External borrowing, net in Congo
Congo: External borrowing, net was 646.76 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Congo, 1979–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Congo recorded 646.76 billion current LCU for external borrowing, net in 2011.
Compared with earlier readings it is up 276.8% on the previous year and up 360.1% over ten years.
Over the whole period, external borrowing, net in Congo peaked at 1.58 trillion current LCU in 2004 and was at its lowest, -365.87 billion current LCU, in 2010.
Congo ranks 5th of 50 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.20 billion current LCU | 3.20 billion current LCU | 3.20 billion current LCU | 1 |
| 1980s | 43.09 billion current LCU | -65.20 billion current LCU | 113.80 billion current LCU | 10 |
| 1990s | 82.91 billion current LCU | -177.13 billion current LCU | 418.93 billion current LCU | 10 |
| 2000s | 159.73 billion current LCU | -239.43 billion current LCU | 1.58 trillion current LCU | 10 |
| 2010s | 140.45 billion current LCU | -365.87 billion current LCU | 646.76 billion current LCU | 2 |
Countries ranked near Congo
- 2 Zambia 1.52 trillion current LCU compare
- 3 Tanzania 1.08 trillion current LCU compare
- 4 Uganda 1.02 trillion current LCU compare
- 6 Sierra Leone 591.26 billion current LCU compare
- 7 Sao Tome and Principe 460.64 billion current LCU compare
- 8 Madagascar 387.78 billion current LCU compare
More science & technology data for Congo
- Scientific and technical journal articles 95.66 (2023)
- Mobile phone subscriptions 6.05 million (2024)
- Mobile phone subscriptions per 100 people 95.53 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 95.53 per 100 people (2024)
- Patent applications, nonresidents 27 (1996)
- Share of the population using the Internet 47.3% (2024)
- Number of people using the Internet 1.77 million users (2021)
- Landline Internet subscriptions per 100 people 1.27 per 100 people (2023)
- Landline Internet subscriptions 78,398 (2023)
- Researchers in R&D 126.97 per million people (2022)
Frequently asked questions
- What is external borrowing, net in Congo?
- External borrowing, net in Congo was 646.76 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Congo?
- The highest recorded value was 1.58 trillion current LCU in 2004.
- What is the lowest external borrowing, net recorded in Congo?
- The lowest recorded value was -365.87 billion current LCU in 2010.
- How does Congo rank for external borrowing, net?
- Congo ranks 5th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Congo?
- Over the last ten years it is up 360.1%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.