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Economy of Congo vs South Africa compared: GDP & Debt

Updated on by Georank team

The Congo has a GDP of $15.7B compared to $401B for South Africa, ranking 141/197 and 40/197 by economy size, respectively.

The Congo has $15.4B in government debt (98% of GDP), compared to $305B (76% of GDP) in South Africa.

Congo vs South Africa GDP by year

Congo
South Africa
1x
Year GDP, current $
Congo South Africa
2024 $15,719,986,077 $401,144,998,374
2023 $15,321,055,823 $381,440,724,491
2022 $15,817,030,155 $407,596,043,068
2021 $14,825,690,211 $419,986,284,375
2020 $11,468,687,464 $337,974,655,408
2019 $13,976,637,780 $389,330,032,224
2018 $14,773,900,289 $405,260,723,893
2017 $11,834,473,039 $381,448,814,653
2016 $10,931,328,151 $323,585,509,674
2015 $12,434,793,867 $346,709,790,459
2014 $17,919,321,078 $381,198,869,776
2013 $17,958,720,699 $400,886,013,596
2012 $17,692,911,296 $434,400,545,086
2011 $15,655,383,577 $458,199,494,831
2010 $13,148,396,212 $417,363,822,802
2009 $9,723,299,915 $329,754,060,647
2008 $11,649,857,673 $316,131,258,616
2007 $8,782,703,437 $333,077,117,254
2006 $8,072,305,029 $303,858,675,364
2005 $6,650,001,680 $288,867,217,197
2004 $4,656,974,940 $255,806,908,595
2003 $3,503,723,088 $197,018,965,309
2002 $3,034,250,924 $129,087,556,612
2001 $2,796,704,604 $135,429,905,923
2000 $3,227,927,698 $151,752,757,215
1999 $2,354,772,960 $151,516,957,079
1998 $1,949,481,379 $152,982,984,557
1997 $2,322,719,103 $168,978,057,328
1996 $2,540,697,539 $163,234,925,381
1995 $2,116,003,868 $171,735,933,897
1994 $1,769,365,438 $153,512,712,382
1993 $2,684,323,623 $147,194,747,566
1992 $2,933,222,703 $146,956,150,987
1991 $2,724,853,506 $135,203,698,238
1990 $2,798,746,050 $126,048,140,142
1989 $2,389,593,026 $108,055,624,082
1988 $2,212,536,312 $103,976,831,871
1987 $2,297,753,652 $96,535,763,418
1986 $1,849,268,212 $73,354,771,399
1985 $2,160,872,540 $64,459,376,087
1984 $2,193,581,365 $84,870,163,366
1983 $2,097,274,290 $96,204,110,942
1982 $2,160,640,565 $85,904,057,409
1981 $1,993,512,323 $93,141,472,164
1980 $1,705,796,853 $89,411,864,402
1979 $1,198,749,667 $63,038,658,089
1978 $878,771,772 $51,607,412,902
1977 $765,224,029 $45,328,411,332
1976 $754,549,601 $41,150,460,288
1975 $767,102,680 $42,906,905,672
1974 $585,364,634 $41,389,186,095
1973 $541,973,363 $33,262,772,008
1972 $410,669,264 $24,515,919,217
1971 $322,128,019 $23,411,076,638
1970 $274,960,700 $21,218,391,513
1969 $265,040,036 $19,256,992,297
1968 $251,247,458 $17,124,793,150
1967 $237,397,428 $15,821,393,671
1966 $220,613,582 $14,211,394,315
1965 $198,318,064 $13,068,994,772
1964 $185,693,725 $11,955,995,218
1963 $172,233,431 $10,854,195,658
1962 $166,521,240 $9,813,996,074
1961 $151,675,739 $9,225,996,310
1960 $131,731,863 $8,748,596,501

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/congo/south-africa | CC BY

GDP per capita in Congo vs South Africa by year

Congo
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Congo South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,482 $7,026 $6,267 $15,456
2023 $2,478 $6,850 $6,034 $15,200
2022 $2,621 $6,647 $6,534 $14,749
2021 $2,516 $6,263 $6,829 $13,682
2020 $1,994 $4,771 $5,581 $12,671
2019 $2,488 $5,720 $6,534 $13,361
2018 $2,694 $5,593 $6,914 $13,347
2017 $2,212 $4,445 $6,618 $13,738
2016 $2,093 $4,016 $5,651 $13,519
2015 $2,439 $4,715 $6,112 $13,398
2014 $3,601 $5,733 $6,857 $13,359
2013 $3,697 $5,834 $7,332 $13,369
2012 $3,732 $6,058 $8,077 $12,987
2011 $3,396 $5,175 $8,646 $13,143
2010 $2,947 $5,125 $7,973 $12,637
2009 $2,271 $4,801 $6,375 $12,261
2008 $2,832 $4,448 $6,185 $12,525
2007 $2,206 $4,243 $6,592 $12,047
2006 $2,104 $4,588 $6,077 $11,250
2005 $1,799 $4,279 $5,837 $10,441
2004 $1,306 $3,992 $5,221 $9,714
2003 $1,017 $3,887 $4,062 $9,139
2002 $906 $3,888 $2,688 $8,792
2001 $855 $3,748 $2,847 $8,428
2000 $1,024 $3,667 $3,218 $8,095
1999 $776 $3,464 $3,242 $7,667
1998 $660 $3,602 $3,310 $7,463
1997 $804 $3,510 $3,700 $7,433
1996 $899 $3,547 $3,618 $7,208
1995 $770 $3,434 $3,856 $6,875
1994 $662 $3,327 $3,489 $6,611
1993 $1,034 $3,550 $3,400 $6,375
1992 $1,164 $3,608 $3,462 $6,275
1991 $1,113 $3,536 $3,243 $6,383
1990 $1,176 $3,437 $3,093 $6,382
1989 $1,033 - $2,727 -
1988 $984 - $2,702 -
1987 $1,052 - $2,586 -
1986 $872 - $2,027 -
1985 $1,049 - $1,839 -
1984 $1,097 - $2,504 -
1983 $1,075 - $2,938 -
1982 $1,131 - $2,717 -
1981 $1,066 - $3,050 -
1980 $933 - $3,029 -
1979 $670 - $2,202 -
1978 $503 - $1,852 -
1977 $448 - $1,671 -
1976 $453 - $1,559 -
1975 $471 - $1,670 -
1974 $370 - $1,656 -
1973 $353 - $1,369 -
1972 $276.3 - $1,038 -
1971 $223.5 - $1,020 -
1970 $196.7 - $952 -
1969 $195.4 - $891 -
1968 $190.8 - $817 -
1967 $185.7 - $779 -
1966 $177.6 - $722 -
1965 $164.2 - $685 -
1964 $158.1 - $646 -
1963 $150.7 - $605 -
1962 $149.6 - $563 -
1961 $139.9 - $546 -
1960 $124.7 - $532 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/congo/south-africa | CC BY

The Congo's GDP per capita is $2,482, ranking 149/197, compared to $6,267 in South Africa, ranking 111/197. Adjusted for purchasing power (GDP per capita PPP), the Congo ranks 148th at $7,026, while South Africa ranks 112th at $15,456.

Economic indicators

Congo South Africa
Gross domestic product
$15.7B
2024
$401B
2024
GDP rank
141/197
2024
40/197
2024
GDP growth
2.58%
2023-2024
0.53%
2023-2024
GDP per capita
$2,482
2024
$6,267
2024
GDP per capita rank
149/197
2024
111/197
2024
GDP per capita, PPP
$7,026
2024
$15,456
2024
GDP per capita PPP rank
148/197
2024
112/197
2024
Government debt
$15.4B
2024
$305B
2024
Debt-to-GDP ratio
98%
2024
76%
2024
Government debt per person
$2,433
2024
$4,761
2024
Government debt per person rank
112/185
2024
83/185
2024
Average annual personal income after taxes
$2,153
2026
$15,431
2026
Market capitalization of domestic companies n/a
$986B
2024
Number of millionaires n/a
90,595
2025
Number of billionaires n/a
7
2025
Income share by richest 10%
37.9%
2011
50.5%
2014
Income share by poorest 10%
1.6%
2011
0.9%
2014
Government expenditure, % of GDP
21.7%
2024
33%
2024
Consumer prices inflation
3.1%
2023-2024
4.36%
2023-2024
Central bank interest rate n/a
6.75%
2025
Unemployment rate
10%
2012
32.3%
2024
Population
6681829
65683993

Spending and national debt comparison by year

Congo
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Congo South Africa
Government spending Government debt Government spending Government debt
2024 21.7% 98% 33% 76%
2023 20.7% 102.9% 32.5% 73.2%
2022 22.8% 93.5% 31.9% 70.7%
2021 20.9% 97.8% 32.7% 68.8%
2020 21.1% 102.5% 34.6% 68.9%
2019 20.2% 77.6% 31.4% 56.1%
2018 17.8% 71.2% 30.2% 51.5%
2017 26.6% 88.5% 29.9% 48.6%
2016 38.8% 84.6% 29.9% 47.1%
2015 41.3% 74.2% 30.2% 45.2%
2014 48.6% 42.3% 29.3% 43.3%
2013 42.4% 33.9% 28.9% 40.4%
2012 30.7% 30.2% 28.6% 37.4%
2011 27.9% 34.4% 28.1% 34.7%
2010 23% 43.5% 28.3% 31.2%
2009 24.4% 83.8% 28.5% 27%
2008 24.2% 69.6% 26% 24%
2007 28.6% 93.8% 24.4% 24.3%
2006 26.6% 94.7% 24.7% 28%
2005 22.1% 99.8% 25.1% 29.6%
2004 24.4% 122.6% 22.7% 30.7%
2003 27% 185.3% 22.6% 31.5%
2002 32.1% 163.5% 22.2% 31.8%
2001 29.1% 180.1% 22.6% 38%
2000 22.6% 145% 22.6% 37.9%
1999 28.8% 0% 26.7% 45.9%
1998 25.1% 0% 27.1% 45.8%
1997 22.2% 0% 27.9% 45.8%
1996 15.7% 0% 28.5% 44.3%
1995 27.6% 0% 27.2% 47%
1994 30.7% 0% 31.3% 46.4%
1993 32.8% 0% 29.1% 39.8%
1992 32.8% 0% 29.8% 34.8%
1991 34.1% 0% 27.8% 34.7%
1990 30.4% 0% 28.7% 31.8%
1989 20.3% 151.7% 29.6% 33.3%
1988 - - 23.9% 30.6%
1987 - - 28% 33.5%
1986 - - 27.8% 32.5%
1985 - - 26.8% 26.3%
1984 - - 25.2% 23.2%
1983 - - 25.1% 28.7%
1982 - - 23.8% 31.3%
1981 - - 23.3% 27.4%
1980 - - 21.8% 33.3%
1979 - - 26.5% 41.9%
1978 - - 26.8% 44.7%
1977 - - 27.3% 45.3%
1976 - - 23% 35%
1975 - - 21.2% 32.8%
1974 - - 19.1% 33.7%
1973 - - 21% 38.2%
1972 - - 22.9% 41.1%
1971 - - 19.9% 41.1%
1970 - - 20% 43.3%
1969 - - 18.8% 44.4%
1968 - - 19.4% 42.7%
1967 - - 18.8% 41.1%
1966 - - 18.3% 41.4%
1965 - - 18.2% 42.7%
1964 - - 11.3% 30%
1963 - - 15.9% 43.4%
1962 - - 15.9% 45.7%
1961 - - 15.7% 52.8%
1960 - - 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/congo/south-africa | CC BY

In 2024, the Congo's government spending was $3.4B, accounting for 21.7% of its GDP, while South Africa spent $132B, or 33% of GDP.

Debt-to-GDP ratio is 98% in the Congo and 76% in South Africa, ranking 25/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Congo

South Africa
1x
Year Deficit/surplus, % of GDP
Congo South Africa
2024 3.62% -5.79%
2023 5.81% -5.55%
2022 8.94% -4.25%
2021 1.63% -5.54%
2020 -1.1% -9.62%
2019 4.3% -5.07%
2018 5.22% -3.73%
2017 -5.57% -4.02%
2016 -14.5% -3.72%
2015 -17.8% -4.37%
2014 -10.7% -3.93%
2013 -2.85% -3.9%
2012 7.24% -4.04%
2011 16.1% -3.7%
2010 15.5% -4.51%
2009 4.76% -4.67%
2008 23.9% -0.49%
2007 8.99% 1.22%
2006 16% 0.81%
2005 13.4% -0.1%
2004 3.33% -1.04%
2003 0.37% -1.59%
2002 -7.34% -0.96%
2001 -0.71% -1.02%
2000 1.05% -1.38%
1999 -4.75% -2.21%
1998 -5.16% -2.56%
1997 3.67% -4.08%
1996 9.2% -4.53%
1995 -6.38% -4.38%
1994 -10.6% -8.09%
1993 -11.3% -8.54%
1992 -12.7% -7.09%
1991 -11.2% -4.85%
1990 -4.1% -3.82%
1989 0.78% -8.3%
1988 - -3.29%
1987 - -6.36%
1986 - -5.69%
1985 - -4.86%
1984 - -5.24%
1983 - -5.3%
1982 - -3.88%
1981 - -3.72%
1980 - -1.91%
1979 - -4.65%
1978 - -5.42%
1977 - -5.52%
1976 - -4.19%
1975 - -2.62%
1974 - -1.5%
1973 - -4.54%
1972 - -5.39%
1971 - -1.96%
1970 - -3.19%
1969 - -3.94%
1968 - -3.38%
1967 - -3.8%
1966 - -3.04%
1965 - -3.15%
1964 - -1.19%
1963 - -2.26%
1962 - -1.4%
1961 - -3.25%
1960 - -2.36%
1959 - -4.4%
1958 - -3.5%
1957 - -2.8%
1956 - -2.12%
1955 - -2.9%
1954 - -2.53%
1953 - -3.72%
1952 - -4.14%
1951 - -0.4%
1950 - -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 - -3.29%
1933 - -3.31%
1932 - -4.72%
1931 - -5.31%
1930 - -5.19%
1929 - -4.41%
1928 - -3.29%
1927 - -3.79%
1926 - -4.76%
1925 - -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 - -4.15%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/congo/south-africa | CC BY

In 2024, the Congo's government surplus, the difference between spending and revenue, was $568M, equivalent to 3.62% of GDP. This compares to South Africa's deficit of $23.2B, or 5.79% of GDP.

Over the past 36 years, the Congo recorded a fiscal deficit in 16 of those years, while South Africa ran a deficit in 34 years. On average, the Congo posted an annual surplus equal to 0.75% of GDP, compared to deficit of 3.87% of GDP for South Africa.

Inflation comparison by year

Inflation
Congo

South Africa
1x
Year Consumer prices inflation
Congo South Africa
2024 3.1% 4.36%
2023 4.3% 6.08%
2022 3% 7.04%
2021 2% 4.62%
2020 1.4% 3.23%
2019 0.4% 4.1%
2018 1.2% 4.51%
2017 0.4% 5.19%
2016 3.2% 6.6%
2015 3.2% 4.52%
2014 0.9% 6.13%
2013 4.6% 5.78%
2012 5% 5.74%
2011 1.8% 5%
2010 0.4% 4.07%
2009 4.3% 7.24%
2008 6% 9.91%
2007 2.6% 6.18%
2006 4.7% 3.24%
2005 2.5% 2.06%
2004 3.7% -0.69%
2003 1.7% 5.68%
2002 3% 9.49%
2001 0.8% 5.7%
2000 0.5% 5.34%
1999 3% 5.18%
1998 2.2% 6.88%
1997 12.7% 8.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/congo/south-africa | CC BY

Over the past 28 years, the Congo has recorded an average annual inflation rate of 2.95%, compared with 5.42% in South Africa. In 2024, inflation was 3.1% in the Congo and 4.36% in South Africa.

Top exports between countries

Congo
Export category Export value
Machinery & equipment $27.8M
Metals $17.3M
Wood & paper products $344K
Processed food, beverages & tobacco $83K
Textiles & consumer goods $46K
Miscellaneous $9K
Raw agricultural goods $9K
Raw materials & minerals $9K
Chemicals & pharma $8K
Animal & marine products $4K
South Africa
Export category Export value
Machinery & equipment $31.3M
Processed food, beverages & tobacco $29.2M
Raw materials & minerals $16M
Raw agricultural goods $7.61M
Chemicals & pharma $6.58M
Metals $4.75M
Textiles & consumer goods $2.91M
Wood & paper products $1.6M
Animal & marine products $413K
Miscellaneous $193K

Balance of trade

Congo South Africa
Current account balance
$1.72B
2021
-$2.58B
2024
Current account balance ranking
48/190
2021
152/190
2024
Current account balance, % of GDP
+11.6%
2021
-0.64%
2024
Goods imports
$2.78B
2021
$99.8B
2024
Goods exports
$7.51B
2021
$112B
2024
Service imports
$1.71B
2021
$20B
2024
Service exports
$240M
2021
$16.1B
2024
Imports of goods and services, % of GDP
40.4%
2024
29.9%
2024
Exports of goods and services, % of GDP
52.8%
2024
31.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Congo South Africa
Economic freedom 48.6 58.6
Economic freedom ranking 169/197 110/197
Property rights 28.7 48.8
Government integrity 13.9 46.7
Judicial effectiveness 15.4 64.6
Tax burden 73.7 65.4
Government spending 85.8 68.4
Fiscal health 80.8 45.3
Business freedom 35.8 67.9
Labor freedom 52.4 70.8
Monetary freedom 78.4 75.8
Trade freedom 52.8 68.8
Investment freedom 35 40
Financial freedom 30 40

Economic freedom comparison by year

Congo
South Africa
1x
Year Economic freedom index
Congo South Africa
2026 48.6 58.6
2025 48.6 57.3
2024 47.8 55.3
2023 48.1 55.7
2022 48.5 56.2
2021 50.7 59.7
2020 41.8 58.8
2019 39.7 58.3
2018 38.9 63
2017 40 62.3
2016 42.8 61.9
2015 42.7 62.6
2014 43.7 62.5
2013 43.5 61.8
2012 43.8 62.7
2011 43.6 62.7
2010 43.2 62.8
2009 45.4 63.8
2008 45.3 63.4
2007 44.4 63.5
2006 43.8 63.7
2005 46.2 62.9
2004 45.9 66.3
2003 47.7 67.1
2002 45.3 64
2001 44.3 63.8
2000 40.6 63.7
1999 41.6 63.3
1998 33.8 64.3
1997 42.2 63.2
1996 40.3 62.5
1995 - 60.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/congo/south-africa | CC BY

The Economic Freedom Index for the Congo is 48.6, ranking 169/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Congo South Africa
Services, % of GDP
45%
2024
63%
2024
Industry, % of GDP
40.1%
2024
24.3%
2024
Agriculture, forestry, and fishing, % of GDP
9.44%
2024
2.81%
2024
GNI, Atlas method
$14.4B
2024
$391B
2024
GNI per capita, PPP
$6,340
2024
$15,150
2024
Total reserves including gold
$715M
2023
$65.4B
2024
Total reserves ranking
148/177
2023
36/177
2024
Net foreign direct investment
$330M
2021
-$3.59B
2024
Net inflows of foreign direct investment
$604M
2024
$2.33B
2024
Net outflows of foreign direct investment
$25.4M
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
7.67%
2024
5.74%
2024
Poverty at national poverty lines
40.9%
2011
55.5%
2014
Gross capital formation, % of GDP
26.8%
2024
14.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/congo/south-africa | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.