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Economy of DR Congo vs Nicaragua compared: GDP & Debt

Updated on by Georank team

The DR Congo has a GDP of $70.7B compared to $19.7B for Nicaragua, ranking 87/197 and 131/197 by economy size, respectively.

The DR Congo has $13.7B in government debt (16.3% of GDP), compared to $7.7B (38.4% of GDP) in Nicaragua.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

DR Congo
GDP, current $

GDP, constant 2015 $
Nicaragua
GDP, current $

GDP, constant 2015 $
Year GDP
DR Congo Nicaragua
Current $ Constant $ Current $ Constant $
1960 $3,359,404,118 $19,168,015,352 $227,223,322 $2,980,615,374
1961 $3,086,746,857 $17,088,021,918 $244,144,237 $3,204,094,266
1962 $3,779,841,429 $20,710,801,757 $269,283,804 $3,553,045,711
1963 $6,213,185,743 $21,790,660,917 $297,324,163 $3,939,101,155
1964 $2,881,545,273 $21,258,920,074 $347,119,918 $4,399,916,078
1965 $4,043,901,818 $21,470,945,657 $564,290,020 $4,819,014,941
1966 $4,532,660,182 $22,925,706,424 $607,140,010 $4,978,097,197
1967 $3,384,063,372 $22,699,718,873 $657,140,011 $5,325,046,369
1968 $3,909,780,539 $23,683,229,244 $692,859,985 $5,396,559,615
1969 $5,032,434,970 $25,892,599,200 $750,000,003 $5,733,181,025
1970 $4,877,684,910 $25,829,147,683 $778,569,939 $5,810,798,354
1971 $5,594,770,359 $27,380,192,668 $828,569,953 $6,002,831,090
1972 $6,173,712,814 $27,421,573,863 $878,570,045 $6,136,137,334
1973 $7,870,239,461 $29,652,942,981 $1,092,900,015 $6,529,894,124
1974 $9,596,960,180 $30,581,253,827 $1,521,400,012 $7,456,644,457
1975 $10,237,343,174 $29,057,808,604 $1,581,599,959 $7,445,217,381
1976 $9,648,583,225 $27,515,128,941 $1,836,899,999 $7,833,072,593
1977 $12,344,424,764 $27,724,462,281 $2,226,999,874 $8,488,581,747
1978 $15,372,608,002 $26,242,508,948 $2,127,699,979 $7,823,178,770
1979 $15,068,422,236 $26,355,374,899 $1,567,599,982 $5,751,695,781
1980 $14,394,927,495 $26,933,852,428 $2,144,300,006 $6,016,948,592
1981 $12,537,821,038 $27,566,939,114 $2,474,700,227 $6,339,655,005
1982 $13,651,667,371 $27,440,771,406 $2,454,499,872 $6,287,900,476
1983 $11,006,712,650 $27,828,153,788 $2,753,100,058 $6,577,974,632
1984 $7,857,729,193 $29,370,132,388 $3,117,599,872 $6,474,957,371
1985 $7,195,042,616 $29,507,540,832 $2,683,699,935 $6,210,659,228
1986 $8,095,367,168 $30,899,473,397 $2,885,799,994 $6,147,477,622
1987 $7,661,625,473 $31,726,232,824 $3,851,200,118 $6,104,054,733
1988 $8,861,299,977 $31,875,467,102 $2,630,900,096 $5,344,110,782
1989 $9,021,862,775 $31,471,907,548 $1,013,184,756 $5,251,218,576
1990 $9,349,764,580 $29,404,734,879 $1,009,455,484 $5,248,461,701
1991 $9,625,436,873 $26,928,547,012 $1,488,804,124 $5,238,527,334
1992 $8,227,343,907 $24,101,047,269 $1,792,800,000 $5,258,766,205
1993 $10,706,259,937 $20,854,865,032 $1,756,454,248 $5,238,102,617
1994 $5,820,382,248 $20,041,525,963 $3,863,185,119 $5,412,936,136
1995 $5,643,439,376 $20,181,816,410 $4,140,470,000 $5,732,943,937
1996 $5,771,456,952 $19,975,321,586 $4,308,351,903 $6,096,657,285
1997 $6,090,838,693 $18,853,298,464 $4,389,973,490 $6,338,490,398
1998 $6,217,805,821 $18,547,091,854 $4,635,347,386 $6,573,754,971
1999 $4,711,259,427 $17,755,104,912 $4,856,026,259 $7,036,282,429
2000 $19,088,046,306 $16,528,062,517 $5,109,587,050 $7,324,881,903
2001 $7,438,189,100 $16,180,944,606 $5,351,752,034 $7,541,760,192
2002 $8,728,038,525 $16,657,920,858 $5,223,727,303 $7,598,620,454
2003 $8,937,567,060 $17,587,070,084 $5,322,228,351 $7,790,161,380
2004 $10,297,483,481 $18,772,152,630 $5,792,932,838 $8,203,988,040
2005 $11,964,484,466 $19,923,852,569 $6,321,324,279 $8,555,315,487
2006 $14,451,901,696 $20,983,996,693 $6,763,672,381 $8,910,613,085
2007 $16,737,071,816 $22,297,485,300 $7,423,375,015 $9,362,947,173
2008 $19,788,515,590 $23,685,703,159 $8,496,967,597 $9,684,631,534
2009 $18,648,372,553 $24,361,945,146 $8,298,702,489 $9,365,749,046
2010 $21,565,721,045 $26,093,586,500 $8,758,602,233 $9,778,787,862
2011 $25,839,749,199 $27,887,434,695 $9,774,329,333 $10,396,483,140
2012 $29,306,235,285 $29,863,789,011 $10,532,017,232 $11,071,852,873
2013 $32,679,745,048 $32,396,822,645 $10,982,988,249 $11,617,373,487
2014 $35,909,040,926 $35,464,895,084 $11,880,438,824 $12,173,318,264
2015 $37,917,706,497 $37,917,706,497 $12,756,696,261 $12,756,696,261
2016 $37,134,801,555 $38,827,503,534 $13,286,093,388 $13,338,803,114
2017 $38,019,264,795 $40,274,584,268 $13,785,893,007 $13,956,550,775
2018 $47,568,210,010 $42,619,016,591 $13,025,221,974 $13,487,142,195
2019 $51,775,829,877 $44,487,659,679 $12,699,023,614 $13,096,437,236
2020 $48,716,961,860 $45,259,708,654 $12,726,422,432 $12,803,529,948
2021 $55,328,482,784 $48,065,880,295 $14,209,020,362 $14,142,060,837
2022 $65,801,547,756 $52,355,494,716 $15,634,572,502 $14,644,146,346
2023 $67,006,756,666 $56,862,826,231 $17,805,842,284 $15,292,551,635
2024 $70,749,355,652 $60,658,948,871 $19,693,982,968 $15,841,222,425

Economic indicators

DR Congo Nicaragua
Gross domestic product
$70.7B
2024
$19.7B
2024
GDP rank
87/197
2024
131/197
2024
GDP growth
5.59%
2023-2024
10.6%
2023-2024
GDP per capita
$647
2024
$2,848
2024
GDP per capita rank
189/197
2024
141/197
2024
GDP per capita, PPP
$1,710
2024
$8,709
2024
Government debt
$13.7B
2024
$7.7B
2024
Debt-to-GDP ratio
16.3%
2025
38.4%
2025
Government debt per person
$125
2024
$1,114
2024
Government debt per person rank
183/185
2024
139/185
2024
Average annual personal income after taxes
$1,758
2025
$2,445
2025
Income share by richest 10%
35.7%
2020
37.2%
2014
Income share by poorest 10%
2.1%
2020
2%
2014
Government expenditure, % of GDP
17.4%
2025
27.2%
2025
Consumer prices inflation
2.89%
2015-2016
2%
2024-2025
Central bank interest rate
25%
2023
6.5%
2024
Unemployment rate
1.47%
2020
5.2%
2018
Population
115740092
7079664

GDP per capita in DR Congo vs Nicaragua

The DR Congo's GDP per capita is $647, ranking 189/197, compared to $2,848 in Nicaragua, ranking 141/197. Adjusted for purchasing power (GDP per capita PPP), the DR Congo ranks 191st at $1,710, while Nicaragua ranks 135th at $8,709.

DR Congo
GDP per capita

GDP per capita, PPP
Nicaragua
GDP per capita

GDP per capita, PPP
Year Current $
DR Congo Nicaragua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $220.1 - $127.5 -
1961 $197.1 - $132.9 -
1962 $235.1 - $142.3 -
1963 $376 - $152.5 -
1964 $169.9 - $172.7 -
1965 $232 - $272.3 -
1966 $252.8 - $284 -
1967 $183.3 - $297.9 -
1968 $205.6 - $304 -
1969 $257.1 - $319 -
1970 $242.2 - $321 -
1971 $270.3 - $331 -
1972 $290.5 - $341 -
1973 $361 - $413 -
1974 $428 - $557 -
1975 $445 - $561 -
1976 $408 - $633 -
1977 $509 - $744 -
1978 $615 - $691 -
1979 $582 - $495 -
1980 $539 - $659 -
1981 $456 - $740 -
1982 $482 - $714 -
1983 $376 - $780 -
1984 $259.8 - $861 -
1985 $230.1 - $724 -
1986 $250.9 - $761 -
1987 $230.1 - $992 -
1988 $257.7 - $662 -
1989 $254.2 - $249.2 -
1990 $254.9 $832 $242.5 $1,979
1991 $253.8 $762 $350 $1,995
1992 $209.7 $674 $411 $2,003
1993 $263.3 $576 $394 $1,998
1994 $136.5 $540 $849 $2,064
1995 $127 $532 $892 $2,187
1996 $127.4 $526 $911 $2,325
1997 $132.3 $497 $913 $2,418
1998 $131.5 $481 $949 $2,497
1999 $96.3 $452 $980 $2,672
2000 $378 $417 $1,017 $2,806
2001 $142.7 $404 $1,052 $2,917
2002 $162.4 $410 $1,014 $2,948
2003 $161.5 $428 $1,021 $3,046
2004 $180.7 $456 $1,099 $3,255
2005 $203.6 $484 $1,183 $3,456
2006 $238.4 $509 $1,248 $3,658
2007 $267.9 $539 $1,350 $3,891
2008 $307 $567 $1,524 $4,044
2009 $280.8 $569 $1,467 $3,880
2010 $315 $597 $1,527 $4,042
2011 $365 $630 $1,680 $4,325
2012 $400 $632 $1,785 $4,508
2013 $431 $712 $1,835 $4,711
2014 $458 $805 $1,958 $5,068
2015 $468 $859 $2,074 $5,449
2016 $442 $914 $2,132 $5,882
2017 $437 $1,003 $2,183 $6,225
2018 $528 $1,069 $2,035 $5,935
2019 $557 $1,167 $1,959 $5,981
2020 $508 $1,136 $1,938 $6,274
2021 $558 $1,314 $2,138 $7,119
2022 $643 $1,484 $2,323 $7,797
2023 $633 $1,616 $2,609 $8,320
2024 $647 $1,710 $2,848 $8,709

Spending and national debt comparison

In 2024, the DR Congo's government spending was $12.6B, accounting for 17.4% of its GDP, while Nicaragua's spent $5.14B, or 27.2% of GDP.

Debt-to-GDP ratio is 16.3% in the DR Congo and 38.4% in Nicaragua, ranking 175/185 and 140/185, respectively.

DR Congo
Government spending

Government debt
Nicaragua
Government spending

Government debt
Year % of GDP
DR Congo Nicaragua
Government spending Government debt Government spending Government debt
1960 - - 11.2% -
1961 - - 9.93% -
1962 - - 10.6% -
1963 - - 10.5% -
1964 - - 10.2% -
1965 - - 10.9% -
1966 - - 12.2% -
1967 - - 12.7% -
1968 - - 10.9% -
1969 - - 11.1% -
1970 - - 13.2% 35.4%
1971 - - 15.1% 31.6%
1972 - - 15.1% 30.2%
1973 - - 12.8% 32.9%
1974 - - 15.3% 40%
1975 - - 17.5% 57.8%
1976 - - 16.2% 59.5%
1977 - - 19.9% 62.7%
1978 - - 17.7% 76.9%
1979 - - 20.7% 116.3%
1980 - - 30.4% 152.1%
1981 - - 39.3% 149.1%
1982 - - 49.4% 159.1%
1983 - - 33.8% 211.6%
1984 - - 31.9% 198%
1985 - - 29.9% 218%
1986 - - 26.1% 159.2%
1987 - - - 266.6%
1988 - - 24.8% -
1989 - - - -
1990 - - 28.2% -
1991 - - 16.8% -
1992 - - 18.4% -
1993 - - 18.4% -
1994 - - 18.4% -
1995 - - 17.7% -
1996 2.17% - 18% -
1997 2.51% - 17.9% 86.4%
1998 2.78% - 18.5% 86.5%
1999 2.15% - 22.1% 99.8%
2000 2.49% 135% 20.6% 95.2%
2001 4.26% 185.4% 19.2% 87.5%
2002 4.17% 136% 18.7% 110.4%
2003 9.19% 114.5% 20.9% 109.5%
2004 8.11% 164.1% 20.8% 84%
2005 8.28% 112% 21.3% 66.6%
2006 8.45% 107.5% 21.4% 51.2%
2007 8.78% 85.1% 21.5% 30.9%
2008 10.1% 80.3% 21.9% 26%
2009 12.4% 91.6% 22.7% 29.3%
2010 15.4% 31.8% 22.6% 30.3%
2011 13.7% 29.3% 23.5% 28.8%
2012 13.4% 25.1% 24.1% 27.9%
2013 11.9% 23.8% 24.2% 28.8%
2014 12.9% 22.8% 24.6% 28.7%
2015 15.2% 25.5% 25.4% 28.9%
2016 13.9% 33% 26.8% 30.9%
2017 10.4% 23.2% 27.3% 34.7%
2018 11.7% 19.3% 27.7% 39.1%
2019 13.4% 19.4% 27.7% 44.2%
2020 12.6% 24.9% 28.9% 49.2%
2021 14.4% 24.7% 30% 48.4%
2022 18.2% 22.6% 28.6% 45.9%
2023 17.2% 25.1% 26.1% 42.3%
2024 17.8% 19.3% 26.1% 39.1%
2025 17.4% 16.3% 27.2% 38.4%

Government deficit by year

In 2024, the DR Congo's government deficit, the difference between spending and revenue, was -$1.43B, equivalent to -2.02% of GDP. This compares to Nicaragua's surplus of $482M, or 2.45% of GDP.

Over the past 29 years, the DR Congo recorded a fiscal deficit in 19 of those years, while Nicaragua ran a deficit in 14 years. On average, the DR Congo posted an annual deficit equal to -0.57% of GDP, compared to deficit of -0.52% of GDP for Nicaragua.

Deficit/surplus
DR Congo

Nicaragua
Year Deficit/surplus, % of GDP
DR Congo Nicaragua
1960 - -1.28%
1961 - 0.04%
1962 - -0.29%
1963 - 0.75%
1964 - 0.2%
1965 - 0.3%
1966 - -1.04%
1967 - -2.11%
1968 - -1.21%
1969 - -1.57%
1970 - -2.69%
1971 - -2.33%
1972 - -2.61%
1973 - 1.21%
1974 - -1.41%
1975 - -3.53%
1976 - -2.2%
1977 - -5.91%
1978 - -4.44%
1979 - -5.89%
1980 - -6.53%
1981 - -10.6%
1982 - -20.2%
1983 - -15.6%
1984 - -11.8%
1985 - -11.3%
1986 - -7.33%
1987 - -7.33%
1988 - -22.4%
1989 - -9.25%
1990 - -15.2%
1991 - -3.45%
1992 - -3.8%
1993 - -4.66%
1994 - -5.79%
1995 - -4.62%
1996 -0.56% -5%
1997 -1.06% -3.31%
1998 -1.55% -2.88%
1999 -1.35% -6.86%
2000 -1.85% 2.15%
2001 -1.27% 0.34%
2002 0.72% 2.07%
2003 -4.24% 1.3%
2004 -1.09% 1.69%
2005 0.61% 1.72%
2006 0.99% 1.36%
2007 0.41% 1.88%
2008 -0.41% 0.27%
2009 0.92% -0.9%
2010 -0.97% 0.69%
2011 -0.96% 0.59%
2012 1.71% 0.22%
2013 1.76% -0.3%
2014 4.36% -0.89%
2015 0.66% -1.64%
2016 -0.48% -1.92%
2017 0.24% -1.75%
2018 -1.17% -4.35%
2019 -2.63% -1.12%
2020 -3.19% -2.57%
2021 -1.4% -1.26%
2022 -0.91% 0.65%
2023 -1.73% 2.33%
2024 -2.02% 2.45%
2025 -2.58% 0.86%

Inflation comparison by year

Over the past 21 years, the DR Congo has recorded an average annual inflation rate of 97%, compared with 8.4% in Nicaragua. In 2016, inflation was 2.89% in the DR Congo and 2% in Nicaragua.

Inflation
DR Congo

Nicaragua
Year Inflation
DR Congo Nicaragua DR Congo Nicaragua
1996 492% 11.7%
1997 198.5% 9.2%
1998 29.1% 13%
1999 284.9% 11.2%
2000 514% 11.5%
2001 360% 7.4%
2002 31.5% 3.8%
2003 12.9% 5.3%
2004 3.99% 8.5%
2005 21.3% 9.6%
2006 13.1% 9.1%
2007 16.9% 11.1%
2008 17.3% 19.8%
2009 2.8% 3.7%
2010 7.1% 5.5%
2011 15.3% 8.1%
2012 9.72% 7.2%
2013 0.81% 7.1%
2014 1.24% 6%
2015 0.74% 4%
2016 2.89% 3.5%
2017 - 3.9%
2018 - 4.9%
2019 - 5.4%
2020 - 3.7%
2021 - 4.9%
2022 - 10.5%
2023 - 8.4%
2024 - 4.6%
2025 - 2%

Top exports between countries

DR Congo
Export category Export value
Nicaragua
Export category Export value
Processed food, beverages & tobacco $4.39M
Textiles & consumer goods $3K
Miscellaneous $2K

Balance of trade

DR Congo Nicaragua
Current account balance
-$2.72B
2024
$818M
2024
Current account balance ranking
150/189
2024
54/189
2024
Current account balance, % of GDP
-3.84%
2024
+4.15%
2024
Goods imports
$31B
2024
$10.1B
2024
Goods exports
$34.9B
2024
$6.84B
2024
Service imports
$6.14B
2024
$1.31B
2024
Service exports
$322M
2024
$1.3B
2024
Imports of goods and services, % of GDP
50.9%
2024
58.1%
2024
Exports of goods and services, % of GDP
46.6%
2024
40.5%
2024

Economic freedom indices

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

DR Congo Nicaragua
Economic freedom 47.3 54
Economic freedom ranking 177/197 139/197
Property rights 15.6 28.2
Government integrity 11.7 13.6
Judicial effectiveness 12 9.1
Tax burden 74.2 77.7
Government spending 92.4 75.9
Fiscal health 97 95.8
Business freedom 32.8 55.8
Labor freedom 54.4 47.3
Monetary freedom 59.4 66.4
Trade freedom 68.2 68.2
Investment freedom 30 60
Financial freedom 20 50

Economic freedom by year comparison

The Economic Freedom Index for the DR Congo is 47.3, ranking 177/197, compared to 54 for Nicaragua, ranking 139/197. The chart below displays a comparison of annual changes in economic freedom indexes.

DR Congo
Nicaragua
Year Economic freedom index
DR Congo Nicaragua
1995 41.4 42.5
1996 39.5 54.1
1997 39.5 53.3
1998 40.6 53.8
1999 34 54
2000 34.8 56.9
2001 - 58
2002 - 61.1
2003 - 62.6
2004 - 61.4
2005 - 62.5
2006 - 63.8
2007 - 62.7
2008 - 60.8
2009 42.8 59.8
2010 41.4 58.3
2011 40.7 58.8
2012 41.1 57.9
2013 39.6 56.6
2014 40.6 58.4
2015 45 57.6
2016 46.4 58.6
2017 56.4 59.2
2018 52.1 58.9
2019 50.3 57.7
2020 49.5 57.2
2021 49 56.3
2022 47.6 54.8
2023 47.9 54.9
2024 47.6 53.4
2025 47.3 54

More economic indicators

DR Congo Nicaragua
Services, % of GDP
33%
2024
46.8%
2024
Industry, % of GDP
46.6%
2024
27.6%
2024
Agriculture, forestry, and fishing, % of GDP
17.1%
2024
14.4%
2024
GNI, Atlas method
$70.4B
2024
$17.4B
2024
GNI per capita, PPP
$1,650
2024
$8,270
2024
Total reserves including gold
$5.1B
2023
$6.1B
2024
Total reserves ranking
99/177
2023
91/177
2024
Net foreign direct investment
-$2.92B
2024
-$1.28B
2024
Net inflows of foreign direct investment
$2.92B
2024
$1.35B
2024
Net outflows of foreign direct investment
$198M
2024
$73.8M
2024
Servicing debt to the IMF, % of GNI
0.76%
2023
13.8%
2023
Poverty at national poverty lines
56.2%
2020
24.9%
2016
Gross capital formation, % of GDP
33.4%
2024
24.7%
2024

GDP per capita map

GDP per capita

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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.