Nominal GDP $14.407B, Per capita GDP $2,857.61, Population 6,106,869, Debt to GDP 13.3% Inflation 16.8%, Unemployment 21.6%, Labor force participation rate men 69% women 62.7% Land area 875,313 sq miles, Arable land sufficient, Exports $12.4B Imports $3.76B Trade Surplus $8.64B.
The top exports of Republic of the Congo are Crude Petroleum ($8.19B), Refined Copper ($3.23B), Rough Wood ($218M), Sawn Wood ($144M), and Tin Ores ($122M), exporting mostly to China ($4.82B), India ($2.44B), United Arab Emirates ($1.87B), Italy ($589M), and Vietnam ($537M).
The top imports of Republic of the Congo are Poultry Meat ($194M), Vaccines, blood, antisera, toxins and cultures ($144M), Wheat ($117M), Refined Petroleum ($93.6M), and Palm Oil ($82.5M), importing mostly from China ($976M), France ($339M), United Arab Emirates ($230M), Belgium ($209M), and India ($179M).
https://oec.world/en/profile/country/cog
The Republic of Congo remains in debt distress due to the ongoing restructuring and audit of domestic arrears as well as the recurrent accumulation of temporary external arrears. GDP is expected to grow at a rate of 3.5% in 2024 and 3.4% on average in 2025-2026.
Norb Leahy, Dunwoody GA Tea Party Leader
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