Republic of the Congo

Republic of the Congo

French Central African CFA (XAF) French civil law
AU, ECCAS, CEMAC, AfCFTA, OPEC, WTO
The Republic of Congo (Congo-Brazzaville) is a significant oil producer, with hydrocarbons accounting for over 80% of government revenue and exports. TotalEnergies, ENI, and Chevron operate major fields. The economy also depends on forestry (second-largest tropical forest in Africa), mining (potash, iron ore potential), and agriculture. The Pointe-Noire port is the country's economic hub and oil industry base. Challenges include heavy oil dependence, limited economic diversification, governance concerns, and infrastructure needs. The country's forest resources and potential in mining (iron ore at Mayoko-Moussondji) offer diversification opportunities.

Snapshot

Population~6.5 MWorld Bank WDI
GDP (current USD)$15.7 BIMF WEO
GDP per Capita$2,450IMF WEO
GDP Growth3.00%IMF WEO
Inflation (y/y)~3.00%Central Bank / IMF
Policy Rate5.00%Central Bank
Internet Use~22.00%World Bank WDI
Electrification~50.00%World Bank WDI
CPI Score (Rank)21.0/100 (#158)Transparency Intl
HDI (Rank)0.571 (#153)UNDP HDR

Focus Sectors

Oil & Gas
Forestry
Mining (potash
iron ore)
Agriculture
Telecoms
Construction
Port Services (Pointe-Noire)

Regulations & Taxes

Corporate Income Tax28% standard (oil: 30%)
VAT / Sales Tax18.9% standard
Data Notes: Population, GDP, and GDP per capita are latest IMF WEO / World Bank estimates. Inflation is year-over-year. Trade data from UN Comtrade/OEC (2023). Tax rates from PwC/KPMG country guides. CPI from Transparency International. HDI from UNDP Human Development Report.
Narrative last updated: April 8, 2026.