Congo, Republic of the

Description of Congo, Republic of the

The Republic of Congo, nestled in the heart of Central Africa, stands as a country rich in resources and cultural diversity. From its vibrant rainforests to its bustling urban centers, Congo boasts a complex tapestry of history and tradition. As a geopolitical and economic analyst, it is fascinating to delve into the intricate dynamics that shape the country's development trajectory. By examining macroeconomic statistics and geopolitical relationships, we can uncover the potential challenges and opportunities that lie ahead for the Republic of Congo, shedding light on its role in the regional and global landscape.

Population And Age Structure

Population, total: With a population of 5,702,174, the Republic of Congo ranks 112 out of 194 countries. The population is significantly below the average population of 40,097,746.

Population ages 0-14 (% of total population): The Republic of Congo has 41.67% of its population aged 0-14, ranking 25 out of 194 countries. This percentage is notably higher than the average of 27.34%.

Population ages 0-14, total: The country has a total of 2,376,206 individuals aged 0-14, ranking 92 out of 194 countries. This figure is substantially lower than the average of 10,327,380.

Population ages 15-64 (% of total population): With 55.68% of the population aged 15-64, the Republic of Congo ranks 165 out of 194 countries. This percentage is below the average of 63.44%.

Population ages 15-64, total: The total population aged 15-64 in the Republic of Congo is 3,174,994, placing them at rank 122 out of 194 countries. This number is notably lower than the average of 26,003,407.

Population ages 65 and above (% of total population): Individuals aged 65 and above account for 2.65% of the Republic of Congo's population, ranking 176 out of 194 countries. This percentage is significantly below the average of 9.22%.

Population ages 65 and above, total: The total population aged 65 and above is 150,973 in the Republic of Congo, ranking 139 out of 194 countries. This figure is notably lower than the average of 3,766,959.

Summary

The Republic of Congo has a relatively small total population compared to the global average, with a higher percentage of individuals in the 0-14 age group and a lower percentage in the 15-64 and 65 and above age groups. This demographic profile is crucial for policymakers and economists to consider when planning for future healthcare, education, and retirement needs, as well as for understanding the country's potential for economic growth and labor force dynamics.

Population Miscellaneous

- The Rural population in Congo, Republic of is 1,834,446. This is significantly below the attribute average of 18,044,041, ranking 107 out of 190 countries in the dataset.
- The percentage of Rural population in Congo, Republic of is 32.171% of the total population, which is below the attribute average of 41.158%. The country ranks 115 out of 190 countries.
- Congo, Republic of has an Urban population of 3,867,728, much lower than the attribute average of 22,425,747. The country ranks 109 out of 194 countries.
- The Urban population (% of total population) in Congo, Republic of is 67.829%, above the attribute average of 59.690%. The country ranks 80 out of 194 countries.
- The Age dependency ratio in Congo, Republic of is 79.60% of the working-age population, which is above the attribute average of 59.22%. The country ranks 30 out of 194 countries.
- Congo, Republic of has a crude Birth rate of 31.155 per 1,000 people, higher than the attribute average of 19.384. The country ranks 33 out of 192 countries.
- The crude Death rate in Congo, Republic of is 6.923 per 1,000 people, below the attribute average of 8.214. The country ranks 120 out of 192 countries.
- The total Fertility rate in Congo, Republic of is 4.234 births per woman, higher than the attribute average of 2.603. The country ranks 28 out of 190 countries.

Summary

The analysis reveals that Congo, Republic of has a significantly lower rural population and higher urban population compared to the global average. This shift towards urbanization may indicate ongoing socio-economic changes within the country. Additionally, Congo, Republic of has relatively high age dependency ratio, crude birth rate, crude death rate, and total fertility rate compared to the global averages, suggesting potential challenges in healthcare, social services, and economic development.

Military

In terms of Military expenditure (current USD), the Republic of the Congo's expenditure of 298,382,191.95 USD is significantly below the average of 12,904,993,617.17 USD, ranking 101 out of 149 countries.

The country's Military expenditure (% of GDP) stands at 2.89%, which is above the average of 1.90%. This places the Republic of the Congo at 24th out of 148 countries in the dataset.

With a total of 12,000 Armed forces personnel, significantly lower than the average of 165,908 personnel, the Republic of the Congo ranks 124th out of 164 countries in this aspect.

The Armed forces personnel (% of total labor force) in the Republic of the Congo is 0.54%, below the average of 1.28%. This positions the country at 107th out of 164 nations.

Summary

The Republic of the Congo exhibits relatively low military expenditure, standing below the global average both in terms of total expenditure and as a percentage of GDP. Additionally, the country maintains a smaller armed forces personnel size compared to the average, with a lower proportion relative to the total labor force. These indicators are crucial as they reflect the country's prioritization of military investments and its capacity for defense and security operations in both regional and international contexts.

Natural Resources

Analysis of Key Statistics for Congo, Republic of the:

1. Forest area: The country has 219,460 sq. km of forest area, ranking 28th out of 191 countries. This is above the average forest area of 211,606 sq. km.

2. Land area: With a land area of 341,500 sq. km, Congo, Republic of the ranks 64th out of 194 countries. This is below the average land area of 665,166.51 sq. km.

3. Surface area: The country's surface area is 342,000 sq. km, ranking 64th out of 194 countries. This is also below the average surface area of 689,779.56 sq. km.

4. Arable land: There are 550,000 hectares of arable land in the country, placing it 122nd out of 190 countries. This is significantly below the average of 7,329,543.16 hectares.

5. Land under cereal production: Congo, Republic of the has 34,100 hectares of land under cereal production, ranking 143rd out of 174 countries. This is much lower than the average land under cereal production of 4,206,011.63 hectares.

6. Average precipitation: The country experiences an average precipitation depth of 1,646 mm per year, ranking 48th out of 178 countries. This is above the average precipitation depth of 1,157.83 mm per year.

7. Renewable internal freshwater resources: Congo, Republic of the has 222 billion cubic meters of renewable freshwater resources, ranking 32nd out of 178 countries. This is slightly below the average of 240.41 billion cubic meters.

Summary

In summary, Congo, Republic of the has a relatively large forest area but below-average land, surface area, arable land, and land under cereal production compared to global averages. Despite this, the country receives above-average precipitation and has a good amount of renewable internal freshwater resources.

These statistics are important as they indicate the country's natural resource endowments, agricultural potential, and water availability. Understanding these key indicators can help policymakers in sustainable land use planning, agricultural development strategies, and water resource management initiatives to ensure long-term economic and environmental sustainability.

Resource Rents

- Total natural resources rents (% of GDP): The focus country's value of 26.22% is significantly higher than the average of 4.63%. This places the Congo, Republic of, at rank 4 out of 175 countries in the dataset.
- Forest rents (% of GDP): With a value of 3.57%, the focus country is above the average of 1.53%, ranking 23 out of 174 countries.
- Oil rents (% of GDP): The focus country's value of 22.41% far surpasses the average of 2.51%. This places the Congo, Republic of, at rank 3 out of 117 countries.
- Natural gas rents (% of GDP): At 0.24%, the focus country is below the average of 1.25%. The Congo, Republic of, ranks 40 out of 96 countries in this metric.

Summary

The Congo, Republic of, stands out for its substantial natural resources rents, particularly in oil, ranking highly compared to other countries in the dataset. This indicates a significant reliance on resource extraction as a key driver of its GDP. The high rankings suggest that these sectors play a crucial role in the country's economy, highlighting both opportunities and vulnerabilities associated with such a concentrated economic base.

Commodities

Analysis of key statistics for Congo, Republic of the:

1. In terms of Cereal production, Congo, Republic of the produced 30239.77 metric tons. This is significantly below the average production of 17,249,945.93 metric tons, ranking the country 150th out of 174 countries in the dataset.

2. In Aquaculture production, the country produced 900 metric tons, well below the average of 679,642.92 metric tons, putting it at the 126th position out of 180 countries.

3. For Capture fisheries production, Congo, Republic of the produced 70,637.35 metric tons, falling short of the average of 467,453.06 metric tons. The country ranks 87th out of 190 nations.

4. Regarding Total fisheries production, the country's output was 71,537.35 metric tons, considerably lower than the average of 1,153,914.85 metric tons. Its rank is 91st out of 182 countries.

5. In terms of Fertilizer consumption (kilograms per hectare of arable land), Congo, Republic of the consumed 9.96 kilograms, significantly below the average consumption of 159.04 kilograms per hectare. This places the country 160th out of 187 nations.

Summary

The analysis of key statistics for Congo, Republic of the reveals that the country lags behind global averages in various agricultural production metrics such as cereal, aquaculture, and fisheries production. Additionally, the low fertilizer consumption per hectare of arable land indicates potential inefficiencies in agriculture which could hinder the country's food security and agricultural productivity in the long run.

Intellectual Property

1. Trademark applications, nonresident, by count: The focus country has 201 trademark applications, significantly below the attribute average of 15,878.93. It ranks 126 out of 130 countries included in the data.

2. Scientific and technical journal articles: The focus country has 72.62 articles, well below the attribute average of 15,103.76. It ranks 138 out of 192 countries in the dataset.

3. Charges for the use of intellectual property, payments (BoP, current US$): The focus country's payment for intellectual property is $7,277,800.31, substantially lower than the attribute average of $3,218,843,494.39. It ranks 105 out of 143 countries.

4. Charges for the use of intellectual property, receipts (BoP, current US$): The focus country receives $34,747.20 for intellectual property, far below the attribute average of $3,191,687,117.58. It holds the 112th rank out of 122 countries in the dataset.

Summary

The focus country lags behind the global average in key indicators such as trademark applications, scientific articles, payments for intellectual property, and receipts for the use of intellectual property. These statistics indicate a lower level of innovation, research output, and intellectual property utilization compared to other countries, which could have implications for its competitiveness, economic growth, and ability to attract investments and technology transfer.

Broad Economy Attributes

The GDP (current US$) of Congo, Republic of is $11,468,608,530.20, which is significantly below the average GDP of $442,870,224,838.68. The country ranks 135 out of 189 countries included in the data for this attribute.

The GDP, PPP (current international $) for Congo, Republic of is $22,574,748,83.00, also notably lower than the average GDP of $734,141,122,350.78. This places the country at rank 140 out of 181 countries in the dataset.

Congo, Republic of has a GDP per capita (current US$) of $2011.27, much lower than the average GDP per capita of $15,462.11. The country ranks 143 out of 190 countries for this metric.

In terms of GDP per capita, PPP (current international $), the country's value of $3958.92 is well below the average of $21,251.89. This places the country at rank 145 out of 181 nations included in the analysis.

The GNI (current US$) for Congo, Republic of is $11,531,366,743.52, significantly below the average GNI of $452,040,815,370.70. The country ranks 135 out of 185 nations included in the dataset.

The country's GNI, PPP (current international $) is $22,698,006,321.57, which is notably lower than the average of $730,698,223,823.47. The country is ranked 138 out of 181 countries in this category.

Congo, Republic of has a GNI per capita, PPP (current international $) of $3980, which is significantly less than the average of $20,615.75. The country is positioned at rank 146 out of 181 countries for this particular attribute.

Summary

The analysis of key macroeconomic indicators for Congo, Republic of reveals that the country significantly lags behind the global averages in terms of GDP, GDP per capita, GNI, and GNI per capita. This indicates a relatively lower level of economic development and prosperity compared to the average of countries included in the dataset. These statistics are crucial as they highlight the economic challenges faced by Congo, Republic of, emphasizing the need for policies and strategies to boost economic growth, increase income levels, and enhance overall living standards for its population.

Broad Value Added

1. Gross value added at basic prices (GVA) (current US$): The focus country's value is $10,850,623,506.14, which is significantly below the average of $360,070,943,595.12. Congo, Republic of is ranked 130 out of 176 countries in this attribute data.

2. Agriculture, forestry, and fishing, value added (% of GDP): The focus country's value at 10.69% is slightly lower than the average of 10.86%. Congo, Republic of is ranked 69 out of 182 countries in this attribute data.

3. Agriculture, forestry, and fishing, value added (current US$): The focus country's value is $1,226,043,669.45, considerably below the average of $19,924,732,828.07. Congo, Republic of is ranked 121 out of 182 countries in this attribute data.

4. Services, value added (% of GDP): The focus country's value of 49.97% is notably lower than the average of 56.72%. Congo, Republic of is ranked 139 out of 183 countries in this attribute data.

5. Services, value added (current US$): The focus country's value is $5,730,785,222.12, way below the average of $295,837,711,130.69. Congo, Republic of is ranked 134 out of 183 countries in this attribute data.

6. Industry (including construction), value added (current US$): The focus country's value is $3,893,794,614.57, significantly below the average of $118,421,095,413.50. Congo, Republic of is ranked 117 out of 183 countries in this attribute data.

Summary

The analysis of key macroeconomic indicators for Congo, Republic of reveals that the country lags behind global averages in Gross Value Added, Agriculture, Forestry, and Fishing value added, Services value added, and Industry value added. This indicates a significant gap in economic development compared to other countries, impacting the country's overall GDP and sectoral contribution to the economy. Addressing these disparities is crucial for Congo, Republic of to enhance economic growth, improve productivity, and compete effectively in the global market.

Manufacturing Value Added

When looking at Manufacturing, value added (current US$), Congo, Republic of the has a value of 1474082763.59909. This is below the average value of 76207179589.66348. The country is ranked 115th out of 173 countries in this attribute.

In terms of Manufacturing, value added (% of GDP), Congo, Republic of the has a value of 12.85%, slightly above the average of 11.90%. The country is ranked 70th out of 173 countries in this category.

For Medium and high-tech manufacturing value added (% manufacturing value added), Congo, Republic of the has a value of 2.42%, significantly below the average of 24.49%. The country is ranked 144th out of 149 countries in this attribute.

Summary

The Republic of the Congo has a lower than average Manufacturing value added in current US dollars, ranking 115th out of 173 countries. However, it has a higher than average Manufacturing value added as a percentage of GDP, ranking 70th out of 173 countries. In terms of Medium and high-tech manufacturing value added as a percentage of total manufacturing value added, the country lags significantly behind the global average, ranking 144th out of 149 countries.

These indicators are crucial for assessing the country's industrial development and economic diversification. A low ranking in high-tech manufacturing value added signifies a potential lack of competitiveness or investment in advanced manufacturing sectors, which are essential for sustainable economic growth and technological advancement in the long run.

Money

Inflation, consumer prices (annual %): The focus country's inflation rate is 1.80%, which is below the average of 8.26%. Congo, Republic of ranks 88 out of 165 countries in this attribute data.

Inflation, GDP deflator (annual %): The focus country has a deflation rate of -14.00%, significantly below the average of 6.90%. Congo, Republic of ranks 185 out of 188 countries in this attribute data.

Broad money growth (annual %): The focus country's broad money growth is 14.11%, slightly below the average of 18.03%. Congo, Republic of ranks 65 out of 139 countries in this attribute data.

Broad money (% of GDP): The focus country's broad money as a percentage of GDP is 31.19%, well below the average of 71.75%. Congo, Republic of ranks 120 out of 139 countries in this attribute data.

Broad money to total reserves ratio: The focus country's ratio is 3.14, which is below the average of 5.17. Congo, Republic of ranks 52 out of 126 countries in this attribute data.

Summary

The focus country, Congo, Republic of, displays mixed macroeconomic indicators. It has relatively low inflation rates compared to global averages, but struggles with high deflation and lower-than-average broad money metrics. These indicators are crucial as they reflect the country's economic stability, purchasing power, and overall financial health, impacting investment decisions, trade relations, and economic growth prospects.

Consumption Expenditure

Final consumption expenditure (current US$): The focus country's value is $7,355,618,550.88, which is significantly below the average of $381,630,252,515.38, ranking 129 out of 159 countries in the dataset.

Final consumption expenditure (% of GDP): The focus country's value is 64.14%, below the average of 82.37%, ranking 143 out of 159 countries in the dataset.

General government final consumption expenditure (current US$): The focus country's value is $2,004,524,383.33, well below the average of $93,676,578,238.03, ranking 116 out of 158 countries in the dataset.

General government final consumption expenditure (% of GDP): The focus country's value is 17.48%, slightly below the average of 18.71%, ranking 80 out of 158 countries in the dataset.

Household and NPISHs Final consumption expenditure (current US$): The focus country's value is $5,351,094,167.55, significantly below the average of $290,127,571,157.69, ranking 130 out of 158 countries in the dataset.

Households and NPISHs final consumption expenditure (% of GDP): The focus country's value is 46.66%, below the average of 63.68%, ranking 135 out of 158 countries in the dataset.

Summary

The focus country shows relatively low final consumption expenditure compared to the global average, indicating lower overall economic activity and spending. This could imply limited domestic demand and potential challenges in stimulating economic growth. The data also highlights that government and household expenditures are below average, suggesting a need for policies to boost both public and private consumption to drive economic development and improve living standards.

Investment

Foreign direct investment, net (BoP, current US$): The focus country's value is $1,001,980,582.36, ranking 23rd out of 169 countries. This is above the average by $2,617,216,562.87.

Foreign direct investment, net inflows (BoP, current US$): The focus country's value is -$1,983,178,866.50, ranking last at 170 out of 182 countries. This is below the average by $7,732,449,946.65.

Foreign direct investment, net inflows (% of GDP): The focus country's value is -17.29%, ranking 174th out of 178 countries. This is below the average by 19.90%.

Foreign direct investment, net outflows (BoP, current US$): The focus country's value is -$981,198,284.14, ranking 145th out of 156 countries. This is below the average by $6,689,189,400.21.

Foreign direct investment, net outflows (% of GDP): The focus country's value is -8.56%, ranking 150th out of 155 countries. This is below the average by 9.56%.

Portfolio Investment, net (BoP, current US$): The focus country's value is -$184,684,824.10, ranking 109th out of 159 countries. This is below the average by $864,243,993.68.

Portfolio investment, bonds (PPG + PNG) (NFL, current US$): The focus country's value is -$27,234,000.00, ranking 42nd out of 59 countries. This is below the average by $4,161,497,915.25.

Portfolio equity, net inflows (BoP, current US$): The focus country's value is $31,821,482.55, ranking 37th out of 125 countries. This is below the average by $9,165,324,512.15.

Summary

The focus country performs well in terms of foreign direct investment, ranking 23rd out of 169 countries with a net value of $1,001,980,582.36. However, it lags behind in net inflows and outflows, ranking last and 145th respectively. This indicates a need to attract more foreign investment while also promoting domestic investment to improve economic growth and stability.

Debt

Total debt service (% of GNI): Congo, Republic of the has a 5.56% total debt service as a percentage of GNI, slightly below the average of 5.98%. It ranks 46 out of 120 countries in this attribute.

Public and publicly guaranteed debt service (% of GNI): The country's 5.51% debt service is higher than the average of 2.84%. It holds the 13th rank out of 120 countries in this category.

External debt stocks (% of GNI): Congo, Republic of has 71.32% of its GNI in external debt stocks, above the 65.42% average. It is placed 33rd out of 120 countries for this statistic.

Debt service on external debt, total (TDS, current US$): The country's debt service of $641,093,437.4 is significantly lower than the average of $9,811,195,839.23. It ranks 74th out of 123 countries in this measure.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Congo, Republic of's debt service of $635,772,633.5 is below the average of $3,310,612,057.60. It ranks 57th out of 123 countries in this category.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): The country's debt value of $7,771,681,877.4 is significantly below the average of $28,695,879,144.98. It holds the 61st position out of 123 countries.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Congo, Republic of's debt value of $6,135,500 in private nonguaranteed external debt stocks is notably lower than the average of $33,734,699,285.22. It ranks 90th out of 91 countries in this metric.

External debt stocks, total (DOD, current US$): The country's total external debt stock of $8,223,741,439.20 is substantially below the average of $73,845,530,111.82. It ranks 72nd out of 123 countries for this attribute.

Summary

The analysis of Congo, Republic of's key macroeconomic indicators reveals that the country has a relatively low total debt service as a percentage of GNI compared to the average, but a higher public and publicly guaranteed debt service. Additionally, it holds a large percentage of its GNI in external debt stocks, particularly in public and publicly guaranteed debts, which are below average. Despite having significantly lower debt service and debt stocks in comparison to the average, the country ranks moderately in these metrics globally.

These findings are crucial as they provide insight into Congo, Republic of's financial stability, debt management practices, and its standing in the global market. Understanding these macroeconomic indicators can help policymakers, investors, and international organizations assess the country's economic health, ability to repay debts, and potential for future economic growth or challenges.

Broad Trade Attributes

Trade (% of GDP): Congo, Republic of the has a Trade value of 69.31% of GDP, below the average of 82.34%. It ranks 79th out of 163 countries.

Merchandise trade (% of GDP): The country's Merchandise trade is 59.30% of GDP, slightly below the average of 60.01%. It ranks 65th out of 186 countries.

Trade in services (% of GDP): Congo's Trade in services is 11.12% of GDP, significantly lower than the average of 24.63%. It ranks 113th out of 171 countries.

External balance on goods and services (current US$): The country has an External balance of 1,391,309,786.48 USD, much lower than the average of 3,405,509,011.13 USD. It ranks 48th out of 163 countries.

External balance on goods and services (% of GDP): With an External balance of 12.13% of GDP, Congo, Republic of the is above the average of -5.97%. It ranks 9th out of 163 countries in this aspect.

Summary

Congo, Republic of the exhibits a trade balance lower than the global average, with a high dependency on merchandise trade rather than services. However, the country maintains a positive external balance on goods and services, outperforming many other nations. These indicators are crucial as they showcase the country's economic openness, trade diversification, and ability to generate surplus in its external transactions.

Net Trade

1. The current account balance for Congo, Republic of is $1,440,630,928.31, slightly below the average of $1,443,864,831.49. Congo ranks 40th out of 170 countries for this attribute.

2. The current account balance as a percentage of GDP for Congo is 12.56%, significantly higher than the average of -2.36%. The country ranks 9th out of 170 countries for this metric.

3. Congo's net trade in goods and services is $1,391,319,444.40, below the average of $2,604,730,003.57. The country ranks 51st out of 171 countries in this category.

4. The net primary income for Congo is -$62,758,648.95, above the average of -$903,807,529.74. Congo is ranked 57th out of 170 countries for this attribute.

5. Congo's net secondary income is $112,070,132.86, higher than the average of -$269,227,340.40. The country ranks 106th out of 170 countries.

6. The country's net trade in goods is $2,198,521,142.08, surpassing the average of $1,302,831,005.68. Congo ranks 44th out of 171 countries for this metric.

7. Congo's net capital account is $23,685,426.49, significantly below the average of $136,543,824.05. The country is placed 95th out of 159 countries for this attribute.

8. The net financial account for Congo is $1,399,075,018.66, well above the average of -$469,840,994.63. Congo ranks 39th out of 170 countries in this category.

Summary

Overall, Congo, Republic of has a positive current account balance, indicating that it is exporting more than it is importing and ranking relatively well globally for this metric. The country also excels in net trade in goods and services and net financial account, showcasing its ability to generate income through trade and investments. However, it faces challenges in net primary income and net secondary income, implying room for improvement in terms of income generated from investments and aid received.

These indicators are crucial as they provide insights into Congo's economic health, trade relationships, and financial stability. They highlight the country's strengths in international trade and investments while also signaling areas that may require attention to ensure sustainable economic growth and balance in external financial flows.

Broad Export Attributes

Exports of goods, services and primary income (BoP, current US$): The focus country's value of $4,696,801,136.26 is significantly below the attribute average of $146,238,908,936.30. With a rank of 118 out of 170 countries, Congo, Republic of the is below average in this aspect.

Exports of goods and services (BoP, current US$): Congo, Republic of the has an export value of $4,669,939,816.00, which is also below the attribute average of $122,938,540,059.78. Ranked 116 out of 170 countries, the country falls below the average for this attribute.

Exports of goods and services (current US$): The country's export value of $4,669,907,399.36 falls below the average of $129,596,864,610.19. With a rank of 112 out of 163 countries, Congo, Republic of the is below the average for this metric.

Exports of goods and services (% of GDP): Congo, Republic of the has a value of 40.72% which is above the attribute average of 38.19%. Ranked 51 out of 163 countries, the country performs above average in this aspect.

Goods exports (BoP, current US$): With an export value of $4,435,821,892.80, Congo, Republic of the falls below the average of $93,310,581,697.39. Ranked 104 out of 171 countries, the country is below average in this category.

ICT goods exports (% of total goods exports): The country's value of 0.02% is significantly below the average of 3.81%. Ranked 136 out of 142 countries, Congo, Republic of the performs below the average for this attribute.

Summary

Congo, Republic of the exhibits below-average performance in various export indicators such as exports of goods, services, and primary income, goods and services, and goods exports in terms of current US dollars. Additionally, the country lags in ICT goods exports compared to the global average. Despite performing above average in exports of goods and services as a percentage of GDP, overall, these statistics indicate a need for the country to diversify its export base and enhance its global competitiveness to drive economic growth and sustainability.

Merchandise Exports

- Congo, Republic of the has a Merchandise exports of $4.89 billion, below the average of $89.54 billion, ranking 107 out of 187 countries. - Agricultural raw materials exports account for 6.57% of Congo's merchandise exports, higher than the average of 2.97%, ranking 17 out of 151 countries. - Food exports make up 0.38% of Congo's merchandise exports, significantly lower than the average of 24.06%, placing the country at 150 out of 152 countries. - The country heavily relies on fuel exports, constituting 75.11% of its merchandise exports, far exceeding the average of 13.70%, and ranking 8 out of 147 countries. - Congo's ores and metals exports represent only 0.83% of its merchandise exports, well below the average of 9.10%, placing it at 124 out of 152 countries. - Merchandise exports by the reporting economy residual account for 0.23% of Congo's total exports, below the average of 3.20%, ranking 92 out of 166 countries.

Summary

Congo, Republic of the has a unique export profile with a heavy reliance on fuel exports, constituting 75.11% of its merchandise exports, far exceeding the average. While agricultural raw materials exports and ores/metals exports are above and below average respectively, food exports are significantly lower than the average. Understanding these export dynamics is crucial for policymakers and investors to assess the country's economic vulnerabilities, diversification potential, and overall resilience in global trade scenarios.

Technology Exports

Manufactures exports (% of merchandise exports): Congo, Republic of the has a value of 17.03%, which is below the average of 42.62%. The country ranks 104 out of 152 countries in this attribute.

High-technology exports (current US$): Congo, Republic of the has exports valued at $37,906,534, significantly below the average of $16,655,934,078.80. The country ranks 94 out of 151 countries in this attribute.

High-technology exports (% of manufactured exports): Congo, Republic of the has a value of 4.55%, lower than the average of 10.15%. The country ranks 90 out of 150 countries in this attribute.

Medium and high-tech exports (% manufactured exports): Congo, Republic of the has a percentage of 57.09%, above the average of 34.29%. The country ranks 35 out of 149 countries in this attribute.

Summary

The analysis of key macroeconomic indicators for Congo, Republic of reveals that the country's performance in manufacturing and high-technology exports is below average compared to global benchmarks. However, Congo's strength lies in its relatively higher percentage of medium and high-tech exports among manufactured exports, indicating potential for growth in higher value-added industries.

These findings are crucial as they highlight areas where Congo, Republic of may need to focus on improving competitiveness and diversifying its export base to enhance economic development and resilience in the global marketplace.

Service Exports

- Service exports (BoP, current US$): The focus country's value is significantly below the attribute average, ranking 140 out of 171 countries. - ICT service exports (BoP, current US$): The focus country's value is well below the attribute average, ranking 152 out of 166 countries. - ICT service exports (% of service exports, BoP): The focus country's value is considerably below the attribute average, ranking 147 out of 166 countries. - Communications, computer, etc. (% of service exports, BoP): The focus country's value is above the attribute average, ranking 38 out of 169 countries. - Transport services (% of service exports, BoP): The focus country's value is above the attribute average, ranking 41 out of 169 countries. - Travel services (% of service exports, BoP): The focus country's value is significantly below the attribute average, ranking 162 out of 167 countries. - Insurance and financial services (% of service exports, BoP): The focus country's value is well below the attribute average, ranking 130 out of 161 countries.

Summary

The focus country has shown weaknesses in its service exports, particularly in ICT service exports, travel services, and insurance and financial services. Despite performing above average in communications and transport services, there is room for improvement to enhance overall service export competitiveness. Addressing these deficiencies is crucial for the country to diversify its economy, attract foreign investment, and boost economic growth.

Commercial Service Exports

1. Commercial service exports (current US$): Congo, Republic of the has a value of 225,700,414.85, which is well below the average of $28,508,218,402.80. The country ranks 140th out of 171 countries included in the data for this attribute.

2. Travel services (% of commercial service exports): With a value of 1.77%, Congo, Republic of the falls significantly below the average of 27.89%. The country is ranked 163rd out of 167 countries in this category.

3. Computer, communications and other services (% of commercial service exports): Congo, Republic of the surpasses the average with a value of 63.43%, compared to the average of 42.44%. This places the country at 38th out of 169 countries.

4. Insurance and financial services (% of commercial service exports): The country's value of 1.28% is notably lower than the average of 6.97%. Congo, Republic of the ranks 131st out of 161 countries for this attribute.

5. Transport services (% of commercial service exports): Congo, Republic of the performs relatively well in this category with a value of 33.52%, surpassing the average of 23.37%. The country holds the 43rd rank out of 169 countries included in the data.

Summary

The analysis reveals that Congo, Republic of the has strengths in computer, communications, and other services as well as transport services, where it exceeds the global averages. However, the country lags behind in travel services and insurance/financial services, performing significantly below the averages for these categories. Understanding these indicators is crucial for policymakers and investors to identify areas of economic potential and areas needing improvement to enhance the country's competitiveness and growth in the global market.

Broad Import Attributes

• Imports of goods and services (current US$): Congo, Republic of the has a value of $3,278,597,612.88, which is significantly below the average of $126,191,355,599.06. It ranks 131st out of 163 countries.

• Imports of goods and services (% of GDP): The country's value of 28.59% is lower than the average of 44.15%. Congo, Republic of is ranked 116th out of 163 countries.

• ICT goods imports (% total goods imports): With a value of 2.63%, Congo, Republic of is below the average of 6.85%. It holds the 125th rank out of 143 countries.

• Goods imports (BoP, current US$): The country's value of $2,237,300,750.73 is well below the average of $92,007,788,027.17. It ranks 136th out of 171 countries.

• Imports of goods and services (BoP, current US$): Congo, Republic of has a value of $3,278,620,371.60, significantly lower than the average of $120,321,577,988.12. It holds the 136th rank out of 170 countries.

• Imports of goods, services and primary income (BoP, current US$): The country's value of $3,368,240,340.81 is notably lower than the average of $144,514,428,722.28. Congo, Republic of is ranked 137th out of 170 countries.

Summary

The analysis of key macroeconomic indicators for Congo, Republic of reveals that the country has significantly lower imports of goods and services in both absolute value and as a percentage of GDP compared to the global averages. This indicates potential challenges in terms of trade balance and economic growth. The country's low ranking among other nations in various import categories highlights the need for strategic measures to boost imports and enhance economic competitiveness.

Merchandise Imports

Merchandise imports (current US$): Congo, Republic of the has a merchandise import value of $1,908,000,000, ranking 148th out of 190 countries. This is significantly below the attribute average of $89,385,605,263. The country's import value is lower compared to the average.

Manufactures imports (% of merchandise imports): The country's percentage of manufactures imports stands at 62.40%, slightly below the average of 66.76%. Congo, Republic of ranks 109th out of 152 countries in this aspect.

Agricultural raw materials imports (% of merchandise imports): With a percentage of 1.41, Congo, Republic of is above the average of 1.27%. The country ranks 54th out of 152 countries.

Food imports (% of merchandise imports): Congo, Republic of has a high percentage of food imports at 31.31%, well above the average of 15.89%. This places the country 5th out of 152 countries.

Fuel imports (% of merchandise imports): The country's fuel imports represent 3.63% of total imports, significantly lower than the average of 11.38%. Congo, Republic of ranks 142nd out of 152 countries.

Ores and metals imports (% of merchandise imports): Congo, Republic of has a percentage of 1.10 for ores and metals imports, below the average of 2.57%. The country ranks 108th out of 152 countries.

Merchandise imports by the reporting economy, residual (% of total merchandise imports): The residual imports value for Congo, Republic of is 0.09%, well below the average of 2.51%. The country ranks 132nd out of 180 countries in this category.

Summary

Congo, Republic of has a below-average merchandise import value, particularly in fuel imports. However, the country excels in food imports, ranking 5th out of 152 countries. This distribution of imports indicates a heavy reliance on imported food products, which could impact the country's food security, inflation rates, and overall economic stability.

Service Imports

Service imports (BoP, current US$): The focus country's value of $1,041,319,620.88 is significantly below the average of $27,615,356,170.47, ranking 123 out of 171 countries.

Communications, computer, etc. (% of service imports, BoP): With a value of 71.74%, the focus country exceeds the average of 44.40%, ranking 12 out of 169 countries.

Transport services (% of service imports, BoP): At 21.51%, the focus country falls below the average of 32.90%, ranking 122 out of 169 countries.

Travel services (% of service imports, BoP): The focus country's 3.07% is lower than the average of 14.14%, ranking 152 out of 169 countries.

Insurance and financial services (% of service imports, BoP): The focus country's 3.68% is below the average of 8.53%, ranking 129 out of 169 countries.

Summary

The focus country has a significantly low value of service imports in comparison to the average, ranking 123 out of 171 countries. However, it excels in the category of communications, computer, etc., surpassing the average and ranking 12th out of 169 countries. This indicates a strong reliance on technology-related services. The low percentages in transport services, travel services, and insurance and financial services highlight areas where the country may need to focus on improving to enhance its overall service import portfolio and economic competitiveness.

Commercial Service Imports

The Commercial service imports (current US$) for Congo, Republic of the amount to approximately $1.035 billion, ranking 122 out of 171 countries. This is significantly below the attribute average of approximately $27.103 billion.

Computer, communications and other services (% of commercial service imports) in Congo, Republic of the account for 71.58% of total commercial service imports. This places Congo at a high rank of 11 out of 169 countries, indicating that this percentage is well above the attribute average of 41.71%.

Insurance and financial services (% of commercial service imports) make up 3.70% of Congo's commercial service imports, ranking Congo at 131 out of 169 countries. This is below the attribute average of 8.85%.

Transport services (% of commercial service imports) constitute 21.64% of Congo's commercial service imports, placing Congo at a rank of 124 out of 169 countries. This percentage falls below the attribute average of 34.71%.

Travel services (% of commercial service imports) account for 3.09% of Congo's total commercial service imports, ranking Congo at 152 out of 169 countries. This percentage is significantly below the attribute average of 14.73%.

Summary

In analyzing Congo, Republic of the macroeconomic indicators, we find that the country has a significantly lower value of commercial service imports compared to the global average. However, the high percentage of Computer, communications and other services in its total commercial service imports suggests a strong reliance on this sector for international trade. On the other hand, the low percentages of Insurance and financial services, transport services, and travel services highlight areas where Congo may have room for development and improvement to enhance its overall macroeconomic stability and diversification.

Infrastructure

1. Air transport, registered carrier departures worldwide: Congo, Republic of the has 1090 registered carrier departures worldwide, significantly below the attribute average of 134,365.60. The country ranks 135 out of 149 countries in this dataset.

2. Air transport, passengers carried: The country carried 79,620 passengers, far lower than the attribute average of 11,848,242.70 passengers. Congo, Republic of the ranks 124 out of 149 countries.

3. Container port traffic (TEU: 20 foot equivalent units): With 930,000 TEUs, the country's container port traffic is below the average of 6,907,110.27 TEUs. Congo, Republic of the ranks 66 out of 110 countries in this aspect.

Summary

The analysis of key macroeconomic indicators for Congo, Republic of reveals significant underperformance in air transport and container port traffic compared to global averages. The country has fewer registered carrier departures, carries fewer passengers, and handles less container port traffic than the global averages, resulting in lower rankings among countries. These indicators are crucial as they reflect the country's connectivity, trade volume, and economic activity, highlighting potential areas for improvement to boost competitiveness and integration into the global economy.

Information Technology Infrastructure

1. The attribute "Secure Internet servers" in Congo, Republic of has a value of 46, which is significantly below the average of 458,294. Congo ranks 176 out of 193 countries in this attribute data.

2. Congo, Republic of has 8.07 Secure Internet servers per 1 million people, far below the average of 14,067. The country ranks 176 out of 193 in this category.

3. With 5,617,953 mobile cellular subscriptions, Congo's figure is well below the average of 42,526,464. The country ranks 119 out of 193 in this aspect.

Summary

In summary, Congo, Republic of lags behind the global average in key technological indicators such as Secure Internet servers and mobile cellular subscriptions. This places the country in a disadvantaged position compared to many other nations in terms of digital infrastructure and connectivity. Improving these metrics is crucial for Congo's economic development and integration into the increasingly digital global economy.

Energy Consumption

For Renewable energy consumption (% of total final energy consumption), Congo, Republic of the has a value of 71.88%, which is significantly above the average of 32.18%. The country is ranked 28th out of 191 countries included in the data for this attribute.

On the other hand, for CO2 emissions (kt), Congo, Republic of the has emissions of 7153.9 kt, well below the average of 171895.94 kt. The country is ranked 114th out of 188 countries in the dataset for this attribute.

Summary

Congo, Republic of the stands out for its high renewable energy consumption at 71.88%, which is well above the global average of 32.18%. This indicates the country's commitment to sustainable energy practices and reducing reliance on non-renewable sources. Additionally, the low CO2 emissions of 7153.9 kt, compared to the average of 171895.94 kt, reflect Congo's efforts towards environmental preservation and combating climate change. These statistics highlight Congo's positive contribution to global sustainability goals and its proactive approach towards addressing environmental challenges.

Government Balance Sheet

1. Net acquisition of financial assets (% of GDP): Congo, Republic of the has a value of -1.94%, which is below the attribute average of 2.45%. This places the country at rank 78 out of 87 countries.

2. Net incurrence of liabilities, total (% of GDP): Congo, Republic of the has a value of 3.74%, lower than the attribute average of 7.43%. The country ranks 68 out of 92 countries in this metric.

3. Total reserves (% of total external debt): With a value of 13.87%, Congo, Republic of the stands below the attribute average of 66.13%. It ranks 90 out of 102 countries in this aspect.

4. Reserves and related items (BoP, current US$): The focus country has a value of -19,425,979.88 USD, significantly below the attribute average of 1,924,407,186.58 USD. Congo, Republic of the ranks 103 out of 171 countries.

5. Total reserves minus gold (current US$): Congo, Republic of the has a value of 1,140,500,574.79 USD, well below the attribute average of 74,221,588,171.61 USD. The country ranks 121 out of 161 nations.

6. Total reserves (includes gold, current US$): With total reserves of 1,140,500,574.79 USD, Congo, Republic of the falls below the attribute average of 85,708,019,773.47 USD. The country ranks 124 out of 161 countries.

7. Total reserves in months of imports: The focus country has 4.06 months of imports in reserves, below the attribute average of 7.10 months. Congo, Republic of the ranks 101 out of 151 countries.

Summary

The analysis reveals that Congo, Republic of the is below average in key macroeconomic indicators such as net acquisition of financial assets, net incurrence of liabilities, total reserves, and reserves related items. These statistics indicate that the country may face challenges in managing its financial assets and liabilities efficiently, maintaining adequate reserves, and balancing its international financial position. It highlights the importance of improving fiscal management, enhancing reserve adequacy, and promoting financial stability to strengthen the country's economic resilience and sustainability.

Taxes

Considering the Tax revenue (% of GDP) in Congo, Republic of the, which is 8.32%, significantly below the average of 16.72%. The country ranks 111 out of 123 countries in this dataset.

Looking at Taxes on exports (% of tax revenue), Congo, Republic of the, has a value of 1.25%, notably lower than the average of 2.54%. This places the country at the 10th position out of 36 countries.

When examining Customs and other import duties (% of tax revenue) for Congo, Republic of the, which stands at 17.20%, it is notably above the average of 9.01%. The country is ranked 16th out of 99 countries in this aspect.

Lastly, in terms of Taxes on income, profits, and capital gains (% of total taxes) for Congo, Republic of the, the value of 36.65% is slightly below the average of 38.40%. The country holds the 65th position out of 120 countries in this category.

Summary

Congo, Republic of the displays a mixed performance across key macroeconomic tax indicators. While Tax revenue (% of GDP) is below average, Taxes on exports (% of tax revenue) and Customs and other import duties (% of tax revenue) are lower and higher than average, respectively. Additionally, Taxes on income, profits, and capital gains (% of total taxes) are slightly below average. Understanding these indicators is crucial for policymakers as it provides insights into the country's fiscal health, trade competitiveness, and tax structure efficiency, guiding potential areas for improvement and reform.

Government Expenses

1. Expense (% of GDP): In Congo, Republic of the, the expense as a percentage of GDP is 17.8%, which is below the average of 31.7%. This places the country at rank 104 out of 123 countries.

2. Compensation of employees (% of expense): The country allocates 28.6% of its expenses to employee compensation, above the average of 24.7%. Congo, Republic of the ranks 47 out of 123 countries for this metric.

3. Goods and services expense (% of expense): Allocating 18.3% of expenses to goods and services, the country exceeds the average of 14.8%. It ranks 35 out of 122 countries in this aspect.

4. Interest payments (% of expense): With 9.1% of expenses going towards interest payments, Congo, Republic of the surpasses the average of 6.8%. The country holds the 33rd position out of 121 countries.

5. Other expense (% of expense): The country dedicates 4.2% of expenses to other categories, which is below the average of 8.3%. This places Congo, Republic of the at rank 85 out of 120 countries.

6. Subsidies and other transfers (% of expense): Allocating 39.8% of expenses to subsidies and transfers, the country falls below the average of 43.3%. Congo, Republic of the ranks 67 out of 121 countries for this metric.

Summary

In summary, Congo, Republic of the exhibits a lower than average expense as a percentage of GDP, but allocates a higher proportion towards employee compensation and goods and services. The country also spends more on interest payments compared to the average, while dedicating less towards other expenses and subsidies. These indicators are crucial as they provide insights into the government's spending priorities, economic stability, and potential areas of growth or concern within the country's financial management.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Total natural resources rents (% of GDP)	4/175
Oil rents (% of GDP)	3/117
External balance on goods and services (% of GDP)	9/163
Current account balance (% of GDP)	9/170
Fuel exports (% of merchandise exports)	8/147
Food imports (% of merchandise imports)	5/152
Communications, computer, etc. (% of service imports, BoP)	12/169
Computer, communications and other services (% of commercial service imports)	11/169

Ranks in Bottom Decile For:

Attribute	Rank/Total
Population ages 65 and above (% of total population)	176/194
Trademark applications, nonresident, by count	126/130
Charges for the use of intellectual property, receipts (BoP, current US$)	112/122
Medium and high-tech manufacturing value added (% manufacturing value added)	144/149
Inflation, GDP deflator (annual %)	185/188
Foreign direct investment, net inflows (BoP, current US$)	170/182
Foreign direct investment, net inflows (% of GDP)	174/178
Foreign direct investment, net outflows (BoP, current US$)	145/156
Foreign direct investment, net outflows (% of GDP)	150/155
External debt stocks, private nonguaranteed (PNG) (DOD, current US$)	90/91
ICT goods exports (% of total goods exports)	136/142
Food exports (% of merchandise exports)	150/152
ICT service exports (BoP, current US$)	152/166
Travel services (% of service exports, BoP)	162/167
Travel services (% of commercial service exports)	163/167
Fuel imports (% of merchandise imports)	142/152
Air transport, registered carrier departures worldwide	135/149
Secure Internet servers	176/193
Secure Internet servers (per 1 million people)	176/193
Tax revenue (% of GDP)	111/123