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DataBank

Metadata Glossary

CodeCOD
Long NameDemocratic Republic of the Congo
Income GroupLow income
RegionSub-Saharan Africa
Lending categoryIDA
Other groupsHIPC
Currency UnitCongolese franc
Latest household surveyMultiple Indicator Cluster Survey, 2017/18
Special NotesThe World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In this country, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. An alternative estimate (“alternative conversion factor” - PA.NUS.ATLS) is thus calculated as a weighted average of the different exchange rates in use in the country. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. For this country, this applies to the period 1999-2004. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
National accounts base year2005
System of National AccountsCountry uses the 1993 System of National Accounts methodology
SNA price valuationValue added at basic prices (VAB)
PPP survey years2021, 2017, 2011
Balance of Payments Manual in useBPM6
External debt Reporting statusActual
Government Accounting conceptBudgetary central government
IMF data dissemination standardEnhanced General Data Dissemination System (e-GDDS)
Source of most recent Income and expenditure data1-2-3 survey (1-2-3), 2012/13
2-alpha codeCD
WB-2 codeZR
Table NameCongo, Dem. Rep.
Short NameDem. Rep. Congo
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