Economy - overview:
Subsistence agriculture, together with forestry, remains the backbone of the economy of the Central African Republic (CAR), with about 60% of the population living in outlying areas. The agricultural sector generates more than half of GDP. Timber has accounted for about 16% of export earnings and the diamond industry, for 40%. Important constraints to economic development include the CAR's landlocked position, a poor transportation system, a largely unskilled work force, and a legacy of misdirected macroeconomic policies. Factional fighting between the government and its opponents remains a drag on economic revitalization. Since 2009 the IMF has worked closely with the government to institute reforms that have resulted in some improvement in budget transparency, but other problems remain. The government's additional spending in the run-up to the election in 2011 worsened CAR's fiscal situation. Distribution of income is extraordinarily unequal. Grants from France and the international community can only partially meet humanitarian needs. CAR currently lacks an IMF program.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita: GDP - composition by sector: Labor force: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Central African Republic on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Central African Republic Economy 2012 information contained here. All suggestions for corrections of any errors about Central African Republic Economy 2012 should be addressed to the CIA.
$3.672 billion (2011 est.)
country comparison to the world: 171
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$2.3 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
4.1% (2011 est.)
country comparison to the world: 96
[see also: GDP - real growth rate country ranks ]
$800 (2011 est.)
country comparison to the world: 217
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 53.4%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 14.6%
[see also: GDP - composition by sector - industry country ranks ]
services: 32.1% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
1.926 million (2007)
country comparison to the world: 121
[see also: Labor force country ranks ]
8% (2001 est.)
country comparison to the world: 97
note: 23% unemployment for Bangui
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: 2.1%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 33% (2003)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
61.3 (1993)
country comparison to the world: 7
[see also: Distribution of family income - Gini index country ranks ]
12% of GDP (2011 est.)
country comparison to the world: 175
[see also: Investment (gross fixed) country ranks ]
revenues: $355.9 million
[see also: Budget revenues country ranks ]
expenditures: $357.6 million (2011 est.)
[see also: Budget expenditures country ranks ]
15.5% of GDP (2011 est.)
country comparison to the world: 182
[see also: Taxes and other revenues country ranks ]
-0.1% of GDP (2011 est.)
country comparison to the world: 45
[see also: Budget surplus (+) or deficit (-) country ranks ]
2.6% (2011 est.)
country comparison to the world: 35
[see also: Inflation rate (consumer prices) country ranks ]
4.25% (31 December 2009)
country comparison to the world: 76
[see also: Central bank discount rate country ranks ]
15% (31 December 2011 est.)
country comparison to the world: 44
[see also: Commercial bank prime lending rate country ranks ]
$369.4 million (31 December 2011 est.)
country comparison to the world: 169
[see also: Stock of narrow money country ranks ]
$481.9 million (31 December 2011 est.)
country comparison to the world: 178
[see also: Stock of broad money country ranks ]
$492.7 million (31 December 2011 est.)
country comparison to the world: 169
[see also: Stock of domestic credit country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
timber, cotton, coffee, tobacco, manioc (tapioca), yams, millet, corn, bananas; timber
gold and diamond mining, logging, brewing, textiles, footwear, assembly of bicycles and motorcycles
3% (2002)
country comparison to the world: 107
[see also: Industrial production growth rate country ranks ]
160 million kWh (2008 est.)
country comparison to the world: 183
[see also: Electricity - production country ranks ]
148.8 million kWh (2008 est.)
country comparison to the world: 189
[see also: Electricity - consumption country ranks ]
0 kWh (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2009 est.)
[see also: Electricity - imports country ranks ]
0 bbl/day (2010 est.)
country comparison to the world: 162
[see also: Oil - production country ranks ]
2,000 bbl/day (2010 est.)
country comparison to the world: 184
[see also: Oil - consumption country ranks ]
0 bbl/day (2009 est.)
country comparison to the world: 162
[see also: Oil - exports country ranks ]
2,418 bbl/day (2009 est.)
country comparison to the world: 176
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 170
[see also: Natural gas - production country ranks ]
0 cu m (2009 est.)
country comparison to the world: 167
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 82
[see also: Natural gas - exports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 177
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 125
[see also: Natural gas - proved reserves country ranks ]
-$233.2 million (2011 est.)
country comparison to the world: 85
[see also: Current account balance country ranks ]
$168.7 million (2011 est.)
country comparison to the world: 183
[see also: Exports country ranks ]
diamonds, timber, cotton, coffee, tobacco
Belgium 25.6%, China 17.5%, Morocco 12.1%, Democratic Republic of the Congo 8.1%, France 6.1%, Indonesia 4.9% (2010)
$378.1 million (2011 est.)
country comparison to the world: 192
[see also: Imports country ranks ]
food, textiles, petroleum products, machinery, electrical equipment, motor vehicles, chemicals, pharmaceuticals
Netherlands 27.8%, France 11.9%, Cameroon 8.3%, China 5.1% (2010)
$217.2 million (31 December 2011 est.)
country comparison to the world: 164
[see also: Reserves of foreign exchange and gold country ranks ]
$485.8 million (31 December 2011 est.)
country comparison to the world: 167
[see also: Debt - external country ranks ]
Cooperation Financiere en Afrique Centrale francs (XAF) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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