
Analysis by Region - Emerging Markets - Congo
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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.
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.
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