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Economy of DR Congo vs Mongolia compared: GDP & Debt

Updated on by Georank team

The DR Congo has a GDP of $71B compared to $23.8B for Mongolia, ranking 87/197 and 121/197 by economy size, respectively.

The DR Congo has $16B in government debt (22.5% of GDP), compared to $10.5B (44.1% of GDP) in Mongolia.

DR Congo vs Mongolia GDP by year

DR Congo
Mongolia
1x
Year GDP, current $
DR Congo Mongolia
2024 $70,962,185,791 $23,794,540,025
2023 $69,843,655,425 $20,325,121,394
2022 $70,422,346,142 $17,146,471,714
2021 $59,067,289,574 $15,286,441,738
2020 $46,691,989,749 $13,312,981,429
2019 $46,845,900,350 $14,206,359,018
2018 $46,659,954,092 $13,178,094,720
2017 $37,537,521,566 $11,480,847,741
2016 $38,600,224,214 $11,181,350,649
2015 $40,179,574,490 $11,619,892,591
2014 $38,352,980,553 $12,226,514,668
2013 $34,891,189,160 $12,582,122,604
2012 $30,029,369,929 $12,292,770,632
2011 $26,392,379,642 $10,409,797,378
2010 $24,161,641,931 $7,189,481,999
2009 $18,607,259,481 $4,583,850,368
2008 $22,723,488,723 $5,623,216,608
2007 $18,374,807,773 $4,234,999,704
2006 $15,484,044,535 $3,414,055,662
2005 $12,609,728,573 $2,523,471,601
2004 $10,297,483,481 $1,992,066,808
2003 $8,937,567,060 $1,595,297,356
2002 $8,728,038,525 $1,396,555,720
2001 $7,438,189,100 $1,267,997,934
2000 $19,088,046,306 $1,136,896,124
1999 $4,711,259,427 $1,057,408,589
1998 $6,217,805,821 $1,124,440,205
1997 $6,090,838,693 $1,180,934,203
1996 $5,771,456,952 $1,345,719,472
1995 $5,643,439,376 $1,452,165,005
1994 $5,820,382,248 $925,817,092
1993 $10,706,259,937 $768,401,634
1992 $8,227,343,907 $1,317,611,864
1991 $9,625,436,873 $2,379,018,326
1990 $9,349,764,580 $2,560,785,660
1989 $9,021,862,775 $3,576,966,800
1988 $8,861,299,977 $3,204,461,567
1987 $7,661,625,473 $3,020,611,600
1986 $8,095,367,168 $2,896,178,867
1985 $7,195,042,616 $2,186,505,475
1984 $7,857,729,193 $2,098,734,600
1983 $11,006,712,650 $2,725,736,633
1982 $13,651,667,371 $2,552,401,933
1981 $12,537,821,038 $2,310,099,100
1980 $14,394,927,495 $2,101,394,100
1979 $15,068,422,236 -
1978 $15,372,608,002 -
1977 $12,344,424,764 -
1976 $9,648,583,225 -
1975 $10,237,343,174 -
1974 $9,596,960,180 -
1973 $7,870,239,461 -
1972 $6,173,712,814 -
1971 $5,594,770,359 -
1970 $4,877,684,910 -
1969 $5,032,434,970 -
1968 $3,909,780,539 -
1967 $3,384,063,372 -
1966 $4,532,660,182 -
1965 $4,043,901,818 -
1964 $2,881,545,273 -
1963 $6,213,185,743 -
1962 $3,779,841,429 -
1961 $3,086,746,857 -
1960 $3,359,404,118 -

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

GeoRank.org/economy/dr-congo/mongolia | CC BY

GDP per capita in DR Congo vs Mongolia by year

DR Congo
GDP per capita

GDP per capita, PPP
Mongolia
GDP per capita

GDP per capita, PPP
1x
Year Current $
DR Congo Mongolia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $649 $1,821 $6,751 $19,145
2023 $660 $1,731 $5,839 $18,005
2022 $688 $1,590 $4,994 $16,402
2021 $596 $1,402 $4,518 $14,792
2020 $486 $1,089 $4,001 $13,693
2019 $504 $1,056 $4,348 $13,605
2018 $518 $1,049 $4,108 $12,317
2017 $431 $991 $3,646 $11,096
2016 $460 $950 $3,620 $10,511
2015 $496 $910 $3,839 $10,458
2014 $489 $859 $4,126 $10,900
2013 $460 $761 $4,340 $10,442
2012 $410 $648 $4,329 $10,152
2011 $373 $644 $3,736 $8,862
2010 $352 $606 $2,625 $7,532
2009 $280.2 $573 $1,703 $7,119
2008 $353 $584 $2,127 $7,297
2007 $294.1 $550 $1,628 $6,678
2006 $255.4 $508 $1,330 $5,977
2005 $214.5 $484 $995 $5,406
2004 $180.7 $456 $794 $4,942
2003 $161.5 $428 $643 $4,399
2002 $162.4 $410 $570 $4,083
2001 $142.7 $404 $524 $3,889
2000 $378 $417 $476 $3,740
1999 $96.3 $452 $449 $3,664
1998 $131.5 $481 $484 $3,555
1997 $132.3 $497 $515 $3,449
1996 $127.4 $526 $596 $3,310
1995 $127 $532 $653 $3,229
1994 $136.5 $540 $423 $3,021
1993 $263.3 $576 $355 $2,929
1992 $209.7 $674 $608 $2,951
1991 $253.8 $762 $1,099 $3,183
1990 $254.9 $832 $1,220 $3,479
1989 $254.2 - $1,684 -
1988 $257.7 - $1,543 -
1987 $230.1 - $1,493 -
1986 $250.9 - $1,469 -
1985 $230.1 - $1,138 -
1984 $259.8 - $1,120 -
1983 $376 - $1,490 -
1982 $482 - $1,430 -
1981 $456 - $1,325 -
1980 $539 - $1,235 -
1979 $582 - - -
1978 $615 - - -
1977 $509 - - -
1976 $408 - - -
1975 $445 - - -
1974 $428 - - -
1973 $361 - - -
1972 $290.5 - - -
1971 $270.3 - - -
1970 $242.2 - - -
1969 $257.1 - - -
1968 $205.6 - - -
1967 $183.3 - - -
1966 $252.8 - - -
1965 $232 - - -
1964 $169.9 - - -
1963 $376 - - -
1962 $235.1 - - -
1961 $197.1 - - -
1960 $220.1 - - -

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

GeoRank.org/economy/dr-congo/mongolia | CC BY

The DR Congo's GDP per capita is $649, ranking 190/197, compared to $6,751 in Mongolia, ranking 105/197. Adjusted for purchasing power (GDP per capita PPP), the DR Congo ranks 190th at $1,821, while Mongolia ranks 98th at $19,145.

Economic indicators

DR Congo Mongolia
Gross domestic product
$71B
2024
$23.8B
2024
GDP rank
87/197
2024
121/197
2024
GDP growth
6.13%
2023-2024
5.12%
2023-2024
GDP per capita
$649
2024
$6,751
2024
GDP per capita rank
190/197
2024
105/197
2024
GDP per capita, PPP
$1,821
2024
$19,145
2024
GDP per capita PPP rank
190/197
2024
98/197
2024
Government debt
$16B
2024
$10.5B
2024
Debt-to-GDP ratio
22.5%
2024
44.1%
2024
Government debt per person
$146.4
2024
$2,974
2024
Government debt per person rank
183/185
2024
101/185
2024
Average annual personal income after taxes
$1,693
2026
$5,311
2026
Income share by richest 10%
35.7%
2020
24.6%
2022
Income share by poorest 10%
2.1%
2020
3.4%
2022
Government expenditure, % of GDP
16.7%
2024
37.5%
2024
Consumer prices inflation
2.89%
2015-2016
6.2%
2023-2024
Central bank interest rate
17.5%
2025
12%
2025
Unemployment rate
1.47%
2020
5.81%
2024
Population
117507801
3620317

Spending and national debt comparison by year

DR Congo
Spending

Debt
Mongolia
Spending

Debt
1x
Year % of GDP
DR Congo Mongolia
Government spending Government debt Government spending Government debt
2024 16.7% 22.5% 37.5% 44.1%
2023 16.5% 27% 31.9% 46.7%
2022 18.3% 23.8% 33.7% 64.6%
2021 13.8% 25.3% 35.9% 67.4%
2020 12.1% 23.7% 37.1% 83.4%
2019 14% 19.4% 30.8% 66.8%
2018 11.9% 19.3% 28.4% 76.5%
2017 10.7% 23.2% 32.2% 86.9%
2016 14.3% 33% 39.7% 78.7%
2015 16% 25.5% 31.2% 50.5%
2014 13.7% 22.8% 32.1% 44%
2013 11.9% 23.8% 32.2% 49.4%
2012 13.4% 25.1% 36.1% 43.7%
2011 13.7% 29.3% 37.9% 32.7%
2010 15.4% 31.8% 31.6% 31%
2009 12.4% 91.6% 35.5% 48.5%
2008 10.1% 80.3% 37.6% 31%
2007 8.07% 85.1% 35.3% 36.1%
2006 7.47% 107.5% 26.2% 40.9%
2005 7.59% 112% 25.1% 55.9%
2004 7.18% 164.1% 31.8% 75%
2003 8.87% 114.5% 33.7% 90%
2002 4.17% 136% 35.5% 72%
2001 4.16% 185.4% 35.2% 69.2%
2000 2.49% 135% 34.5% 79.3%
1999 2.15% - 33.2% 103.7%
1998 2.78% - 36.2% 77.5%
1997 2.51% - 30.8% 61%
1996 2.17% - 28.6% 49.7%
1995 - - 26.6% 40.2%
1994 - - 32.2% 57.6%
1993 - - 38.3% 57.8%
1992 - - 29.1% 29.3%
1991 - - 46% -
1990 - - 51.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–2005, retrieved 2026-02-20).

GeoRank.org/economy/dr-congo/mongolia | CC BY

In 2024, the DR Congo's government spending was $11.9B, accounting for 16.7% of its GDP, while Mongolia spent $8.92B, or 37.5% of GDP.

Debt-to-GDP ratio is 22.5% in the DR Congo and 44.1% in Mongolia, ranking 172/185 and 122/185, respectively.

Government deficit by year

Deficit/surplus
DR Congo

Mongolia
1x
Year Deficit/surplus, % of GDP
DR Congo Mongolia
2024 -1.48% 1.39%
2023 -1.65% 2.73%
2022 -1.01% 0.67%
2021 -1.68% -3.05%
2020 -3.17% -9.24%
2019 -3.17% 1%
2018 -1.34% 2.85%
2017 -0.05% -3.72%
2016 -0.93% -15.3%
2015 -1.35% -5.04%
2014 3.73% -3.73%
2013 3.28% -0.93%
2012 1.71% -6.24%
2011 -0.94% -4.01%
2010 -0.95% 0.43%
2009 0.92% -5.2%
2008 -0.41% -4.52%
2007 1.12% 2.64%
2006 1.97% 7.58%
2005 1.3% 2.43%
2004 -0.17% -1.62%
2003 -3.92% -3.38%
2002 0.89% -4.74%
2001 -1.13% -4.33%
2000 -1.85% -5.82%
1999 -1.35% -9.91%
1998 -1.55% -12.3%
1997 -1.06% -8.09%
1996 -0.56% -6.88%
1995 - -4.97%
1994 - -9.74%
1993 - -13.3%
1992 - -8.1%
1991 - -6.37%
1990 - -9.37%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/dr-congo/mongolia | CC BY

In 2024, the DR Congo's government deficit, the difference between spending and revenue, was $1.05B, equivalent to 1.48% of GDP. This compares to Mongolia's surplus of $332M, or 1.39% of GDP.

Over the past 29 years, the DR Congo recorded a fiscal deficit in 21 of those years, while Mongolia ran a deficit in 20 years. On average, the DR Congo posted an annual deficit equal to 0.51% of GDP, compared to deficit of 3.32% of GDP for Mongolia.

Inflation comparison by year

Inflation
DR Congo

Mongolia
1x
Year Consumer prices inflation
DR Congo Mongolia
2024 - 6.2%
2023 - 10.4%
2022 - 15.1%
2021 - 7.4%
2020 - 3.7%
2019 - 7.3%
2018 - 6.8%
2017 - 4.3%
2016 2.89% 0.8%
2015 0.74% 6.8%
2014 1.24% 12.9%
2013 0.81% 10.6%
2012 9.72% 13.8%
2011 15.3% 8.8%
2010 7.1% 8.3%
2009 2.8% 7.6%
2008 17.3% 28%
2007 16.9% 9.6%
2006 13.1% 4.4%
2005 21.3% 12.6%
2004 3.99% 8.3%
2003 12.9% 5.2%
2002 31.5% 0.9%
2001 360% 6.4%
2000 514% 11.3%
1999 284.9% 7.6%
1998 29.1% 9.5%
1997 198.5% 30%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2016, retrieved 2026-04-06).

GeoRank.org/economy/dr-congo/mongolia | CC BY

Over the past 20 years, the DR Congo has recorded an average annual inflation rate of 77.2%, compared with 10.2% in Mongolia. In 2016, inflation was 2.89% in the DR Congo and 6.2% in Mongolia.

Balance of trade

DR Congo Mongolia
Current account balance
-$2.72B
2024
-$2.49B
2024
Current account balance ranking
153/190
2024
149/190
2024
Current account balance, % of GDP
-3.83%
2024
-10.4%
2024
Goods imports
$31B
2024
$11.7B
2024
Goods exports
$34.9B
2024
$14.7B
2024
Service imports
$6.14B
2024
$4.92B
2024
Service exports
$322M
2024
$1.6B
2024
Imports of goods and services, % of GDP
51.8%
2024
69.7%
2024
Exports of goods and services, % of GDP
48.8%
2024
68.7%
2024

Economic freedom indices

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

DR Congo Mongolia
Economic freedom 47 63.9
Economic freedom ranking 176/197 76/197
Property rights 15.4 49.2
Government integrity 12.8 35.8
Judicial effectiveness 11.7 54.9
Tax burden 73.8 83.7
Government spending 91.2 64.6
Fiscal health 95.9 96.1
Business freedom 32.3 68.4
Labor freedom 54.2 68.2
Monetary freedom 58.6 72.1
Trade freedom 68.2 74.4
Investment freedom 30 50
Financial freedom 20 50

Economic freedom comparison by year

DR Congo
Mongolia
1x
Year Economic freedom index
DR Congo Mongolia
2026 47 63.9
2025 47.3 62.6
2024 47.6 60.6
2023 47.9 61.7
2022 47.6 63.9
2021 49 62.4
2020 49.5 55.9
2019 50.3 55.4
2018 52.1 55.7
2017 56.4 54.8
2016 46.4 59.4
2015 45 59.2
2014 40.6 58.9
2013 39.6 61.7
2012 41.1 61.5
2011 40.7 59.5
2010 41.4 60
2009 42.8 62.8
2008 - 63.6
2007 - 60.3
2006 - 62.4
2005 - 59.7
2004 - 56.5
2003 - 57.7
2002 - 56.7
2001 - 56
2000 34.8 58.5
1999 34 58.6
1998 40.6 57.3
1997 39.5 52.9
1996 39.5 47.4
1995 41.4 47.8

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

GeoRank.org/economy/dr-congo/mongolia | CC BY

The Economic Freedom Index for the DR Congo is 47, ranking 176/197, compared to 63.9 for Mongolia, ranking 76/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

DR Congo Mongolia
Services, % of GDP
46.6%
2024
44.3%
2024
Industry, % of GDP
39.9%
2024
38.1%
2024
Agriculture, forestry, and fishing, % of GDP
9.64%
2024
7.29%
2024
GNI, Atlas method
$72.7B
2024
$19B
2024
GNI per capita, PPP
$1,760
2024
$17,000
2024
Total reserves including gold
$5.1B
2023
$5.51B
2024
Total reserves ranking
99/177
2023
95/177
2024
Net foreign direct investment
-$2.92B
2024
-$2.73B
2024
Net inflows of foreign direct investment
$2.92B
2024
$2.78B
2024
Net outflows of foreign direct investment
$198M
2024
$55.5M
2024
Servicing debt to the IMF, % of GNI
0.69%
2024
25.7%
2024
Poverty at national poverty lines
56.2%
2020
27.1%
2022
Gross capital formation, % of GDP
32.5%
2024
35.5%
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/dr-congo/mongolia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1992–2005, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.