2018, reaching an all time high of 11851000000 Thousand USD in 2011 and a record low of 18000000 Thousand USD in 1960. Republic of Congo main exports are oil (89 percent of total exports) followed by diamonds (4 percent) and timber (3 percent). Republic of Congo’s main export partners are China (26 percent of total exports) and United States (15 percent). Others include: France (11 percent), Angola (10 percent), Taiwan, India and Gabon. This page provides - Republic of the Congo Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a trade surplus of 6564 USD Billion in 2018. Balance of Trade in Republic of the Congo averaged 1114.08 USD Billion from 1960 until 2018, reaching an all time high of 6844 USD Billion in 2011 and a record low of -1109 USD Billion in 2015. Republic of Congo has one of the largest oil reserves in sub-Saharan Africa. As a result, the country runs consistent trade surpluses. Republic of Congo also exports diamonds and timber. Main imports are: foodstuffs, machinery and clothing. Main trading partners are United States, Angola and France. This page provides - Republic of the Congo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Republic of the Congo decreased to 3470000000 Thousand USD in 2018 from 3745000000 Thousand USD in 2017. Imports in Republic of the Congo averaged 1302576271.19 Thousand USD from 1960 until 2018, reaching an all time high of 6883000000 Thousand USD in 2014 and a record low of 59000000 Thousand USD in 1970. Republic of Congo main imports are: foodstuffs, fuel, textiles and machinery. Republic of Congo main import partners are: Angola (15 percent of total imports), France (13 percent) and Singapore (10 percent). Others include: Ivory Coast, Gabon, United Kingdom and United States. This page provides - Republic of the Congo Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Republic of the Congo remained unchanged at 10.40 percent in 2019 from 10.40 percent in 2018. Unemployment Rate in Republic of the Congo averaged 16.39 percent from 1991 until 2019, reaching an all time high of 20.60 percent in 1998 and a record low of 9.60 percent in 2014. In Republic of the Congo, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Republic of the Congo Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Republic of the Congo was worth 9.20 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Republic of the Congo represents 0.01 percent of the world economy. GDP in Republic of the Congo averaged 3.82 USD Billion from 1960 until 2019, reaching an all time high of 14.43 USD Billion in 2011 and a record low of 0.13 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Republic of the Congo GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Republic of the Congo was estimated at 5.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Republic of the Congo had a population of 1.0 million people. The population of Republic of the Congo represents 0.06 percent of the world´s total population which arguably means that one person in every 1684 people on the planet is a resident of Republic of the Congo. This page provides - Republic of the Congo Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Republic of the Congo was recorded at 1.10 percent in May of 2018. Inflation Rate in Republic of the Congo averaged 3.34 percent from 1994 until 2018, reaching an all time high of 42.40 percent in December of 1994 and a record low of -9.34 percent in January of 2001. In Republic of the Congo, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Republic of the Congo Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a government debt equivalent to 15.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Republic of the Congo averaged 117.60 percent from 1990 until 2018, reaching an all time high of 270.18 percent in 1994 and a record low of 15.70 percent in 2018. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Republic of the Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Republic of the Congo decreased to 310 BBL/D/1K in December from 320 BBL/D/1K in November of 2019. Crude Oil Production in Republic of the Congo averaged 260.59 BBL/D/1K from 1994 until 2019, reaching an all time high of 370 BBL/D/1K in January of 2018 and a record low of 153 BBL/D/1K in March of 1996. This page provides the latest reported value for - Republic Of The Congo Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Republic of the Congo expanded 2.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.04 percent from 1961 until 2019, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977. The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a Government Budget deficit equal to 5.10 percent of the country's Gross Domestic Product in 2017. Government Budget in Republic of the Congo averaged -2.99 percent of GDP from 1990 until 2017, reaching an all time high of 1.20 percent of GDP in 2002 and a record low of -14.37 percent of GDP in 1991. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Republic of the Congo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Republic of the Congo stands at B- with negative outlook. Moody's credit rating for Republic of the Congo was last set at Caa2 with stable outlook. Fitch's credit rating for Republic of the Congo was last reported at CCC with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Republic of the Congo thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Republic of the Congo as reported by major credit rating agencies.