世界银行-刚果共和国经济更新，第12版：加强生产、人力和自然资本的管理，提高刚果共和国的生活水平（英）

REPUBLIC OF CONGO ECONOMIC UPDATE12TH EDITION | SEPTEMBER 2025Strengthen the management of produced, human, and natural capitalto raise living standards in the Republic of CongoPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized© 2025 International Bank for Reconstruction and Development / The World Bank1818 H Street NW, Washington DC 20433Telephone: 202-473-1000; Internet: www.worldbank.orgSome rights reserved.This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.Rights and PermissionsThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.Attribution: Please cite the work as follows: “World Bank. 2025. Republic of Congo Economic Update, 12th Edition: Strengthen the management of produced, human, and natural capital to raise living standards in the Republic of Congo, DC: World Bank.” All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: pubrights@worldbank.org.REPUBLIC OF CONGO ECONOMIC UPDATE12TH EDITION | SEPTEMBER 2025Strengthen the management of produced, human, and natural capitalto raise living standards in the Republic of Congo45781415 15 1721 2324 24262829 29 30343839 41 41 44 48Table of ContentsAcknowledgementsList of Figures, Tables and BoxesAbbreviations and AcronymsExecutive SummaryCHAPTER 1. Recent Economic Developments and OutlookRecent Economic DevelopmentsGlobal and regional growth remains below pre-pandemic levels and vulnerable in the face of high uncertainty and adverse trade policy shiftsCongo’s economic growth remained modest in 2024, but income per capita rose for the first time since 2015Fiscal balances deterioratedThe debt profile of Congo has changed in recent years, with an increasing share of domestic debt