Economic analysis
Of
Republic of Congo
Contents
Introduction 3
Location 3
Demographics 4
Population 4
Age structure 4
Population growth rate 4
Sex ratio 5
Nationality 5
Religions 5
Economy of Republic of Congo 6
Dependency on petroleum 6
Timber Decline 6
Employment 6
Measures for economic reform 6
War of 1997 7
Post 1997 7
Facts and figures 8
National Account 12
External sector (CFAF billions) 12
Financial transactions by the State (CFAF billions) 13
Economic Problems in Republic of Congo 14
Congo's government statement on its poverty reduction strategy 15
Oil depletion and fiscal policy 18
Fiscal indicators 20
Future of Congo: Will oil last long enough? 20
Annual oil production forecast 21
National oil price forecast 21
Primary balance forecast 21
Conclusion 22
Introduction
Location
Capital
Brazzaville (4°14'S, 15°14'E)
Official languages
French
Recognised regional languages
Kongo/Kituba, Lingala
Area
Total - 342,000 km²
Water ? 3.3%
GDP
2005 estimate - Total $4.585 billion (154th)
Per capita $1,369 (161st)
Currency ...