Imports$4.917 billion (2011 est.)
Exports$12.38 billion (2011 est.)
Inflation rate (consumer prices)6% (2011 est.)
GDP - per capita (PPP)$4,600 (2011 est.)
National product real growth rate10.5% (2010 est.)
Internet users245,200 (2009)
Telephones - mobile cellular3.799 million (2009)
Population growth rate2.849% (2012 est.)
Population4,366,266 (July 2012 est.)
About this country
Upon independence in 1960, the former French region of Middle Congo became the Republic of the Congo.
A quarter century of experimentation with Marxism was abandoned in 1990 and a democratically elected government took office in 1992.
A brief civil war in 1997 restored former Marxist President Denis SASSOU-Nguesso, and ushered in a period of ethnic and political unrest....
The economy is a mixture of subsistence agriculture, an industrial sector based largely on oil and support services, and government spending.
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....
Reportlinker.com © Copyright 2014. All rights reserved.