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Economy of the Democratic Republic of the Congo

Economy of the Democratic Republic of the Congo

Common card · No. 315128

The Democratic Republic of the Congo has a developing transition economy. Its has declined drastically in the years leading up to and during the First and Second Congo Wars, despite being home to vast potential in natural resources and mineral wealth; its gross domestic product is $79.12 billion as of 2025. During the last five reported years, the exports of the DRC has changed by $15.2 billion from $13.3 billion in 2017 to $28.5B in 2022. Since 2003, the DRC's economy has gradually grown, but it remains one of the poorest countries in the world. At the time of its independence in 1960, the Democratic Republic of the Congo was the second most industrialized country in Africa after South Africa. It had a thriving mining sector, and its agriculture sector was relatively productive. Since then, decades of corruption, war, and political instability have been a severe detriment to further growth, today leaving DRC with a GDP per capita and a HDI rating that rank among the world's lowest and...

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