Congo (DRC) among ten richest African countries

Congo's gross domestic product (GDP) is already $69 billion, up from $63 billion in 2022, thanks to "mining production and structural reforms implemented by the authorities," according to the latest update of global wealth data from the International Monetary Fund (IMF). billion, an increase of $6 billion. This growth places Congo among the 10 wealthiest African countries.

This economic upturn will continue to rise steadily over the next five years, according to IMF forecasts. In the absence of any disruptive events on the world stage, Congo's GDP would reach $117 billion in 2028.

According to the same source, while the DRC’s GDP will only be $56 billion in 2021, it will rapidly rise to $63 billion in 2022. After reaching $69 billion in 2023, it will rise to $77 billion in 2024, $86 billion in 2025, $95 billion in 2026, $106 billion in 2027, and $117 billion in 2028.

In this ranking, Nigeria leads with $507 billion, Egypt is second with $399 billion, South Africa remains third with $387 billion, Algeria is fourth with $206 billion and Morocco is fifth with $156 billion , Kenya ranked sixth with US$139 billion, Ethiopia ranked seventh with US$118 billion, Angola ranked eighth with US$118 billion, and Tanzania ranked ninth with US$85 billion.

—Excerpt from Congo News