Use of IMF credit in Congo
Congo: Use of IMF credit was 728.96 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Congo, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Congo stood at 728.96 million DOD, current US$. That is the highest value across all 55 years on record.
That represents a change of up 3.2% on the previous year and up 443.9% over ten years.
Over the whole period, use of imf credit in Congo peaked at 728.96 million DOD, current US$ in 2024 and was at its lowest, 0 DOD, current US$, in 1970.
That places Congo 69th out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Congo, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 0 DOD, current US$ | — |
| 1971 | 0 DOD, current US$ | — |
| 1972 | 0 DOD, current US$ | — |
| 1973 | 0 DOD, current US$ | — |
| 1974 | 0 DOD, current US$ | — |
| 1975 | 0 DOD, current US$ | — |
| 1976 | 0 DOD, current US$ | — |
| 1977 | 11.35 million DOD, current US$ | — |
| 1978 | 21.73 million DOD, current US$ | +91.5% |
| 1979 | 28.42 million DOD, current US$ | +30.8% |
| 1980 | 22.25 million DOD, current US$ | -21.7% |
| 1981 | 14.79 million DOD, current US$ | -33.6% |
| 1982 | 13.94 million DOD, current US$ | -5.7% |
| 1983 | 12.85 million DOD, current US$ | -7.8% |
| 1984 | 10.97 million DOD, current US$ | -14.6% |
| 1985 | 9.95 million DOD, current US$ | -9.3% |
| 1986 | 19.60 million DOD, current US$ | +97.0% |
| 1987 | 19.24 million DOD, current US$ | -1.9% |
| 1988 | 15.33 million DOD, current US$ | -20.3% |
| 1989 | 11.51 million DOD, current US$ | -24.9% |
| 1990 | 10.83 million DOD, current US$ | -5.9% |
| 1991 | 5.72 million DOD, current US$ | -47.2% |
| 1992 | 5.50 million DOD, current US$ | -3.9% |
| 1993 | 4.81 million DOD, current US$ | -12.6% |
| 1994 | 20.44 million DOD, current US$ | +325.1% |
| 1995 | 18.58 million DOD, current US$ | -9.1% |
| 1996 | 37.96 million DOD, current US$ | +104.3% |
| 1997 | 33.51 million DOD, current US$ | -11.7% |
| 1998 | 34.16 million DOD, current US$ | +1.9% |
| 1999 | 42.35 million DOD, current US$ | +24.0% |
| 2000 | 53.98 million DOD, current US$ | +27.5% |
| 2001 | 50.93 million DOD, current US$ | -5.7% |
| 2002 | 46.40 million DOD, current US$ | -8.9% |
| 2003 | 42.55 million DOD, current US$ | -8.3% |
| 2004 | 44.14 million DOD, current US$ | +3.8% |
| 2005 | 40.33 million DOD, current US$ | -8.6% |
| 2006 | 50.09 million DOD, current US$ | +24.2% |
| 2007 | 52.62 million DOD, current US$ | +5.0% |
| 2008 | 53.15 million DOD, current US$ | +1.0% |
| 2009 | 167.58 million DOD, current US$ | +215.3% |
| 2010 | 149.65 million DOD, current US$ | -10.7% |
| 2011 | 154.75 million DOD, current US$ | +3.4% |
| 2012 | 152.39 million DOD, current US$ | -1.5% |
| 2013 | 147.85 million DOD, current US$ | -3.0% |
| 2014 | 134.02 million DOD, current US$ | -9.4% |
| 2015 | 122.82 million DOD, current US$ | -8.4% |
| 2016 | 115.58 million DOD, current US$ | -5.9% |
| 2017 | 120.03 million DOD, current US$ | +3.9% |
| 2018 | 114.86 million DOD, current US$ | -4.3% |
| 2019 | 157.17 million DOD, current US$ | +36.8% |
| 2020 | 162.31 million DOD, current US$ | +3.3% |
| 2021 | 374.19 million DOD, current US$ | +130.5% |
| 2022 | 528.29 million DOD, current US$ | +41.2% |
| 2023 | 706.47 million DOD, current US$ | +33.7% |
| 2024 | 728.96 million DOD, current US$ | +3.2% |
Congo compared with similar countries
- Congo's 728.96 million DOD, current US$ is below the median for lower middle income countries, which is 1.04 billion DOD, current US$, 70% of the median. (43 countries reporting)
- Congo's 728.96 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 842.15 million DOD, current US$, 87% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Congo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +325.1% | 4.81 million DOD, current US$ | 20.44 million DOD, current US$ |
| 2009 | +215.3% | 53.15 million DOD, current US$ | 167.58 million DOD, current US$ |
| 2021 | +130.5% | 162.31 million DOD, current US$ | 374.19 million DOD, current US$ |
| 1996 | +104.3% | 18.58 million DOD, current US$ | 37.96 million DOD, current US$ |
| 1986 | +97.0% | 9.95 million DOD, current US$ | 19.60 million DOD, current US$ |
| 1978 | +91.5% | 11.35 million DOD, current US$ | 21.73 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.15 million DOD, current US$ | 0 DOD, current US$ | 28.42 million DOD, current US$ | 10 |
| 1980s | 15.04 million DOD, current US$ | 9.95 million DOD, current US$ | 22.25 million DOD, current US$ | 10 |
| 1990s | 21.38 million DOD, current US$ | 4.81 million DOD, current US$ | 42.35 million DOD, current US$ | 10 |
| 2000s | 60.18 million DOD, current US$ | 40.33 million DOD, current US$ | 167.58 million DOD, current US$ | 10 |
| 2010s | 136.91 million DOD, current US$ | 114.86 million DOD, current US$ | 157.17 million DOD, current US$ | 10 |
| 2020s | 500.04 million DOD, current US$ | 162.31 million DOD, current US$ | 728.96 million DOD, current US$ | 5 |
Countries ranked near Congo
- 66 Niger 751.58 million DOD, current US$ compare
- 67 Nepal 744.41 million DOD, current US$ compare
- 68 Syria 731.08 million DOD, current US$ compare
- 70 Bosnia and Herzegovina 703.58 million DOD, current US$ compare
- 71 Azerbaijan 689.89 million DOD, current US$ compare
- 72 Liberia 680.45 million DOD, current US$ compare
More external debt data for Congo
- IFC, private nonguaranteed -786,306 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.1242 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 28.85 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 7.4% (2024)
- Net financial flows, IDA 87.32 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 13.79 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0056 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 60.55 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2021)
Frequently asked questions
- What is use of imf credit in Congo?
- Use of imf credit in Congo was 728.96 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Congo?
- The highest recorded value was 728.96 million DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Congo?
- The lowest recorded value was 0 DOD, current US$ in 1970.
- How does Congo rank for use of imf credit?
- Congo ranks 69th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Congo?
- Over the last ten years it is up 443.9%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.