According to the latest estimates made from production data at the end of September 2020, the real GDP growth of the DR Congo should stand at 0.8% in 2020 according to the Central Bank (BCC) which expects an increase of 3.2% in 2021.
After reaching 5.8% in 2018, economic activity has already slowed down in 2019 with a growth rate of 4.4%, due to the fall in the prices of raw materials, in particular of cobalt and copper which represent more 80% of the country’s exports. These effects, combined with the consequences of the Covid-19 pandemic, have further dragged growth down in 2020.
At the beginning of the pandemic, the authorities revised growth projections from 4.6% to 4.1% in 2020 in April.
