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Financial Sector Overview

The Democratic Republic of the Congo (About this soundpronunciation (help·info) French: République démocratique du Congo [kɔ̃ɡo]), also known as DR Congo, the DRC, Congo-Kinshasa, or simply the Congo, is the southernmost country located in Central Africa. It is sometimes referred to by its former name of Zaire, which was its official name between 1971 and 1997.

The DRC borders the Central African Republic to the north; South Sudan to the northeast; Uganda, Rwanda, Burundi and Tanzania to the east; Zambia to the south; Angola to the southwest; and the Republic of the Congo and the Atlantic Ocean to the west. It is the second-largest country in Africa after Algeria (the largest in Sub-Saharan Africa) by area and the 11th-largest in the world. With a population of over 78 million,[3] the Democratic Republic of the Congo is the most populated officially Francophone country, the fourth-most-populated country in Africa, and the 16th-most-populated country in the world.

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At a Glance

Population in thousands (2017): 81,339.99
GDP per capita (current US$) 2017 - World Average 10,721.61: 462.78
Account (%) age 15+) - (2014 vs 2017): 17% | 26%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.05 | 0.05
Financial Inclusion Strategies: SADC Financial Inclusion Strategy 2016-2021
Domestic credit provided by financial sector (% of GDP) 2017: 8.4
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 15% | 22%
Remittances % of GDP for 2017: 0
Mortgage Interest Rate / Mortgage Term (years): 14.00% | 15

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Latest News & Events

Jul 15, 2019 | Ecofin Agency
Following meetings with the US Departments of Commerce and Treasury, and Citigroup officials, the DRC Banks’ association (Association des Banques e

Latest Publications

Feb 04, 2019 | D. Sackho-Patel, J. Frydrych, N. Kiarie | MicroSave
Jul 31, 2018 | FinMark Trust | FinMark Trust
Jun 30, 2018 | UNHCR, UNCDF | UNHCR
Dec 15, 2017 | A. Koblanck, S. Heitmann, G. Davico | IFC
May 31, 2017 | Cenfri, FinMark Trust, UNCDF | Cenfri, FinMark Trust, UNCDF
May 31, 2017 | M. Thom, B. Cooper, J. Weideman et al. | Cenfri, FinMark Trust, UNCDF