Macroeconomic Forecast Democratic Republic of Congo

May 2008 | Macroeconomic Forecasts

On the back of rapid economic growth, strong FDI inflows, and surging oil prices, we have revised up our current account deficit to 11.8% of GDP in 2008 (up from our previous forecast of 10.9%). More importantly, thanks to the recent investment deal with the Chinese government, we believe that demand for imports will increase even further in 2009 and forecast now a deficit of 18.0% of GDP in 2009.

If you would like to subscribe to East and Central Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to East and Central Africa Monitor please click on the trial link below.