Congo, Democratic Republic of the

Description of Congo, Democratic Republic of the

As a geopolitical and macroeconomic analyst, I provide valuable insights into the intricate interplay between macroeconomic statistics and the development trajectory of nations. The Democratic Republic of the Congo, a country endowed with vast natural resources and a complex historical background, presents a compelling case study for understanding the challenges and opportunities faced by developing nations in the African continent. By delving into key economic indicators, geopolitical dynamics, and historical context, we can unravel the multifaceted landscape that shapes the present and future of the Democratic Republic of the Congo.

Population And Age Structure

Population, total: The focus country's total population of 92,853,164 is significantly above the average population of 40,097,746. Interestingly, the country ranks 16th out of 194 countries in this metric.

Population ages 0-14 (% of total population): With 46.49% of the population belonging to this age group, the focus country exceeds the average of 27.34%. It ranks 7th out of 194 countries.

Population ages 0-14, total: The focus country has 43,171,085 individuals in this age group, well above the average of 10,327,380. This places the country at 10th out of 194 in this category.

Population ages 15-64 (% of total population): The country's 50.51% falls below the average of 63.44%. This results in a rank of 189th out of 194 countries.

Population ages 15-64, total: With 46,895,823 individuals falling in this age range, the focus country surpasses the average of 26,003,407. It holds the 20th rank out of 194 countries.

Population ages 65 and above (% of total population): At 3.00%, the focus country's older population percentage is below the average of 9.22%. This places the country at the 168th rank out of 194.

Population ages 65 and above, total: The total of 2,786,255 individuals aged 65 and above is less than the average of 3,766,959. The focus country ranks 36th out of 194 in this category.

Summary

The focus country has a relatively large total population, with a significant percentage in the 0-14 age group and a lower percentage in the 15-64 age group compared to the global average. This demographic distribution can have implications for the country's workforce, education, healthcare, and social welfare systems, as it may need to cater to a larger youth population and potentially support an aging population with fewer individuals in the working-age group.

Population Miscellaneous

1. The Rural Population of Congo, Democratic Republic of is 50,476,837, which is significantly higher than the average rural population of 18,044,041. The country ranks 12th out of 190 countries in this category.

2. The Rural Population (% of Total Population) in Congo, Democratic Republic of is 54.362%, above the average of 41.158%. It ranks 59th out of 190 countries.

3. The Urban Population of Congo, Democratic Republic of is 42,376,327, much higher than the average urban population of 22,425,747. The country ranks 19th out of 194 countries in urban population.

4. The Urban Population (% of Total Population) in Congo, Democratic Republic of is 45.638%, below the average of 59.691%. It ranks 136th out of 194 countries.

5. The Age Dependency Ratio (% of Working-Age Population) for Congo, Democratic Republic of is 97.999%, significantly higher than the average of 59.219%. The country ranks 6th out of 194 countries.

6. Congo, Democratic Republic of has a Crude Birth Rate of 42.311 per 1,000 people, much higher than the average of 19.384. The country ranks 4th out of 192 countries in this category.

7. The Crude Death Rate in Congo, Democratic Republic of is 9.537 per 1,000 people, slightly above the average of 8.214. The country ranks 49th out of 192 countries.

8. The Total Fertility Rate for Congo, Democratic Republic of is 6.206 births per woman, well above the average of 2.603. The country ranks 4th out of 190 countries in this metric.

Summary

The Democratic Republic of Congo has a predominantly rural population, with a high rural population percentage compared to the global average. Additionally, the country has a high dependency ratio and fertility rate, indicating a significant strain on the working-age population and healthcare system. These indicators point to challenges in economic development, healthcare provision, and future workforce sustainability for the country.

Military

- The Military expenditure (current USD) for Congo, Democratic Republic of the is $362,091,615.54. This value is significantly below the average of $12,904,993,617.17. The country is ranked 95th out of 149 countries in this attribute.

- In terms of Military expenditure (% of GDP), Congo, Democratic Republic of the allocates 0.74% of its GDP. This figure is well below the average of 1.90%. The country is ranked 128th out of 148 countries in this aspect.

- The Arms imports (SIPRI trend indicator values) for Congo, Democratic Republic of the is $6,000,000. This amount is considerably below the average of $205,522,123.89. The country is ranked 92nd out of 113 countries in this criteria.

- Congo, Democratic Republic of the has a total of 134,000 Armed forces personnel, which is lower than the average of 165,908 individuals. The country is ranked 46th out of 164 countries in terms of total personnel.

- The Armed forces personnel (% of total labor force) in Congo, Democratic Republic of the is 0.41%. This percentage is significantly below the average of 1.28%. The country is ranked 124th out of 164 countries in this metric.

Summary

The analysis of key macroeconomic indicators for Congo, Democratic Republic reveals that the country allocates significantly less of its GDP towards military expenditure compared to the global average. This, coupled with lower levels of arms imports and armed forces personnel, indicates a relatively lower level of military readiness and defense capability. These indicators are crucial as they highlight potential challenges in ensuring national security and defense in the face of regional or global threats.

Natural Resources

1. The Forest area in Congo, Democratic Republic of is 1,261,552.4 sq. km. This is significantly above the average forest area of 211,606.11 sq. km, ranking 7th out of 191 countries in the dataset.

2. The Land area in Congo, Democratic Republic of is 2,267,050 sq. km, which is well above the average land area of 665,166.51 sq. km. This places the country at the 11th position out of 194 countries in the dataset.

3. Congo, Democratic Republic of has a Surface area of 2,344,860 sq. km, also above the average of 689,779.56 sq. km, ranking 11th out of 194 countries.

4. The country's Arable land spans 13,680,000 hectares, surpassing the average of 7,329,543.16 hectares. Congo, Democratic Republic of ranks 22nd out of 190 countries in this attribute.

5. Congo, Democratic Republic of has 4,238,642 hectares of Land under cereal production, slightly above the average of 4,206,011.63 hectares. The country ranks 33rd out of 174 countries in this aspect.

6. The Average precipitation in depth in Congo, Democratic Republic of is 1,543 mm per year, higher than the average of 1,157.83 mm per year. The country ranks 53rd out of 178 countries in this category.

7. The Renewable internal freshwater resources in the country total 900 billion cubic meters, well above the average of 240.41 billion cubic meters. Congo, Democratic Republic of ranks 11th out of 178 countries in this attribute.

Summary

Congo, Democratic Republic of stands out in key macroeconomic indicators such as forest area, land area, arable land, and renewable freshwater resources, ranking significantly above global averages in each category. These indicators are crucial as they highlight the country's abundant natural resources and potential for agricultural development, which can be leveraged for sustainable economic growth and environmental conservation.

Resource Rents

1. Total natural resources rents (% of GDP): The Democratic Republic of the Congo has a total natural resources rent of 15.93% of GDP, significantly above the average of 4.63%. This places the country at rank 14 out of 175 countries.

2. Forest rents (% of GDP): The country has forest rents accounting for 9.93% of GDP, much higher than the average of 1.53%. This ranks the Democratic Republic of the Congo at 6 out of 174 countries.

3. Oil rents (% of GDP): With oil rents at 0.36% of GDP, the country is below the average of 2.51%. The Democratic Republic of the Congo ranks 48 out of 117 countries for this attribute.

4. Mineral rents (% of GDP): The nation exhibits a mineral rent of 5.63% of GDP, surpassing the average of 1.23%. This places the Democratic Republic of the Congo at rank 6 out of 86 countries.

Summary

The Democratic Republic of the Congo stands out for its significant natural resource rents, including forest, oil, and mineral rents, each exceeding global averages and ranking relatively high among countries. These indicators underscore the country's abundance of natural resources and its potential for economic development through sustainable resource management, investments, and strategic partnerships.

Commodities

In terms of Cereal production, Congo, Democratic Republic of the falls below the average with a value of 3,720,568.5 metric tons, ranking 69 out of 174 countries.

For Aquaculture production, the country's value of 4,690 metric tons is significantly lower than the average, placing it at rank 95 out of 180 countries.

When it comes to Capture fisheries production, the country's value of 217,750 metric tons is below the average, ranking at 50 out of 190 countries.

In Total fisheries production, Congo, Democratic Republic of the is below the average with 222,440 metric tons, ranking 56 out of 182 countries.

Lastly, in terms of Fertilizer consumption (kilograms per hectare of arable land), the country's value of 2.09 is significantly below the average, placing it at rank 176 out of 187 countries.

Summary

The analysis of key macroeconomic indicators for Congo, Democratic Republic of the reveals that the country falls below average in terms of cereal production, aquaculture production, capture fisheries production, total fisheries production, and fertilizer consumption. These indicators are crucial as they reflect the country's agricultural productivity and its ability to sustain its population, highlighting areas where improvements and investments may be needed to enhance economic growth and food security.

Intellectual Property

Analysis of key stats for Congo, Democratic Republic of the:

Summary

In analyzing key statistics for Congo, Democratic Republic of the, it is evident that the country lags behind global averages in terms of patent and trademark applications by both residents and nonresidents. Additionally, the number of scientific and technical journal articles published by the country is well below the global average. These indicators are crucial as they reflect the level of innovation, research, and intellectual property activity within the country, highlighting areas that may require further development and investment to boost competitiveness and economic growth.

Broad Economy Attributes

GDP (current US$): The focus country's GDP is $48,716,961,860.13, which is below the average GDP of $442,870,224,838.68. The focus country ranks 83 out of 189 countries in this attribute.

GDP, PPP (current international $): The focus country's GDP, PPP is $102,375,582,577.58, significantly lower than the average GDP, PPP of $734,141,122,350.78. The focus country is ranked 88 out of 181 countries in this attribute.

GDP per capita (current US$): The focus country's GDP per capita is $524.67, well below the average GDP per capita of $15,462.11. The focus country ranks 184 out of 190 countries in this attribute.

GDP per capita, PPP (current international $): The focus country's GDP per capita, PPP is $1,102.55, far lower than the average of $21,251.89. The focus country is ranked 179 out of 181 countries in this attribute.

GNI (current US$): The focus country's GNI is $47,449,011,448.66, below the average GNI of $452,040,815,370.70. The focus country ranks 83 out of 185 countries in this attribute.

GNI, PPP (current international $): The focus country's GNI, PPP is $99,711,065,803.58, significantly lower than the average GNI, PPP of $730,698,223,823.47. The focus country is ranked 88 out of 181 countries in this attribute.

GNI per capita, PPP (current international $): The focus country's GNI per capita, PPP is $1,070, below the average of $20,615.75. The focus country ranks 179 out of 181 countries in this attribute.

Summary

The focus country demonstrates lower-than-average values across key macroeconomic indicators such as GDP, GDP per capita, and GNI, both in absolute terms and in purchasing power parity (PPP) terms. These rankings signal relatively weaker economic performance compared to other countries on a global scale.

These findings are crucial as they highlight the focus country's economic standing and development level relative to its peers. They can serve as a benchmark for policymakers, investors, and international organizations to gauge the country's economic health, identify areas for improvement, and make informed decisions regarding economic policies, investments, and development assistance.

Broad Value Added

The Gross value added at basic prices (GVA) for Congo, Democratic Republic of the is $47,171,206,577.07, ranking 79th out of 176 countries. This is below the attribute average of $360,070,943,595.12.

Agriculture, forestry, and fishing value added as a percentage of GDP in Congo, Democratic Republic of the is 20.88%, placing it at 33rd out of 182 countries. This value is above the average of 10.86%.

Agriculture, forestry, and fishing value added in current US dollars for Congo, Democratic Republic of the is $10,173,767,212.99, ranking 47th out of 182 countries. This figure falls below the average of $19,924,732,828.07.

Services value added as a percentage of GDP in Congo, Democratic Republic of the is 35.71%, placing it at 177th out of 183 countries. This is below the average of 56.72%.

Services value added in current US dollars for Congo, Democratic Republic of the is $17,395,678,770.28, ranking 97th out of 183 countries. This value is below the average of $295,837,711,130.69.

Industry value added, including construction, in current US dollars for Congo, Democratic Republic of the is $20,078,011,789.10, ranking 69th out of 183 countries. This is below the average of $118,421,095,413.50.

Summary

Looking at key macroeconomic indicators for Congo, Democratic Republic of the, we see that while the country ranks below average in terms of Gross value added and Services value added, it performs relatively better in Agriculture, forestry, and fishing value added. The country's economy heavily relies on agriculture as it ranks higher in both value added as a percentage of GDP and in current US dollars compared to other sectors. This indicates the importance of the agricultural sector in driving economic activity and livelihoods in the country.

Manufacturing Value Added

Manufacturing, value added (current US$): Congo, Democratic Republic of the has a manufacturing value added of approximately 9.25 billion USD. This is significantly below the attribute average of approximately 76.21 billion USD. The country ranks 67th out of 173 countries in this category.

Manufacturing, value added (% of GDP): Congo, Democratic Republic of the has a manufacturing value added equal to 18.99% of its GDP. This is notably above the attribute average of 11.90%. The country holds the 23rd position out of 173 countries in this aspect.

Summary

In terms of manufacturing value added in current US dollars, Congo, Democratic Republic lags behind the global average significantly, ranking 67th out of 173 countries. However, when considering manufacturing value added as a percentage of GDP, the country outperforms with a higher percentage compared to the global average, securing the 23rd position globally.

These indicators are important as they reflect the country's industrial output relative to its economic size. A low absolute manufacturing value added suggests room for growth and industrial development, while a high percentage of manufacturing value added to GDP indicates a relatively strong industrial sector within the economy.

Money

1. Inflation, GDP deflator (annual %): The focus country, Congo, Democratic Republic of the, has an inflation rate of 3.90%, which is below the average of 6.90% among 188 countries. It ranks 64th out of the 188 countries in terms of inflation rate.

Summary

The focus country, Congo, Democratic Republic of the, has a relatively low inflation rate of 3.90%, ranking 64th out of 188 countries. This indicates that Congo, Democratic Republic of the, has stable prices compared to other countries, which can attract investments, encourage consumer spending, and promote overall economic growth.

Consumption Expenditure

Final consumption expenditure (current US$) in Congo, Democratic Republic of the is $37,355,958,490.383, which is significantly below the average of $381,630,252,515.3805. The country ranks 80 out of 159 countries in this attribute.

Final consumption expenditure (% of GDP) for Congo, Democratic Republic of the is 76.68%, slightly below the average of 82.37%. The country is ranked 99 out of 159 countries based on this metric.

General government final consumption expenditure (current US$) in Congo, Democratic Republic of the is $3,690,620,790.42842, significantly lower than the average of $93,676,578,238.03342. The country ranks 96 out of 158 countries in this measure.

The general government final consumption expenditure (% of GDP) for Congo, Democratic Republic of the is 7.58%, well below the average of 18.71%. This places the country at rank 152 out of 158 countries for this indicator.

Household and NPISHs final consumption expenditure (current US$) in Congo, Democratic Republic of the is $33,665,337,699.9546, which is notably lower than the average of $290,127,571,157.693. The country ranks 73 out of 158 countries in this category.

Households and NPISHs final consumption expenditure (% of GDP) for Congo, Democratic Republic of the is 69.10%, above the average of 63.68%. This places the country at rank 60 out of 158 countries in this metric.

Summary

Congo, Democratic Republic's final consumption expenditure, both in total and broken down by government and households, falls below global averages. This indicates a lower level of overall economic activity and development compared to the rest of the world. The country's rankings in these metrics suggest a need for increased government spending and household consumption to stimulate economic growth and improve living standards for its population.

Investment

Foreign direct investment, net (BoP, current US$): The focus country's value of -1498084807.8648 is above the attribute average of -1615235980.5053596. Congo, Democratic Republic of ranks 122 out of 169 countries in this dataset.

Foreign direct investment, net inflows (BoP, current US$): The focus country's value of 1498084807.8648 is below the attribute average of 5749271080.145696. Congo, Democratic Republic of ranks 61 out of 182 countries in this dataset.

Foreign direct investment, net inflows (% of GDP): The focus country's value of 3.07507847506139 is above the attribute average of 2.609379547494923. Congo, Democratic Republic of ranks 61 out of 178 countries in this dataset.

Foreign direct investment, net outflows (BoP, current US$): The focus country's value of 148836248.4 is below the attribute average of 5707991116.068991. Congo, Democratic Republic of ranks 64 out of 156 countries in this dataset.

Foreign direct investment, net outflows (% of GDP): The focus country's value of 0.305512172182067 is below the attribute average of 1.00435052368164. Congo, Democratic Republic of ranks 68 out of 155 countries in this dataset.

Portfolio Investment, net (BoP, current US$): The focus country's value of 39445152.7060758 is below the attribute average of 679559169.5717607. Congo, Democratic Republic of ranks 68 out of 159 countries in this dataset.

Portfolio equity, net inflows (BoP, current US$): The focus country's value of -5576996.3 is below the attribute average of 9197145994.702154. Congo, Democratic Republic of ranks 76 out of 125 countries in this dataset.

Summary

The Democratic Republic of the Congo exhibits mixed performance in key macroeconomic indicators related to foreign direct investment and portfolio investment. While the country ranks relatively high in terms of Foreign Direct Investment as a percentage of GDP, it lags behind in actual inflows and outflows of FDI and portfolio investments in comparison to the global average. This indicates a potential imbalance in investment activities within the country, with more emphasis on FDI relative to portfolio investments, which are important for diversifying investment channels and promoting long-term economic growth and stability.

Debt

Total debt service (% of GNI): The focus country's value is significantly lower than the average, ranking 111 out of 120 countries.

Public and publicly guaranteed debt service (% of GNI): The focus country's value is below the average, ranking 108 out of 120 countries.

External debt stocks (% of GNI): The focus country's value is well below the average, ranking 114 out of 120 countries.

Debt service on external debt, total (TDS, current US$): The focus country's value is notably lower than the average, ranking 83 out of 123 countries.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): The focus country's value is below the average, ranking 77 out of 123 countries.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): The focus country's value is significantly below the average, ranking 68 out of 123 countries.

External debt stocks, total (DOD, current US$): The focus country's value is considerably below the average, ranking 78 out of 123 countries.

Summary

The focus country shows a consistent pattern of having lower debt service ratios and external debt stocks compared to the average of the countries analyzed, positioning it towards the lower end in global rankings. This indicates a relatively healthier fiscal position with less financial burden in terms of debt repayment obligations, which can enhance the country's economic stability and resilience to external shocks.

Broad Trade Attributes

Trade (% of GDP): Congo, Democratic Republic of the has a trade percentage of 58.49% of its GDP, which is below the average of 82.34%. It ranks 104 out of 163 countries in this attribute.

Merchandise trade (% of GDP): The country's percentage of merchandise trade to GDP is 42.66%, lower than the average of 60.01%. It ranks 121 out of 186 countries in this aspect.

Trade in services (% of GDP): The trade in services accounts for 5.82% of Congo, Democratic Republic of the's GDP, well below the average of 24.63%. It ranks 156 out of 171 countries in this category.

External balance on goods and services (current US$): The country shows a deficit of -624,480,458.52 USD in its external balance on goods and services, significantly below the average of 3,405,509,011.13 USD. It ranks 95 out of 163 countries in this measure.

External balance on goods and services (% of GDP): With an external balance percentage of -1.28% of its GDP, Congo, Democratic Republic of the is below the average of -5.97%. It ranks 73 out of 163 countries in this statistic.

Summary

In summary, Congo, Democratic Republic of the shows a below-average performance in key macroeconomic indicators related to trade, merchandise trade, trade in services, and external balance on goods and services. These indicators reflect a vulnerability in the country's trade sector, with low levels of trade diversification and reliance on imported goods and services. This highlights the importance of implementing policies to boost export competitiveness, enhance trade diversification, and improve the overall balance of trade to drive economic growth and stability.

Net Trade

1. Current account balance (BoP, current US$): The focus country's value is -1052131625.77, which is below the average of 1443864831.49. The country ranks 113 out of 170 countries in this attribute.

2. Current account balance (% of GDP): The focus country's value is -2.16%, slightly below the average of -2.36%. It ranks 96 out of 170 countries in this attribute data.

3. Net trade in goods and services (BoP, current US$): The focus country's value is -624339925.79, significantly below the average of 2604730003.57. It ranks 97 out of 171 countries.

4. Net primary income (BoP, current US$): The focus country's value is -1267691659.17, lower than the average of -903807529.74. It ranks 112 out of 170 countries.

5. Net secondary income (BoP, current US$): The focus country's value is 839899959.20, notably above the average of -269227340.40. It ranks 62 out of 170 countries.

6. Net trade in goods (BoP, current US$): The focus country's value is 1923441762.62, above the average of 1302831005.68. It ranks 47 out of 171 countries in this attribute.

7. Net capital account (BoP, current US$): The focus country's value is 626528916.68, considerably above the average of 136543824.05. It ranks 22 out of 159 countries.

8. Net financial account (BoP, current US$): The focus country's value is -233486225.87, higher than the average of -469840994.63. It ranks 90 out of 170 countries in this attribute data.

Summary

The focus country displays a negative current account balance in both absolute terms and as a percentage of GDP, ranking moderately compared to other countries. It also shows a significantly negative net trade in goods and services, primarily driven by a substantial negative net primary income. However, the country performs well in terms of net secondary income, net trade in goods, net capital account, and net financial account, ranking above average in these categories. These indicators are crucial as they reflect the country's economic relationship with the rest of the world, highlighting areas of strength and weakness in its trade and financial activities.

Broad Export Attributes

Analysis of key export attributes for Congo, Democratic Republic of the:

1. Exports of goods, services, and primary income (BoP, current US$): Congo's value of $14,125,330,145.42 is significantly below the average of $146,238,908,936.30, ranking 81 out of 170 countries.

2. Exports of goods and services (BoP, current US$): Congo's value of $13,932,327,296.90 is below the average of $122,938,540,059.78, ranking 80 out of 170 countries.

3. Exports of goods and services (current US$): Congo's value of $13,935,463,325.19 is below the average of $129,596,864,610.19, ranking 80 out of 163 countries.

4. Exports of goods and services (% of GDP): Congo's value of 28.60% is below the average of 38.19%, ranking 89 out of 163 countries.

5. Goods exports (BoP, current US$): Congo's value of $13,788,701,762.62 is below the average of $93,310,581,697.39, ranking 72 out of 171 countries.

6. ICT goods exports (% of total goods exports): Congo's value of 0.0075% is significantly below the average of 3.81%, ranking 141 out of 142 countries.

Summary

In summary, Congo, Democratic Republic of the has below-average exports across various categories when compared to a global average, placing it in the lower ranks globally. The country's exports of goods, services, and primary income, as well as goods exports, are notably lower than the average. Additionally, Congo's export of ICT goods as a percentage of total goods exports is extremely low, ranking poorly worldwide. These indicators are crucial as they highlight Congo's limited integration into global trade networks and its potential challenges in diversifying its economy and increasing competitiveness in the international market.

Merchandise Exports

The Merchandise exports of Congo, Democratic Republic of the is $14,122,000,000, which is below the average of $89,542,711,229.95. Congo ranks 74 out of 187 countries in this attribute.

Agricultural raw materials exports account for 0.61% of Congo's merchandise exports, significantly below the average of 2.97%. Congo ranks 105 out of 151 countries in this category.

Food exports represent 0.84% of Congo's merchandise exports, much lower than the average of 24.06%. Congo ranks 145 out of 152 countries in this aspect.

Fuel exports account for only 0.0016% of Congo's merchandise exports, far below the average of 13.70%. Congo ranks 142 out of 147 countries in this regard.

Ores and metals exports make up 74.15% of Congo's merchandise exports, a substantial difference from the average of 9.10%. Congo ranks 2 out of 152 countries in this attribute.

Merchandise exports by the reporting economy, residual, contribute 0.54% to Congo's total merchandise exports, considerably lower than the average of 3.20%. Congo ranks 72 out of 166 countries in this respect.

Summary

Congo, Democratic Republic's key macroeconomic indicators show that the country heavily relies on ores and metals exports, which dominate its merchandise exports at 74.15%. This is significantly higher than the global average of 9.10%, positioning Congo as the 2nd largest exporter in this category. However, other sectors such as food, fuel, and agricultural raw materials exports are substantially below global averages, indicating a lack of diversification in Congo's export portfolio.

These findings are crucial as they highlight Congo's heavy dependence on a single export sector, making the economy vulnerable to fluctuations in commodity prices. Diversifying the export base could help reduce this vulnerability and potentially boost overall economic resilience and sustainability in the long term.

Technology Exports

In terms of Manufactures exports (% of merchandise exports), Congo, Democratic Republic of the has a value of 24.38%, which is below the average of 42.62%. The country ranks 94 out of 152 countries in this attribute.

Regarding High-technology exports (current US$), Congo, Democratic Republic of the has a value of $17,461,774, significantly below the average of $16,655,934,078.80. The country ranks 104 out of 151 countries in this attribute.

For High-technology exports (% of manufactured exports), Congo, Democratic Republic of the only accounts for 0.51%, well below the average of 10.15%. The country ranks 143 out of 150 countries in this attribute.

Summary

In summary, Congo, Democratic Republic of the lags behind global averages in key indicators of economic diversification and technological advancement. With low percentages in Manufactures exports, High-technology exports, and High-technology exports as a percentage of manufactured exports, the country faces challenges in integrating into high-value global value chains and fostering innovation-led growth. Addressing these deficiencies is crucial for enhancing economic competitiveness, attracting foreign investment, and promoting sustainable development in the long term.

Service Exports

Analysis of key stats for the Democratic Republic of the Congo:

Summary

Analysis of key stats for the Democratic Republic of the Congo:

The Democratic Republic of the Congo exhibits below-average performance in major service export categories such as ICT, communications, and insurance & financial services. It ranks low compared to global averages in these sectors, indicating room for improvement in diversifying and expanding its service export portfolio. Developing these sectors could enhance the country's economic resilience and competitiveness on the global stage.

Commercial Service Exports

Commercial service exports in Congo, Democratic Republic of the are significantly below the average, ranking 150th out of 171 countries. The country's value of $115,192,494 is notably lower than the attribute average of $28,508,218,402.

Travel services account for a high percentage of commercial service exports for Congo, Democratic Republic of the at 70.14%, well above the average of 27.89%. The country ranks 14th out of 167 countries in this metric.

Computer, communications, and other services as a percentage of commercial service exports are relatively low for Congo, Democratic Republic of the at 7.20%, placing the country at 157th out of 169 countries. This value is significantly below the attribute average of 42.44%.

Insurance and financial services as a percentage of commercial service exports in Congo, Democratic Republic of the are also below average at 2.22%, compared to the average of 6.97%. The country ranks 113th out of 161 countries in this category.

Transport services make up 20.44% of commercial service exports for Congo, Democratic Republic of the, slightly below the average of 23.37%. The country ranks 78th out of 169 countries in this aspect.

Summary

In summary, Congo, Democratic Republic of the has significantly low commercial service exports compared to the global average, with a notable emphasis on travel services accounting for a high percentage. However, the country lags behind in computer, communications, and other services exports, as well as insurance and financial services exports. These indicators are crucial as they reflect the country's reliance on specific service sectors for revenue generation and highlight potential areas for diversification and growth to enhance economic stability and competitiveness.

Broad Import Attributes

- Imports of goods and services (current US$): Congo, Democratic Republic of the has a value of $14,559,943,783.71 for this attribute, significantly below the average of $126,191,355,599.06. The country ranks 83 out of 163 countries for this metric. - Imports of goods and services (% of GDP): The country has a value of 29.89%, lower than the average of 44.15%. Congo, Democratic Republic of the ranks 108 out of 163 countries in this category. - ICT goods imports (% total goods imports): Congo, Democratic Republic of the is at 1.99%, well below the average of 6.85%. The country holds the 134th rank out of 143 countries. - Goods imports (BoP, current US$): With a value of $11,865,260,000, the country falls short of the average of $92,007,788,027.17, ranking 81 out of 171 nations. - Imports of goods and services (BoP, current US$): The country's value of $14,556,667,222.69 is notably lower than the average of $120,321,577,988.12. Congo, Democratic Republic of the ranks 86 out of 170 countries for this metric. - Imports of goods, services and primary income (BoP, current US$): At $16,017,361,730.39, the country is below the average of $144,514,428,722.28, placing it at the 87th rank out of 170 countries.

Summary

The Democratic Republic of the Congo exhibits a pattern of below-average import levels across various key indicators, such as total imports, ICT goods imports, and goods imports in relation to GDP and balance of payments. These statistics suggest a potential lack of diversification in the country's imports and a reliance on a narrow range of goods and services. This could indicate vulnerabilities in the economy, including a limited ability to respond to external shocks and a potential risk of trade imbalances if not addressed strategically.

Merchandise Imports

- The Merchandise imports of Congo, Democratic Republic of the amount to $6.66 billion, which is significantly below the average of $89.39 billion. The country ranks 105th out of 190 countries in terms of merchandise imports.
- Manufactures imports (% of merchandise imports) in Congo, Democratic Republic of the stand at 78.17%, higher than the average of 66.76%. The country is ranked 17th out of 152 countries in this category.
- Congo, Democratic Republic of the imports 1.32% of Agricultural raw materials, slightly higher than the average of 1.27%. It ranks 60th out of 152 countries.
- Food imports (% of merchandise imports) for Congo, Democratic Republic of the constitute 9.44%, below the average of 15.89%. The country is ranked 124th out of 152 countries.
- The country imports 5.03% of its merchandise imports in Fuel, lower than the average of 11.38%. Congo, Democratic Republic of the ranks 131st out of 152 countries in this aspect.
- Ores and metals imports (% of merchandise imports) stand at 6.04% for Congo, Democratic Republic of the, well above the average of 2.57%. The country ranks 14th out of 152 countries.
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) for Congo, Democratic Republic of the amount to 9.40%, significantly higher than the average of 2.51%. The country ranks 9th out of 180 countries in this category.

Summary

The Congo, Democratic Republic stands out in its macroeconomic indicators related to imports. Despite having significantly lower total merchandise imports compared to the global average, the country has a higher percentage of manufactured imports, agricultural raw materials, ores and metals imports, and residual merchandise imports as a proportion of its total imports. These figures highlight the country's reliance on manufactured goods and natural resources in its import structure, signaling potential areas for economic development and trade specialization. Understanding these import dynamics is crucial for policymakers and investors looking to engage with the country's economy effectively.

Service Imports

Service imports (BoP, current US$): The focus country's value of $2,691,407,222.69 is significantly below the attribute average of $27,615,356,170.47. Congo, Democratic Republic of the ranks 89th out of 171 countries in this metric.

Communications, computer, etc. (% of service imports, BoP): The focus country's percentage of 30.66% is below the attribute average of 44.40%. Congo, Democratic Republic of the ranks 127th out of 169 countries in this category.

Transport services (% of service imports, BoP): With a value of 39.98%, the focus country exceeds the attribute average of 32.90%. Congo, Democratic Republic of is ranked 52nd out of 169 countries analyzed.

Travel services (% of service imports, BoP): The focus country's 7.57% is lower than the attribute average of 14.14%. Congo, Democratic Republic of the ranks 114th out of 169 countries included in the data.

Insurance and financial services (% of service imports, BoP): Congo, Democratic Republic of has a value of 21.79%, which is above the attribute average of 8.53%. This places the country at the 9th position out of 169 countries in this aspect.

Summary

The Democratic Republic of the Congo has a significantly low value of service imports compared to the global average, ranking 89th out of 171 countries. It also shows a mixed performance in different service import categories, such as exceeding the average in transport services but lagging in communications and travel services. The high percentage of insurance and financial services indicates a potential focus on financial sector development, which could be crucial for attracting investment and driving economic growth in the country.

Commercial Service Imports

1. Commercial service imports (current US$): The focus country's value of $2,496,245,962 is significantly below the average of $27,102,746,129. It ranks 91 out of 171 countries in this attribute data.

2. Computer, communications and other services (% of commercial service imports): The focus country's value of 25.24% is below the average of 41.71%. It ranks 129 out of 169 countries in this attribute data.

3. Insurance and financial services (% of commercial service imports): The focus country's value of 23.50% is well above the average of 8.85%. It ranks 7 out of 169 countries in this attribute data.

4. Transport services (% of commercial service imports): The focus country's value of 43.11% is above the average of 34.71%. It ranks 48 out of 169 countries in this attribute data.

5. Travel services (% of commercial service imports): The focus country's value of 8.16% is below the average of 14.73%. It ranks 111 out of 169 countries in this attribute data.

Summary

The focus country has a low value in commercial service imports compared to the average, indicating a potential imbalance in its international trade activities. It stands out in the high percentage of insurance and financial services within its commercial service imports, suggesting a strong presence in the financial sector. The focus country's lower utilization of travel services might reflect restrictions on inbound tourism or lower outbound travel expenditures, impacting its tourism industry and foreign exchange earnings.

These findings are important as they provide insights into the focus country's economic structure, highlighting areas of strength and potential challenges. The composition of commercial service imports indicates the country's reliance on specific service sectors and its competitiveness in the global market. Addressing any imbalances and understanding the reasons behind the disparity in service imports can help policymakers make informed decisions to enhance the country's economic resilience and competitiveness.

Infrastructure

Railways, passengers carried (million passenger-km): Congo, Democratic Republic of the carried 5.359 million passenger-km, significantly below the average of 32281.92 million passenger-km. The country ranks 63 out of 64 countries in this dataset.

Railways, goods transported (million ton-km): The country transported 171.26 million ton-km, well below the average of 119231.19 million ton-km. Congo, Democratic Republic of the ranks 59 out of 62 countries for this metric.

Air transport, freight (million ton-km): With 0.96 million ton-km transported, the country is significantly below the average of 1384.37 million ton-km. It ranks 104 out of 126 countries in this category.

Air transport, registered carrier departures worldwide: Congo, Democratic Republic of the recorded 3787.86 departures, far lower than the average of 134365.61 departures. The country ranks 109 out of 149 countries for this indicator.

Air transport, passengers carried: The country carried 277588.16 passengers, well below the average of 11848242.70 passengers. It ranks 107 out of 149 countries in this aspect.

Rail lines (total route-km): Congo, Democratic Republic of the has 3641 total route-km, significantly below the average of 12204.74 total route-km. The country ranks 29 out of 66 countries for this measurement.

Summary

The Congo, Democratic Republic's macroeconomic indicators in transportation, specifically railways and air transport, are notably below global averages. The country ranks consistently low in both passengers carried, goods transported, and departures recorded, highlighting significant challenges in its transportation infrastructure. These indicators are crucial for economic development as efficient transportation systems are vital for trade, commerce, and overall connectivity within and outside the country.

Information Technology Infrastructure

- Secure Internet servers: The focus country has 345 servers, significantly below the average of 458,294. The country ranks 140 out of 193 in this aspect.
- Secure Internet servers (per 1 million people): With 3.72 servers per million people, the focus country is well below the average of 14,067. It ranks 187 out of 193 countries.
- Individuals using the Internet (% of population): At 22.86%, the focus country is below the average of 64.77%. It holds a rank of 163 out of 180 countries.
- Fixed broadband subscriptions: With 31,000 subscriptions, the focus country falls short of the average of 6,591,956. It ranks 143 out of 185 countries.
- Mobile cellular subscriptions: The focus country has 40,798,396 subscriptions, slightly below the average of 42,526,464. It ranks 37 out of 193 countries.

Summary

The focus country lags behind global averages in key indicators such as secure internet servers, internet users, fixed broadband subscriptions, and mobile cellular subscriptions. These statistics indicate a digital divide and potential barriers to accessing information and communication technologies, which are crucial for economic development, innovation, and connectivity in the modern world. Addressing these discrepancies and improving infrastructure could help the country better integrate into the digital economy and global networks.

Energy Consumption

Regarding Renewable energy consumption (% of total final energy consumption), the focus country, Congo, Democratic Republic of the, has a value of 96.16%, far above the average of 32.18%. This places Congo at rank 1 out of 191 countries in the dataset.

As for CO2 emissions (kt), Congo, Democratic Republic of the emits 3025.6 kt, well below the average of 171895.94 kt. This positions Congo at rank 138 out of 188 countries in the dataset.

Summary

In summary, Congo, Democratic Republic of the excels in renewable energy consumption, with a percentage far above the global average, placing it at the top rank globally. On the other hand, the country emits a significantly lower amount of CO2 compared to the global average, positioning it at 138th place worldwide. These statistics are crucial as they showcase Congo's dedication to sustainable energy practices and environmental consciousness, highlighting its potential for leading the way in green initiatives among nations.

Government Balance Sheet

1. Total reserves (% of total external debt): The focus country, Congo, Democratic Republic of, has a value of 10.55%, which is significantly below the attribute average of 66.13%. This places Congo at rank 95 out of 102 countries in the dataset.

2. Reserves and related items (BoP, current US$): Congo has a value of -607,399,994.79 USD for this attribute, which is well below the average of 1,924,407,186.58 USD. Congo ranks 136 out of 171 countries in this dataset.

3. Total reserves minus gold (current US$): With a value of 747,655,324.34 USD, Congo is significantly below the attribute average of 74,221,588,171.61 USD. This places Congo at rank 130 out of 161 countries.

4. Total reserves (includes gold, current US$): Congo's value for this attribute is 747,655,324.34 USD, much lower than the average of 85,708,019,773.47 USD. Congo ranks 131 out of 161 countries in this dataset.

5. Total reserves in months of imports: Congo has a value of 0.56 months, which is well below the average of 7.10 months. This places Congo at rank 144 out of 151 countries included in the dataset.

Summary

Congo, Democratic Republic of, ranks low compared to other countries in terms of key macroeconomic indicators related to reserves. The country has significantly lower values in total reserves, reserves and related items, total reserves minus gold, total reserves including gold, and total reserves in months of imports. These indicators are crucial as they reflect Congo's ability to meet its external debt obligations, maintain stability in its balance of payments, and ensure financial security in the face of economic shocks or downturns.

Taxes

1. The Tariff rate applied in Congo, Democratic Republic of is 8.4%, which is higher than the average of 5.21%. Congo, Democratic Republic of ranks 41 out of 153 countries in this attribute.

Summary

In the Democratic Republic of the Congo, the applied Tariff rate is 8.4%, exceeding the global average of 5.21%, positioning the country at 41st out of 153 countries in this regard. This higher-than-average tariff rate suggests that the government relies on trade barriers to protect domestic industries or generate revenue, potentially impacting international trade relations and the cost of imported goods for consumers and businesses.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population, total 16/194
Population ages 0-14 (% of total population) 7/194
Population ages 0-14, total 10/194
Rural population 12/190
Urban population 19/194
Age dependency ratio (% of working-age population) 6/194
Birth rate, crude (per 1,000 people) 4/192
Fertility rate, total (births per woman) 4/190
Forest area (sq. km) 7/191
Land area (sq. km) 11/194
Surface area (sq. km) 11/194
Renewable internal freshwater resources, total (billion cubic meters) 11/178
Total natural resources rents (% of GDP) 14/175
Forest rents (% of GDP) 6/174
Mineral rents (% of GDP) 6/86
Ores and metals exports (% of merchandise exports) 2/152
Travel services (% of commercial service exports) 14/167
Ores and metals imports (% of merchandise imports) 14/152
Merchandise imports by the reporting economy, residual (% of total merchandise imports) 9/180
Insurance and financial services (% of service imports, BoP) 9/169
Insurance and financial services (% of commercial service imports) 7/169
Renewable energy consumption (% of total final energy consumption) 1/191

Ranks in Bottom Decile For:

Attribute Rank/Total
Population ages 15-64 (% of total population) 189/194
Fertilizer consumption (kilograms per hectare of arable land) 176/187
Trademark applications, nonresident, by count 125/130
GDP per capita (current US$) 184/190
GDP per capita, PPP (current international $) 179/181
GNI per capita, PPP (current international $) 179/181
Services, value added (% of GDP) 177/183
General government final consumption expenditure (% of GDP) 152/158
Total debt service (% of GNI) 111/120
External debt stocks (% of GNI) 114/120
Trade in services (% of GDP) 156/171
ICT goods exports (% of total goods exports) 141/142
Food exports (% of merchandise exports) 145/152
Fuel exports (% of merchandise exports) 142/147
High-technology exports (% of manufactured exports) 143/150
ICT service exports (BoP, current US$) 153/166
Computer, communications and other services (% of commercial service exports) 157/169
ICT goods imports (% total goods imports) 134/143
Railways, passengers carried (million passenger-km) 63/64
Railways, goods transported (million ton-km) 59/62
Secure Internet servers (per 1 million people) 187/193
Individuals using the Internet (% of population) 163/180
Total reserves (% of total external debt) 95/102
Total reserves in months of imports 144/151