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Central African Republic's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

The Central African Republic ranked 171/197 by economy size with a GDP of $2.75B and 194/197 by GDP per capita at $516. The Central African Republic has $1.67B in government debt, with a debt-to-GDP ratio of 58.3%.

In 2025, the Central African Republic made up 0.002% of the world's economy, compared to 0.008% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $112,155,598 $980,371,514 -
1961 $123,134,583 $1,028,934,744 9.79%
1962 $124,482,774 $990,722,164 1.09%
1963 $129,379,124 $983,717,651 3.93%
1964 $142,025,079 $1,004,182,172 9.77%
1965 $150,574,795 $1,013,697,588 6.02%
1966 $157,930,018 $1,020,233,745 4.88%
1967 $163,820,514 $1,067,946,130 3.73%
1968 $191,767,442 $1,082,941,303 17.1%
1969 $188,039,210 $1,159,738,546 -1.94%
1970 $189,106,529 $1,186,793,864 0.57%
1971 $201,450,800 $1,200,207,037 6.53%
1972 $230,317,883 $1,200,196,629 14.3%
1973 $271,183,082 $1,222,867,623 17.7%
1974 $281,398,706 $1,300,385,612 3.77%
1975 $378,660,016 $1,305,652,006 34.6%
1976 $451,152,461 $1,376,581,800 19.1%
1977 $507,298,148 $1,428,977,737 12.4%
1978 $610,578,632 $1,446,257,442 20.4%
1979 $700,764,748 $1,410,605,203 14.8%
1980 $797,048,199 $1,347,429,290 13.7%
1981 $694,803,623 $1,326,618,708 -12.8%
1982 $748,312,391 $1,428,977,737 7.7%
1983 $658,679,333 $1,312,851,667 -12%
1984 $637,820,670 $1,437,332,673 -3.17%
1985 $864,849,836 $1,493,779,883 35.6%
1986 $1,122,265,013 $1,547,227,017 29.8%
1987 $1,200,991,978 $1,470,809,662 7.02%
1988 $1,264,899,288 $1,495,962,938 5.32%
1989 $1,233,930,281 $1,525,542,171 -2.45%
1990 $1,440,711,459 $1,492,780,725 16.8%
1991 $1,377,374,987 $1,484,532,469 -4.4%
1992 $1,411,917,553 $1,389,164,943 2.51%
1993 $1,278,781,262 $1,393,822,475 -9.43%
1994 $851,174,357 $1,462,119,071 -33.4%
1995 $1,115,389,674 $1,567,392,310 31%
1996 $1,007,791,127 $1,504,695,161 -9.65%
1997 $937,741,513 $1,584,443,042 -6.95%
1998 $967,338,390 $1,658,914,120 3.16%
1999 $999,477,511 $1,718,634,612 3.32%
2000 $916,777,283 $1,675,850,365 -8.27%
2001 $932,648,605 $1,750,672,710 1.73%
2002 $996,068,145 $1,813,986,527 6.8%
2003 $1,142,315,523 $1,716,076,873 14.7%
2004 $1,272,360,517 $1,818,953,694 11.4%
2005 $1,337,894,379 $1,835,473,623 5.15%
2006 $1,461,859,762 $1,923,045,638 9.27%
2007 $1,699,811,295 $2,011,650,636 16.3%
2008 $1,993,407,888 $2,052,972,574 17.3%
2009 $2,067,381,665 $2,229,266,676 3.71%
2010 $2,142,591,540 $2,332,499,968 3.64%
2011 $2,437,982,705 $2,430,339,369 13.8%
2012 $2,510,126,512 $2,553,162,919 2.96%
2013 $1,691,544,110 $1,624,016,454 -32.6%
2014 $1,894,813,389 $1,625,333,053 12%
2015 $1,695,825,714 $1,695,825,714 -10.5%
2016 $1,825,018,145 $1,776,382,809 7.62%
2017 $2,072,349,973 $1,856,804,601 13.6%
2018 $2,220,979,146 $1,927,167,164 7.17%
2019 $2,221,301,351 $1,986,909,346 0.01%
2020 $2,326,720,900 $2,004,791,530 4.75%
2021 $2,516,498,412 $2,024,497,026 8.16%
2022 $2,382,618,615 $2,033,686,257 -5.32%
2023 $2,555,492,086 $2,047,921,418 7.26%
2024 $2,751,544,520 $2,079,451,881 7.67%

Economic Statistics of the Central African Republic

CAR Rank
Gross domestic product
$2.75B
2024
171/197
GDP growth
7.67%
2023-2024
69/196
GDP per capita
$516
2024
194/197
GDP per capita, PPP
$1,264
2024
195/197
Government debt
$1.67B
2024
162/185
Debt-to-GDP ratio
58.3%
2025
87/185
Government debt per person
$313
2024
178/185
Average annual personal income after taxes
$1,261
2025
191/197
Income share by richest 10%
33.1%
2021
29/169
Income share by poorest 10%
2.1%
2021
128/169
Government expenditure, % of GDP
17.9%
2025
173/195
Consumer prices inflation
4.6%
2024-2025
60/195
Unemployment rate
6.9%
2017
65/196
Population
5662456
122/197

Central African Republic's GDP per capita

The Central African Republic has a GDP per capita of $516, ranking 194/197, a GDP per capita based on purchasing power parity (PPP) of $1,264, ranking 195/197, and a median annual after tax income of $1,261, ranking 191/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1960 $65.9 -
1961 $71 -
1962 $70.4 -
1963 $71.8 -
1964 $77.2 -
1965 $80.2 -
1966 $82.3 -
1967 $83.6 -
1968 $95.6 -
1969 $91.7 -
1970 $90.2 -
1971 $94.1 -
1972 $105.5 -
1973 $121.8 -
1974 $124 -
1975 $163.6 -
1976 $192.1 -
1977 $213.8 -
1978 $254.6 -
1979 $289.1 -
1980 $325 -
1981 $280.3 -
1982 $298.4 -
1983 $259.6 -
1984 $248.3 -
1985 $333 -
1986 $426 -
1987 $450 -
1988 $466 -
1989 $443 -
1990 $502 $620
1991 $465 $618
1992 $462 $573
1993 $405 $570
1994 $261.3 $592
1995 $333 $631
1996 $293.3 $601
1997 $265.5 $626
1998 $266.6 $645
1999 $268 $660
2000 $239.2 $640
2001 $238 $668
2002 $248.6 $688
2003 $278.4 $648
2004 $303 $690
2005 $312 $702
2006 $334 $743
2007 $381 $783
2008 $437 $798
2009 $456 $877
2010 $477 $936
2011 $534 $980
2012 $544 $1,062
2013 $364 $710
2014 $410 $699
2015 $366 $769
2016 $387 $826
2017 $432 $884
2018 $455 $906
2019 $449 $985
2020 $463 $1,066
2021 $492 $1,129
2022 $467 $1,218
2023 $496 $1,257
2024 $516 $1,264

Central African Republic's government spending, deficit, and chart

This chart shows the Central African Republic's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 38 years, the Central African Republic recorded a fiscal deficit in 33 years — average annual deficit equal to -2.37% of GDP. In 2024, government spending reached $538M (17.9% of GDP), with a deficit of -1.62%.

The national debt reached $1.67B, ranking 162nd out of 185 countries by total size, with a debt-to-GDP ratio of 58.3%, ranking 87th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1988 21.4% 48.8% -3.72%
1989 19.6% 50.9% -3.25%
1990 22% 44.6% -6.6%
1991 22.6% 55.8% -8%
1992 23.1% 57.4% -7.33%
1993 20.6% 68.2% -5.66%
1994 22.4% 103.4% -7.57%
1995 20.6% 83.8% -4.84%
1996 11.7% 93% -1.06%
1997 14.5% 96.1% -1.57%
1998 18.1% 85.3% 0.001%
1999 18.2% 84.2% -0.5%
2000 17.2% 94.7% -2.01%
2001 14.1% 103.1% -0.88%
2002 16.7% 98.5% -1.19%
2003 12.3% 95.9% -3.06%
2004 13.1% 99.7% -1.74%
2005 16.2% 103% -4.37%
2006 13.4% 46.7% 8.58%
2007 12.9% 47.9% 1.04%
2008 16% 35.8% -1.23%
2009 16% 20.3% -0.54%
2010 17.3% 19.9% -1.35%
2011 14.2% 19.7% -2.15%
2012 14.7% 31.5% -0.78%
2013 13.4% 51.8% -2.3%
2014 18% 62.2% -3.26%
2015 14% 59.8% -0.59%
2016 12.1% 53.9% 1.28%
2017 13.9% 50.3% -1.06%
2018 17.6% 50% -0.97%
2019 16.9% 48.2% 1.42%
2020 25.1% 44.4% -3.36%
2021 19.7% 48.5% -6.02%
2022 17.6% 51% -5.34%
2023 18.1% 58.2% -3.59%
2024 19.5% 60.7% -4.98%
2025 17.9% 58.3% -1.62%

Inflation rate by year

Over the past 20 years, the Central African Republic has had an average annual inflation rate of 4.29%. In 2025, inflation was 4.6%. The bar chart below shows consumer price inflation by year.

Year Inflation
1980 13.3%
1981 14.7%
1982 13.2%
1983 14.6%
1984 2.6%
1985 10.5%
1986 2.4%
1987 -7%
1988 -3.9%
1989 0.6%
1990 -0.2%
1991 -2.8%
1992 -0.8%
1993 -2.9%
1994 24.5%
1995 19.2%
1996 3.8%
1997 1.6%
1998 -2%
1999 -1.6%
2000 3.4%
2001 4.1%
2002 2.3%
2003 4.4%
2004 -2.6%
2005 2.9%
2006 6.9%
2007 0.9%
2008 9.2%
2009 3.6%
2010 1.5%
2011 1.2%
2012 5.9%
2013 4%
2014 17.8%
2015 1.4%
2016 4.9%
2017 4.2%
2018 1.6%
2019 2.8%
2020 0.9%
2021 4.3%
2022 5.6%
2023 3%
2024 1.5%
2025 4.6%

Balance of trade

CAR Rank
Current account balance
-$24.7M
1994
78/189
Current account balance, % of GDP
-2.9%
1994
115/189
Goods imports
$131M
1994
186/188
Goods exports
$146M
1994
170/188
Service imports
$114M
1994
181/188
Service exports
$33.1M
1994
181/188
Imports of goods and services, % of GDP
32.4%
2024
122/180
Exports of goods and services, % of GDP
15.5%
2024
165/193

The Central African Republic's top 10 trading partners

The Central African Republic's biggest trading partner accounting for 21%% of all exports and imports is Cameroon, with a trade balance between the two of -$206M — the Central African Republic exports $145K worth of goods and services to Cameroon and imports $206M.

Below is the list of the top 10 trade partners of the Central African Republic.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 Cameroon $206M 21% $145K $206M Precious metals & jewellery Raw materials & minerals
2 China $192M 19.6% $27K $192M Wood & paper products Raw materials & minerals
3 France $65.7M 6.7% $28K $65.7M Textiles & consumer goods Machinery & equipment
4 Pakistan $63.2M 6.44% $62.2M $1.05M Machinery & equipment Weapons & explosives
5 Tunisia $40.6M 4.14% $40.1M $505K Machinery & equipment Weapons & explosives
6 Japan $38.9M 3.97% $12K $38.9M Machinery & equipment Machinery & equipment
7 India $34.7M 3.54% $1K $34.7M Precious metals & jewellery Chemicals & pharma
8 UAE $33.3M 3.4% $5.88M $27.5M Precious metals & jewellery Machinery & equipment
9 United States $30.4M 3.1% $4.69M $25.7M Metals Raw agricultural goods
10 DR Congo $20.7M 2.11% $0 $20.7M Animal & marine products Raw materials & minerals

Central African Republic's top 10 exports

CAR Rank
Government & miscellaneous services $253M 45/180
Machinery & equipment $126M 124/193
Precious metals & jewellery $44.9M 115/190
Transport & tourism services $32.8M 174/188
Metals $20.6M 144/192
Wood & paper products $11.3M 135/192
Business & finance services $3.92M 179/188
Manufacturing & construction services $1.54M 145/164
Textiles & consumer goods $1.01M 168/193
Processed food, beverages & tobacco $318K 184/192

Central African Republic's top 10 imports

CAR Rank
Machinery & equipment $244M 169/193
Raw materials & minerals $224M 165/193
Transport & tourism services $222M 160/188
Business & finance services $113M 153/188
Chemicals & pharma $87.8M 169/193
Animal & marine products $73.8M 146/193
Processed food, beverages & tobacco $56.5M 179/193
Raw agricultural goods $33.3M 177/193
Textiles & consumer goods $30M 180/193
Metals $17.5M 184/193

Economic freedom indices

CAR Rank
Economic freedom 42.8 184/197
Property rights 6.9 175/182
Government integrity 19.6 175/182
Judicial effectiveness 4 175/182
Tax burden 65.5 158/181
Government spending 89.8 22/180
Fiscal health 53.8 117/181
Business freedom 27.1 180/182
Labor freedom 48.3 150/182
Monetary freedom 72.8 70/180
Trade freedom 50.4 169/181
Investment freedom 45 129/181
Financial freedom 30 135/181

Central African Republic's economic freedom by year

The Central African Republic is ranked 170/180 for economic freedom with a score of 42.8, compared to 92/163 and a score of 56.5 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2002 59.8 - 65.3 88 -
2003 60 - 65.4 92.7 -
2004 57.5 - 65.5 89.5 -
2005 56.5 - 65.3 92.4 -
2006 54.2 - 58.8 95 -
2007 50.6 - 65.6 94.4 -
2008 48.6 - 65.5 91.6 -
2009 48.3 - 65.4 94 -
2010 48.4 - 65.5 94.1 -
2011 49.3 - 65.4 92.8 -
2012 50.3 - 65.2 92.9 -
2013 50.4 - 65.1 92.4 -
2014 46.7 - 65.1 92.6 -
2015 45.9 - 65 92 -
2016 45.2 - 65.7 93.6 -
2017 51.8 33 65.8 94.1 84.1
2018 49.2 28.2 64.6 94.6 96.4
2019 49.1 29.6 65.2 94.2 94.3
2020 50.7 31.7 65.5 93.5 95.3
2021 48.8 28.2 65.3 92.2 95.4
2022 45.7 12.3 65.3 88.1 95.2
2023 43.8 16.9 65.4 87.3 84.2
2024 41.3 4.8 65.3 87 56.1
2025 42.8 4 65.5 89.8 53.8

More economic indicators

CAR Rank
Services, % of GDP
40.5%
2024
176/191
Industry, % of GDP
17.8%
2024
145/194
Agriculture, forestry, and fishing, % of GDP
32.5%
2024
11/193
GNI, Atlas method
$2.75B
2024
169/194
GNI per capita, PPP
$1,340
2024
189/191
Total reserves including gold
$480M
2023
158/177
Net foreign direct investment
$3.6M
1994
39/188
Net inflows of foreign direct investment
$40.4M
2024
156/193
Net outflows of foreign direct investment
$1.29K
2002
152/187
Servicing debt to the IMF, % of GNI
1.41%
2023
102/119
Poverty at national poverty lines
68.8%
2021
3/176
Gross capital formation, % of GDP
15.4%
2024
157/176

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GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.