Laos scored 50.10 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Laos averaged 26.65 Points from 2014 until 2019, reaching an all time high of 50.10 Points in 2019 and a record low of 3.90 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Laos Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Military Expenditure in Laos increased to 23.30 USD Million in 2013 from 22.70 USD Million in 2012. Military Expenditure in Laos averaged 80.62 USD Million from 1992 until 2013, reaching an all time high of 250.80 USD Million in 1994 and a record low of 19.70 USD Million in 2009.

Laos scored 29 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Laos averaged 25 Points from 2005 until 2019, reaching an all time high of 33 Points in 2005 and a record low of 19 Points in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Laos Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Laos is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Laos averaged 138.47 from 2005 until 2019, reaching an all time high of 168 in 2007 and a record low of 77 in 2005. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Laos Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Laos recorded a Current Account deficit of 118.37 USD Million in the third quarter of 2019. Current Account in Laos averaged -127.25 USD Million from 2004 until 2019, reaching an all time high of 168.56 USD Million in the first quarter of 2012 and a record low of -668.17 USD Million in the first quarter of 2015. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Laos Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Laos remained unchanged at 0.60 percent in 2019 from 0.60 percent in 2018. Unemployment Rate in Laos averaged 1.43 percent from 1991 until 2019, reaching an all time high of 2.60 percent in 1992 and a record low of 0.60 percent in 2015. In Laos, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Laos Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Laos stands at 24 percent. Corporate Tax Rate in Laos averaged 27.08 percent from 2009 until 2020, reaching an all time high of 35 percent in 2010 and a record low of 24 percent in 2013. In Laos, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Laos. This page provides - Laos Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Laos increased 11.30 percent in January of 2020 over the same month in the previous year. Food Inflation in Laos averaged 3.95 percent from 2013 until 2020, reaching an all time high of 12.40 percent in December of 2013 and a record low of -2.11 percent in December of 2017. This page provides - Laos Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Laos recorded a trade surplus of 20.37 USD Million in the third quarter of 2019. Balance of Trade in Laos averaged -173.54 USD Million from 2004 until 2019, reaching an all time high of 41.50 USD Million in the first quarter of 2012 and a record low of -734.71 USD Million in the first quarter of 2015. As a landlocked communist state, Laos has a relatively closed economy and engages in trade with only a few neighbouring countries. Laos consistently runs trade deficits due to its underdeveloped infrastructure and undiversified export base. Laos' main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement. This page provides the latest reported value for - Laos Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Laos increased to 1467.31 USD Million in the third quarter of 2019 from 1413.86 USD Million in the second quarter of 2019. Exports in Laos averaged 567.77 USD Million from 2004 until 2019, reaching an all time high of 1467.31 USD Million in the third quarter of 2019 and a record low of 11.50 USD Million in the first quarter of 2005. Agricultural products and natural resources account for the bulk of Laos’ exports. Laos' main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos’ main exports partners are Thailand, China and Vietnam. . This page provides the latest reported value for - Laos Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Laos decreased to 1446.94 USD Million in the third quarter of 2019 from 1577.81 USD Million in the second quarter of 2019. Imports in Laos averaged 741.30 USD Million from 2004 until 2019, reaching an all time high of 1652.80 USD Million in the third quarter of 2018 and a record low of 124.40 USD Million in the third quarter of 2004. Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement. Laos’ main imports partner is Thailand (66 percent). Other imports partners include China and Vietnam. This page provides the latest reported value for - Laos Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Laos was estimated at 6.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Laos had a population of 2.1 million people. The population of Laos represents 0.09 percent of the world´s total population which arguably means that one person in every 1109 people on the planet is a resident of Laos. This page provides - Laos Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Laos was recorded at 6.24 percent in February of 2020. Inflation Rate in Laos averaged 17.75 percent from 1989 until 2020, reaching an all time high of 167 percent in March of 1999 and a record low of -2.26 percent in August of 2009. In Laos, the most important categories in the consumer price index are food and non-alcoholic beverages (36.5 percent of the total weight) and transport (24.2 percent). The index also includes: household appliances (5.6 percent); housing, water, electricity, gas and other fuels (5.3 percent); restaurants and hotels (4.9 percent) alcoholic beverages and tobacco (4.6 percent); education (3.6 percent); communication (3.6 percent); clothing and footwear (3.2 percent); recreation and culture (3.1 percent) and health (2.9 percent). . This page provides the latest reported value for - Laos Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Laos was last recorded at 4 percent. Interest Rate in Laos averaged 7.14 percent from 1992 until 2020, reaching an all time high of 35 percent in December of 1994 and a record low of 4 percent in September of 2009. In Laos, interest rates decisions are taken by the Bank of the Lao People’s Democratic Republic. The official interest rate is the short-term lending interest rate. This page provides the latest reported value for - Laos Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Moody's credit rating for Laos was last set at B3 with positive outlook. Fitch's credit rating for Laos was last reported at B- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Laos thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Laos as reported by major credit rating agencies.

Consumer Price Index CPI in the United Kingdom remained unchanged at 108.60 points in March from 108.60 points in February of 2020. Consumer Price Index CPI in the United Kingdom averaged 79.55 points from 1988 until 2020, reaching an all time high of 108.60 points in February of 2020 and a record low of 48.40 points in January of 1988. In the United Kingdom, the most important categories in the consumer price index are Transport (16 percent of the total weight) and Recreation and Culture (15 percent). Housing, Water, Electricity, Gas and Other Fuels accounts for 13 percent; Restaurants and Hotels for 12 percent and Food and Non-alcoholic Beverages for 10 percent. The index also includes: Miscellaneous Goods and Services (9 percent); Clothing and Footwear (7 percent); Furniture, Household Equipment and Maintenance (6 percent). Alcoholic Beverages and Tobacco; Health, Communication and Education account for remaining 11 percent of total weight. This page provides the latest reported value for - United Kingdom Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in South Africa increased to 115.60 points in March from 115.20 points in February of 2020. Consumer Price Index CPI in South Africa averaged 30.75 points from 1960 until 2020, reaching an all time high of 115.60 points in March of 2020 and a record low of 1.20 points in February of 1960. In South Africa, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - South Africa Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Australia increased to 116.60 points in the first quarter of 2020 from 116.20 points in the fourth quarter of 2019. Consumer Price Index CPI in Australia averaged 46.21 points from 1950 until 2020, reaching an all time high of 116.60 points in the first quarter of 2020 and a record low of 4.20 points in the first quarter of 1950. In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Australia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Portugal increased to 104.04 points in March from 102.57 points in February of 2020. Consumer Price Index CPI in Portugal averaged 46.09 points from 1960 until 2020, reaching an all time high of 104.70 points in June of 2019 and a record low of 1.09 points in May of 1960. In Portugal, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Portugal Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in South Korea decreased to 104.95 points in April from 105.54 points in March of 2020. Consumer Price Index CPI in South Korea averaged 49.83 points from 1965 until 2020, reaching an all time high of 105.80 points in February of 2020 and a record low of 2.63 points in January of 1965. In South Korea, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - South Korea Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Turkey increased to 454.43 points in April from 450.58 points in March of 2020. Consumer Price Index CPI in Turkey averaged 215.67 points from 2003 until 2020, reaching an all time high of 454.43 points in April of 2020 and a record low of 94.77 points in January of 2003. In Turkey, the most important categories in the consumer price index are food and non-alcoholic beverages (23.7 percent of total weight); housing, water, electricity, gas and other fuels (15.9 percent of total weight) and transportation (14.3 percent). Others include: furnishings, household equipment and routine maintenance (8 percent); hotels, cafes and restaurants (7.5 percent); clothing and footwear (7.4 percent); alcoholic beverages and tobacco (5 percent). The index also includes miscellaneous goods and services (4.7 percent); communication (4.4 percent); recreation and culture (3.8 percent); health (2.7 percent) and education (2.6 percent). This page provides the latest reported value for - Turkey Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Tunisia increased to 130.20 points in March from 129.10 points in February of 2020. Consumer Price Index CPI in Tunisia averaged 44.15 points from 1962 until 2020, reaching an all time high of 139.90 points in September of 2017 and a record low of 6.76 points in August of 1962. In Tunisia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Tunisia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Afghanistan increased to 117.15 points in March from 116.91 points in February of 2020. Consumer Price Index Cpi in Afghanistan averaged 110.79 points from 2015 until 2020, reaching an all time high of 117.54 points in January of 2020 and a record low of 103.60 points in November of 2015. In Afghanistan, the Consumer Price Index (CPI) is divided into two main groups: Food Items, accounting for 61.3 percent of total CPI and Non-Food Items making up the remaining 38.7 percent. The most important food items are: bread and cereals (28 percent), meat (6 percent), milk, cheese and eggs (5.6 percent) and oil and fats (5.3 percent). The non-food items are mainly composed of: housing (17.2 percent), clothing (7.2 percent), household goods (7 percent), transportation (2.3 percent), and health (2 percent). This page provides the latest reported value for - Afghanistan Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Temperature in Republic of the Congo decreased to 24.92 celsius in December from 25.19 celsius in November of 2015. Temperature in Republic of the Congo averaged 24.65 celsius from 1901 until 2015, reaching an all time high of 26.98 celsius in March of 1941 and a record low of 22.29 celsius in July of 1976. This page includes a chart with historical data for Republic of the Congo Average Temperature.

Precipitation in Republic of the Congo decreased to 138.69 mm in December from 227.50 mm in November of 2015. Precipitation in Republic of the Congo averaged 134.21 mm from 1901 until 2015, reaching an all time high of 285.84 mm in March of 1933 and a record low of 12.84 mm in July of 1958. This page includes a chart with historical data for Republic of the Congo Average Precipitation.

Republic of the Congo recorded a Current Account deficit of 531 CFA Franc Billion in 2014. Current Account in Republic of the Congo averaged -318.29 CFA Franc Billion from 1998 until 2014, reaching an all time high of 584.91 CFA Franc Billion in 2006 and a record low of -2162 CFA Franc Billion in 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Republic of the Congo Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Republic Of The Congo decreased to 273 USD Million in 2018 from 372 USD Million in 2017. Military Expenditure in Republic Of The Congo averaged 170.71 USD Million from 1970 until 2018, reaching an all time high of 635 USD Million in 2014 and a record low of 43 USD Million in 1972.

The Social Security Rate For Employees in Republic of the Congo stands at 4 percent. Social Security Rate For Employees in Republic of the Congo averaged 3.90 percent from 2004 until 2019, reaching an all time high of 4 percent in 2005 and a record low of 2.40 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo is ranked 180 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Republic of the Congo remained unchanged at 180 in 2019 from 180 in 2018. Ease of Doing Business in Republic of the Congo averaged 179.67 from 2008 until 2019, reaching an all time high of 186 in 2012 and a record low of 174 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Republic of the Congo.

Terrorism Index in Republic of the Congo decreased to 2.69 in 2018 from 3.37 in 2017. Terrorism Index in Republic of the Congo averaged 1.60 from 2002 until 2018, reaching an all time high of 4.04 in 2016 and a record low of 0 in 2008. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Republic of the Congo was last recorded at 2651.70 US dollars in 2018. The GDP per Capita in Republic of the Congo is equivalent to 21 percent of the world's average. GDP per capita in Republic of the Congo averaged 2388.36 USD from 1960 until 2018, reaching an all time high of 3409.70 USD in 1984 and a record low of 1456.60 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Republic of the Congo GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo scored 18 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Republic of the Congo averaged 21.41 Points from 2003 until 2019, reaching an all time high of 26 Points in 2012 and a record low of 18 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Republic of the Congo Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Republic of the Congo is the 168 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Republic of the Congo averaged 148.59 from 2003 until 2019, reaching an all time high of 168 in 2019 and a record low of 113 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Republic of the Congo Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Republic of the Congo stands at 30 percent. Corporate Tax Rate in Republic of the Congo averaged 34.35 percent from 2004 until 2020, reaching an all time high of 38 percent in 2005 and a record low of 30 percent in 2015. In Republic Of The Congo, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Republic of the Congo increased to 10034000000 Thousand USD in 2018 from 6078000000 Thousand USD in 2017. Exports in Republic of the Congo averaged 2416661016.95 Thousand USD from 1960 until 2018, reaching an all time high of 11851000000 Thousand USD in 2011 and a record low of 18000000 Thousand USD in 1960. Republic of Congo main exports are oil (89 percent of total exports) followed by diamonds (4 percent) and timber (3 percent). Republic of Congo’s main export partners are China (26 percent of total exports) and United States (15 percent). Others include: France (11 percent), Angola (10 percent), Taiwan, India and Gabon. This page provides - Republic of the Congo Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a trade surplus of 6564 USD Billion in 2018. Balance of Trade in Republic of the Congo averaged 1114.08 USD Billion from 1960 until 2018, reaching an all time high of 6844 USD Billion in 2011 and a record low of -1109 USD Billion in 2015. Republic of Congo has one of the largest oil reserves in sub-Saharan Africa. As a result, the country runs consistent trade surpluses. Republic of Congo also exports diamonds and timber. Main imports are: foodstuffs, machinery and clothing. Main trading partners are United States, Angola and France. This page provides - Republic of the Congo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Republic of the Congo decreased to 3470000000 Thousand USD in 2018 from 3745000000 Thousand USD in 2017. Imports in Republic of the Congo averaged 1302576271.19 Thousand USD from 1960 until 2018, reaching an all time high of 6883000000 Thousand USD in 2014 and a record low of 59000000 Thousand USD in 1970. Republic of Congo main imports are: foodstuffs, fuel, textiles and machinery. Republic of Congo main import partners are: Angola (15 percent of total imports), France (13 percent) and Singapore (10 percent). Others include: Ivory Coast, Gabon, United Kingdom and United States. This page provides - Republic of the Congo Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Republic of the Congo remained unchanged at 10.40 percent in 2019 from 10.40 percent in 2018. Unemployment Rate in Republic of the Congo averaged 16.39 percent from 1991 until 2019, reaching an all time high of 20.60 percent in 1998 and a record low of 9.60 percent in 2014. In Republic of the Congo, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Republic of the Congo Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Republic of the Congo was worth 9.20 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Republic of the Congo represents 0.01 percent of the world economy. GDP in Republic of the Congo averaged 3.82 USD Billion from 1960 until 2019, reaching an all time high of 14.43 USD Billion in 2011 and a record low of 0.13 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Republic of the Congo GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Republic of the Congo was estimated at 5.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Republic of the Congo had a population of 1.0 million people. The population of Republic of the Congo represents 0.06 percent of the world´s total population which arguably means that one person in every 1684 people on the planet is a resident of Republic of the Congo. This page provides - Republic of the Congo Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Republic of the Congo was recorded at 1.10 percent in May of 2018. Inflation Rate in Republic of the Congo averaged 3.34 percent from 1994 until 2018, reaching an all time high of 42.40 percent in December of 1994 and a record low of -9.34 percent in January of 2001. In Republic of the Congo, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Republic of the Congo Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a government debt equivalent to 15.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Republic of the Congo averaged 117.60 percent from 1990 until 2018, reaching an all time high of 270.18 percent in 1994 and a record low of 15.70 percent in 2018. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Republic of the Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Republic of the Congo decreased to 310 BBL/D/1K in December from 320 BBL/D/1K in November of 2019. Crude Oil Production in Republic of the Congo averaged 260.59 BBL/D/1K from 1994 until 2019, reaching an all time high of 370 BBL/D/1K in January of 2018 and a record low of 153 BBL/D/1K in March of 1996. This page provides the latest reported value for - Republic Of The Congo Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Republic of the Congo expanded 2.20 percent in 2019 from the previous year. GDP Annual Growth Rate in Republic of the Congo averaged 4.04 percent from 1961 until 2019, reaching an all time high of 23.60 percent in 1982 and a record low of -8.95 percent in 1977. The Republic of Congo is a poor country with more than half of population living below the poverty line and relying on subsistence agriculture. Republic of Congo economy is heavily dominated by the oil industry, which accounts for 90 percent of exports and is a major source of government revenues. Despite being located in one of the most volatile regions in Africa, Republic of Congo has a democratic system and peace lasting for over a decade. On-going reforms on public sector backed by the IMF are expected to bring economic stability and address the country’s main economic challenges: youth unemployment, outdated infrastructure, bureaucracy, corruption and non-diversified industrial sector. This page provides - Republic of the Congo GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Republic of the Congo recorded a Government Budget deficit equal to 5.10 percent of the country's Gross Domestic Product in 2017. Government Budget in Republic of the Congo averaged -2.99 percent of GDP from 1990 until 2017, reaching an all time high of 1.20 percent of GDP in 2002 and a record low of -14.37 percent of GDP in 1991. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Republic of the Congo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Republic of the Congo stands at B- with negative outlook. Moody's credit rating for Republic of the Congo was last set at Caa2 with stable outlook. Fitch's credit rating for Republic of the Congo was last reported at CCC with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Republic of the Congo thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Republic of the Congo as reported by major credit rating agencies.

Republic of the Congo recorded 274 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Republic of the Congo Coronavirus Cases.

Republic of the Congo recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 274 Coronavirus Cases. This page includes a chart with historical data for Republic of the Congo Coronavirus Deaths.

Republic of the Congo recorded 33 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Republic of the Congo reported 10 Coronavirus Deaths. This page includes a chart with historical data for Republic of the Congo Coronavirus Recovered.

Construction output in Turkey rose by 0.5 percent year-on-year in the fourth quarter of 2016, following an upwardly revised 0.5 percent drop in the previous period. The recovery was led by civil engineering, which grew 3 percent (from 3.1 percent in Q3), while building activity fell at a slower 0.3 percent (from -1.4 percent in Q3). On a quarterly basis, construction output shrank 1.4 percent, following a 4.9 percent fall in the previous period. In 2016 as a whole, construction output expanded by 2.9 percent after rising by 1.8 percent in 2015. Construction Output in Turkey averaged 4.26 percent from 2006 until 2016, reaching an all time high of 22.60 percent in the third quarter of 2010 and a record low of -21.10 percent in the second quarter of 2009. The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides the latest reported value for - Turkey Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.