Annual broad money growth in Congo
Congo: Annual broad money growth was 9.6% in 2023. ◆ Volatile
Annual broad money growth in Congo, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Congo recorded 9.6% for annual broad money growth in 2023.
That represents a change of up 7.8% on the previous year and up 818.1% over ten years.
Over the whole period, annual broad money growth in Congo peaked at 58.5% in 2000 and was at its lowest, -29.2%, in 2001.
Congo ranks 69th of 164 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Congo, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 58.5% | — |
| 2001 | -29.2% | -150.0% |
| 2002 | 12.7% | -143.4% |
| 2003 | -1.8% | -113.8% |
| 2004 | 20.0% | -1241.7% |
| 2005 | 34.2% | +71.2% |
| 2006 | 47.1% | +37.7% |
| 2007 | 16.6% | -64.8% |
| 2008 | 33.0% | +99.1% |
| 2009 | 4.9% | -85.1% |
| 2010 | 31.9% | +550.7% |
| 2011 | 38.0% | +19.0% |
| 2012 | 19.9% | -47.8% |
| 2013 | 1.1% | -94.7% |
| 2014 | 13.8% | +1215.2% |
| 2015 | -11.5% | -183.3% |
| 2016 | -15.0% | +30.6% |
| 2017 | -11.6% | -23.1% |
| 2018 | -6.0% | -48.0% |
| 2019 | 14.0% | -332.9% |
| 2020 | 14.1% | +0.8% |
| 2021 | 7.3% | -48.1% |
| 2022 | 8.9% | +22.0% |
| 2023 | 9.6% | +7.8% |
Congo compared with similar countries
- Congo's 9.6% is below the median for lower middle income countries, which is 9.8%, 98% of the median. (46 countries reporting)
- Congo's 9.6% is above the median for Sub-Saharan Africa, which is 9.3%, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Annual broad money growth 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 | +1241.7% | -1.8% | 20.0% |
| 2014 | +1215.2% | 1.1% | 13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.6% | -29.2% | 58.5% | 10 |
| 2010s | 7.5% | -15.0% | 38.0% | 10 |
| 2020s | 10.0% | 7.3% | 14.1% | 4 |
Countries ranked near Congo
More economy & growth data for Congo
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.79 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.01 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 25.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.01 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 603.62 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -3.65 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0384 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 6.03 % change on previous year (2024)
Frequently asked questions
- What is annual broad money growth in Congo?
- Annual broad money growth in Congo was 9.6% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest annual broad money growth recorded in Congo?
- The highest recorded value was 58.5% in 2000.
- What is the lowest annual broad money growth recorded in Congo?
- The lowest recorded value was -29.2% in 2001.
- How does Congo rank for annual broad money growth?
- Congo ranks 69th out of 164 countries with data for 2023.
- Is annual broad money growth rising or falling in Congo?
- Over the last ten years it is up 818.1%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual broad money growth (%).