Information | |
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has gloss | eng: The economy of the Republic of the Congo is a mixture of village agriculture and handicrafts, an industrial sector based largely on petroleum extraction, support services, and a government characterized by budget problems and overstaffing. The Congos growing petroleum sector is by far the countrys major revenue earner. In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. However, the government has mortgaged a substantial portion of its oil earnings, contributing to the governments shortage of revenues. The Congolese oil sector is dominated by the French parastatal oil company Elf Aquitaine, which accounts for 70% of the countrys annual oil production. In second position is the Italian oil firm Agip. Chevron, independent CMS Nomeco, and Exxon Mobil are among the American companies active in petroleum exploration or production. Following recent discoveries and oil fields currently under development, Congo's oil production is expected to continue to rise significantly in the next few years. |
lexicalization | eng: Economy of the republic of the congo |
instance of | e/Economy of Africa |
Meaning | |
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German | |
lexicalization | deu: Wirtschaft |
Ido | |
lexicalization | ido: Ekonomio di Republiko Kongo |
Indonesian | |
lexicalization | ind: Ekonomi Republik Kongo |
Korean | |
lexicalization | kor: 콩고 공화국의 경제 |
Dutch | |
lexicalization | nld: Economie van Congo-Brazzaville |
Occitan (post 1500) | |
lexicalization | oci: Economia de la Republica de Còngo |
Portuguese | |
lexicalization | por: Economia da República do Congo |
Russian | |
has gloss | rus: Республика Конго — страна, где большая часть населения занята в сельском хозяйстве. |
lexicalization | rus: Экономика Республики Конго |
Slovak | |
lexicalization | slk: Ekonomika v Kongu |
Castilian | |
has gloss | spa: DATOS ECONÓMICOS BÁSICOS de la República del Congo. |
lexicalization | spa: Economia de la Republica del Congo |
lexicalization | spa: Economía de la República del Congo |
Turkish | |
lexicalization | tur: Kongo Cumhuriyeti ekonomisi |
Ukrainian | |
has gloss | ukr: Економіка Республіки Конго |
lexicalization | ukr: Економіка Республіки Конго |
Media | |
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media:img | Koeh-090.jpg |
media:img | Logging in Northern Republic of Congo.jpg |
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