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.
External borrowing, net in Congo, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 3.20 billion current LCU | — |
| 1980 | 40.40 billion current LCU | +1162.5% |
| 1981 | 17.60 billion current LCU | -56.4% |
| 1982 | 84.00 billion current LCU | +377.3% |
| 1983 | 41.90 billion current LCU | -50.1% |
| 1984 | 16.10 billion current LCU | -61.6% |
| 1985 | 30.30 billion current LCU | +88.2% |
| 1986 | 54.60 billion current LCU | +80.2% |
| 1987 | 97.40 billion current LCU | +78.4% |
| 1988 | 113.80 billion current LCU | +16.8% |
| 1989 | -65.20 billion current LCU | -157.3% |
| 1990 | 177.50 billion current LCU | -372.2% |
| 1991 | 63.90 billion current LCU | -64.0% |
| 1992 | 54.60 billion current LCU | -14.6% |
| 1993 | 61.50 billion current LCU | +12.6% |
| 1994 | 382.10 billion current LCU | +521.3% |
| 1995 | -149.40 billion current LCU | -139.1% |
| 1996 | 418.93 billion current LCU | -380.4% |
| 1997 | 149.76 billion current LCU | -64.3% |
| 1998 | -152.65 billion current LCU | -201.9% |
| 1999 | -177.13 billion current LCU | +16.0% |
| 2000 | -239.43 billion current LCU | +35.2% |
| 2001 | 140.56 billion current LCU | -158.7% |
| 2002 | 234.07 billion current LCU | +66.5% |
| 2003 | -146.12 billion current LCU | -162.4% |
| 2004 | 1.58 trillion current LCU | -1184.0% |
| 2005 | -131.34 billion current LCU | -108.3% |
| 2006 | -143.85 billion current LCU | +9.5% |
| 2007 | -74.61 billion current LCU | -48.1% |
| 2008 | 407.90 billion current LCU | -646.7% |
| 2009 | -33.72 billion current LCU | -108.3% |
| 2010 | -365.87 billion current LCU | +985.0% |
| 2011 | 646.76 billion current LCU | -276.8% |
Congo compared with similar countries
- Congo's 646.76 billion current LCU is above the median for lower middle income countries, which is 3.27 billion current LCU, 197.6× the median. (24 countries reporting)
- Congo's 646.76 billion current LCU is above the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 68.8× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Congo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +1184.0% | -146.12 billion current LCU | 1.58 trillion current LCU |
| 1980 | +1162.5% | 3.20 billion current LCU | 40.40 billion current LCU |
| 2010 | -985.0% | -33.72 billion current LCU | -365.87 billion current LCU |
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 95.53 (2024)
- Mobile cellular subscriptions by country, per capita 0.9553 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0004 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 6.05 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 17.18 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 0.6961 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 3.14 % change on previous year (2024)
- Scientific and technical journal articles 95.66 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
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.