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Analysis by Region - Emerging Markets - Congo

Publisher Oxford Economics
Published Mar 21, 2022
Length 6 Pages
SKU # OFE17050045

Description

Analysis by Region - Emerging Markets - Congo

The economy has benefitted from a strong rise in copper and cobalt prices, the country's two main export commodities. The increase in the prices of these commodities has benefitted the extractive sector, while a recovery in the non-extractive sector also helped to boost the DRC's economic performance in 2021. We expect these economic tailwinds to persist this year, although GDP growth is expected to ease to 3.5% in 2022.

Table of Contents

6 Pages
Democratic Republic of Congo (DRC): Earnings from extractive sector give a boost to growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
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