Economic Structure

  • Exceptional and strategic geographical situation in the heart of Africa
  • Bordered by 9 neighbor countries: Central African Republic, Sudan, Angola, Zambia, Republic of Congo, Enclave of Cabinda, Uganda, Rwanda, Burundi, Tanzania (the DRC market can be extended to several countries)
  • Membership of several sub-regional markets: SADC, COMESA, CEEAC and CEPGL 
  • Country committed to democracy: political stability
  • 120 million hectare of arable land (10% only are exploited)
  • 45% of African equatorial forest, 6% of the world tropical reserves
  • 106 million Mw of power energy that can be exploited
  • Climatic variety, rainy season over 8 months from either part of Equator
  • Extremely varied range of minerals very sought after (cobalt, gold, diamond, iron ore, bauxite, coltan, limestone, nickel-chromium)
  • Hydrographical network of around 77,810 kmĀ²
  • Opening around 50 km on the Atlantic Ocean
  • Membership of international organizations: MIGA, ICSID, AGOA, ATI, OHADA
  • Freedom of transferring abroad income generated by investments
  • Equal treatment between domestic and foreign investors
  • Average growth rate of economy: 7% 
  • Annual volume of FDI: 5 billion USD

Resumption of growth and inflation under control (2001 to the present day)
During this period, coinciding with the resumption of multilateral and bilateral cooperation, the economic results were mainly the result of the application of restrictive cyclical economic policies and structural reforms of first-generation (partnership in mining, One-stop Shop in Matadi Port, setting up the chain of expenditure, independence of the Central Bank, liquidation of distressed banks). These policies helped to break hyperinflation (rise in the general price level of 17% on annual average, to boost economic growth, reduce unemployment (from 84% to 40% on average) and poverty 80% to 63%.

During the last three years (2012 to 2014), economic performance of the DRC has been remarkable in terms of economic growth (average of 8.2% against 5.3% for Sub-Saharan Africa) and the inflation (1.6% against 7.1% on average for Sub-Saharan Africa). This growth remains resilient: situated at 6.1% on average, five years before the financial crisis of 2009, when it fell to 2.8%, the change in real GDP increased 7.7% five years later. For Sub-Saharan Africa, from 7.1% before the crisis when it was reduced to 4.1%, growth amounted to 5.3% five years later. Given the improved growth in a low inflation environment, the sacrifice ratio of the Congolese economy is almost zero.

The revival of economic activity in the 2000s is still mainly influenced by the performance recorded in the primary sector (mainly mining and oil extraction). Between 2010 and 2014, the average contribution of this sector to growth was 67.9%, significantly higher than its average contribution before 2009 which was approximately at 17.6% between 2006 and 2008. The secondary sector (manufacturing, building, food industry) also showed resilience with an average contribution of 11.7% after 2009 against 2.6% between 2006 and 2008.

Source:  DR Congo Investment Promotion Agency 

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