Belgian Congo Katanga
The depression severely hurt the export-based Belgian Congo economy because of the drop in international demand for raw materials and for agricultural products. For example, the price of peanuts fell from 125 to 25 centimes. In some areas, as in the Katanga mining region, employment declined by 70%. In the country as a whole, the wage labour force decreased by 72,000 and many men returned to their villages. In Leopoldville, the population decreased by 33%, because of this labour migration.
