faces
difficult economic challenges of stimulating recovery and reducing
poverty. Recovery of oil prices has boosted the economy's GDP and
near-term prospects. In March 2006, the World Bank and the
International Monetary Fund (IMF) approved Heavily Indebted Poor
Countries (HIPC) treatment for Congo.
GDP (purchasing power parity):
$4.958 billion (2006 est.)
GDP (official exchange rate):
$5.093 billion (2006 est.)
GDP - real growth rate:
6% (2006 est.)
GDP - per capita (PPP):
$1,300 (2006 est.)
GDP - composition by sector:
agriculture: 6.2%
industry: 55.3%
services: 38.5% (2006 est.)
Labor force:
NA
Unemployment rate:
NA%
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.6% (2006 est.)
Investment (gross fixed):
27.2% of GDP (2006 est.)
Budget:
revenues: $2.985 billion
expenditures: $1.664 billion; including capital expenditures of $NA
(2006 est.)
Agriculture - products:
cassava (tapioca), sugar, rice, corn, peanuts, vegetables, coffee,
cocoa; forest products
Industries:
petroleum extraction, cement, lumber, brewing, sugar, palm oil,
soap, flour, cigarettes
Industrial production growth rate:
0% (2002 est.)
Electricity - production:
6.847 billion kWh (2004)
Electricity - production by source:
fossil fuel: 0.3%
hydro: 99.7%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
5.127 billion kWh (2004)
Electricity - exports:
1.25 billion kWh (2004)
Electricity - imports:
9 million kWh (2004)
Oil - production:
267,100 bbl/day (2005 est.)
Oil - consumption:
6,000 bbl/day (2004 est.)
Oil - exports:
NA bbl/day (2001)
Oil - imports:
NA bbl/day (2001)
Oil - proved reserves:
93.5 million bbl (1 January 2002)
Natural gas - production:
0 cu m (2004 est.)
Natural gas - consumption:
0 cu m (2004 est.)
Natural gas - exports:
0 cu m (2004 est.)
Natural gas - imports:
0 cu m (2004 est.)
Natural gas - proved reserves:
90.61 billion cu m (1 January 2005 est.)
Current account balance:
$1.215 billion (2006 est.)
Exports:
$5.996 billion f.o.b. (2006 est.)
Exports - commodities:
petroleum, lumber, plywood, sugar, cocoa, coffee, diamonds
Exports - partners:
China 38.4%, US 28.6%, Taiwan 11.6%, South Korea 7.1% (2005)
Imports:
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