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TOOL · GROSS COST

How much would a basic income cost in Democratic Republic of the Congo?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 57,033,055child population 48,756,676year 2023World Bank WDI

GROSS ANNUAL COST

781,549 million

in CDFCDF 781,549,372,800

Equal to 0.5% of reference GDP

Population covered: 105,789,731 people

Adults: 57,033,055 × CDF 800 × 12 = CDF 547,517,328,000

Children: 48,756,676 × CDF 400 × 12 = CDF 234,032,044,800

CDF 547,517,328,000 + CDF 234,032,044,800 = CDF 781,549,372,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $69,843,655,425 · World Bank WDI

Currency CDF · exchange rate 2,340.0357 CDF/USD (2023)

Converted cost $333,990,362 for the GDP share.