REPUBLIC OF CONGO

Caught in a low growth-high debt loop

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD10.89bn (World ranking 141, World Bank 2020)
Population 5.5 million (World ranking 116, World Bank 2020)
Form of state Republic
Head of government Denis Sassou-Nguesso
Next elections Presidential 2026
  • Good natural resource base: oil, forestry and minerals.
  • Strategically positioned in Central Africa, possessing a 170-kilometer long coastal front on the Atlantic Ocean and a deep-water port in Pointe-Noire that could benefit the entire sub-region.
  • Highly urbanized country considering its level of per capita income: 70% of the population living in cities.
  • High (and partly hidden) debt.
  • History of political instability.
  • Despite a new constitution and an electoral system, executive powers are effectively held by the president. This entails inherent risks relating to autocracy and succession.
  • Widespread poverty and high unemployment.
  • Relatively weak infrastructure development to support communications, trade and growth.
  • Dependence on the oil sector. Small manufacturing base.
  • The business environment is challenging, and private sector development remains weak.

Trade structure by destination/origin

(% of total, annual 2020)

Exports Rank Imports
China 50.0%
1
19.5% China
United Arab Emirates 13.5%
2
11.7% France
Vietnam 4.6%
3
5.8% Angola
Spain 4.1%
4
5.7% Belgium
Saudi Arabia 4.0%
5
4.1% Russian Federation

Trade structure by product

(% of total, annual 2020)

Exports Rank Imports
Petroleum, petroleum products and related materials 56.2%
1
11.7% Other transport equipment
Non-ferrous metals 24.0%
2
8.2% Cereals and cereal preparations
Other transport equipment 6.1%
3
6.9% Meat and meat preparations
Cork and wood 5.5%
4
6.5% Other industrial machinery and parts
Metalliferous ores and metal scrap 0.9%
5
4.5% Road vehicles
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East