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CONGO (DEMOCRATIC REP OF)
Little progress is expected on reducing extensive poverty
D4
HIGH RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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| GDP | USD49,87 bn (World Ranking 87, World Bank 2020) |
| Population | 89.5mn (World Ranking 16, World Bank 2020) |
| Form of state | Semi-presidential republic |
| Head of state | Félix Tshisekedi (President) |
| Next elections |
2026, presidential & legislative |
- Extensive natural resource base, including copper, cobalt, gold, diamonds, oil, forestry products and hydroelectric power potential (the Inga III dam project, with support from the World Bank, could boost power supply in the longer term).
- Attempts to maintain domestic and regional stability are assisted by the presence of a large UN mission force.
- The government in Kinshasa in the west has limited control over other parts of the country, particularly in the east where there is armed conflict involving local rebel forces and militias from neighbouring countries.
- Difficult relations with neighbours, particularly Rwanda
- The key mining sector is subject to contractual uncertainty and state intervention and output is vulnerable to security risks.
- Current account deficits.
- Infrastructure in Africa’s second largest country is weak, increasing supply chain costs.
- Very weak structural business environment.
Trade structure by destination/origin
(% of total, 2020)
| Exports | Rank | Imports |
|---|---|---|
|
China
48.9%
|
1 |
26.5%
China
|
|
United Arab Emirates
6.2%
|
2 |
10.1%
South Africa
|
|
Singapore
5.6%
|
3 |
9.3%
Zambia
|
|
United Republic of Tanzania
5.5%
|
4 |
8.8%
United Sates
|
|
Peru
4.9%
|
5 |
4.9%
India
|
Trade structure by product
(% of total), 2020
| Exports | Rank | Imports |
|---|---|---|
|
Non-ferrous metals
66.5%
|
1 |
7.7%
Miscellaneous manufactured articles, n.e.s.
|
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Inorganic chemicals
11.4%
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2 |
6.3%
Road vehicles
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Metalliferous ores and metal scrap
9.4%
|
3 |
5.9%
Other industrial machinery and parts
|
|
Electrical machinery, apparatus and appliances, n.e.s.
3.9%
|
4 |
5.6%
Specialised machinery
|
|
Petroleum, petroleum products and related materials
2.8%
|
5 |
4.9%
Manufactures of metal, n.e.s.
|
LATEST NEWS ABOUT CONGO
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Global trade: Battling out of demand and price shocks
25 March
The invasion of Ukraine and renewed Covid-19 outbreaks in China are hitting global trade with a double whammy in 2022: lower volumes and higher prices.
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Economic Outlook: Energy, trade and financial shockwaves
18 March
The Russian invasion of Ukraine has brought back significant headwinds to the global economic recovery and raised wider geopolitical risks.
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Social Risk Index: Leave the door open for development
15 December
Advanced Economies are generally less vulnerable to systemic social risk than Emerging Markets, and the gap between the two has widened during the pandemic.
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