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The economy is a mixture of subsistence agriculture, an industrial sector based largely on oil, and support services, and a government characterized by budget problems and overstaffing. Oil has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. The government has mortgaged a substantial portion of its oil earnings through oil-backed loans that have contributed to a g...  More..

Economy of Congo
SOURCE: CIA - The World Factbook
Currency Central African CFA Franc
GDP (PPP) $16.41 billion (2009 est.)
GDP (per capita) $4,100 (2009 est.)
Exports $7.542 billion (2009 est.)
Imports $2.721 billion (2009 est.)
Main Industries petroleum extraction, cement, lumber, brewing, sugar, palm oil, soap, flour, cigarettes
Exports - Commodities petroleum, lumber, plywood, sugar, cocoa, coffee, diamonds
Imports - Commodities capital equipment, construction materials, foodstuffs
Exports Partners US 42.1%, China 30.1%, France 5.6% (2008)
Imports Partners France 22.2%, China 18.7%, India 6%, US 5.6%, Italy 5.2%, Belgium 4.4% (2008)

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