![]() Kinshasa, capital and economic center of the Democratic Republic of the Congo | |
Currency | Congolese Franc (CDF) |
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Calendar year | |
Trade organisations | AU, AfCFTA (signed), AfDB, SADC, COMESA, ECCAS, SADC, WTO, Group of 77 |
Country group | |
Statistics | |
Population | ![]() |
GDP | |
GDP rank | |
GDP growth |
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GDP per capita | |
GDP per capita rank | |
GDP by sector |
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5.0% (2020 est.)[4] | |
Population below poverty line | |
42.1 medium (2012)[8] | |
Labour force | |
Labour force by occupation | N/A |
Unemployment | 4.5% (2022) |
Main industries | mining (copper, cobalt, gold, diamonds, coltan, zinc, tin, tungsten), mineral processing, consumer products (including textiles, plastics, footwear, cigarettes, processed foods, beverages), metal products, lumber, cement, commercial ship repair |
External | |
Exports | ![]() |
Export goods | gold, diamonds, copper, cobalt, coltan, zinc, tin, tungsten, crude oil, wood products, coffee |
Main export partners |
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Imports | ![]() |
Import goods | machinery, transportation equipment, fuel, food |
Main import partners | |
Gross external debt | ![]() |
Public finances | |
Revenues | $4.943 billion (2018 est.) |
Expenses | $5.198 billion (2018 est.) |
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All values, unless otherwise stated, are in US dollars. |
The economy of the Democratic Republic of the Congo has declined drastically around the 1980s,[15] despite being home to vast potential in natural resources and mineral wealth; their gross domestic product is $69.474 billion as of 2023. During the last five reported years the exports of Democratic Republic of the Congo have changed by $15.2B from $13.3B in 2017 to $28.5B in 2022.
At the time of its independence in 1960, the Democratic Republic of the Congo was the second most industrialized country in Africa after South Africa. It boasted a thriving mining sector and its agriculture sector was relatively productive.[16] Since then, decades of corruption, war, and political instability have been a severe detriment to further growth, today leaving DRC with a GDP per capita and a HDI rating that rank among the world's lowest and make the DRC one of the most fragile and, according to the United Nations, least developed countries in the world.
Despite this the DRC is quickly modernizing; it tied with Malaysia for the largest positive change in HDI development in 2016. Government projects include strengthening the health system for maternal and child health, expansion of electricity access, water supply reconstructions, and urban and social rehabilitation programs.
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