4 GeoFroggy

CENTRAL AFRICAN REPUBLIC

Continent:

Geography

People &
Society

Government

Economy

Energy

Communications

Military &
Security

Transportation

Terrorism

Transnational Issues
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Economy Overview

Kimberley Process participants partially lifted the ban on diamond exports from the country in 2015, but persistent insecurity will prevent GDP from recovering to its pre-2013 level.

Agriculture Products

cotton, coffee, tobacco, cassava (manioc, tapioca), yams, millet, corn, bananas; timber

Industries

gold and diamond mining, logging, brewing, sugar refining

Industrial Production Growth Rate

4% (2015 est.)

Labor Force

2.358 million (2015 est.)

Unemployment Rate

8% (2001 est.)

Population Below Poverty Line

NA%

Household Income or Consumption by Percentage Share

Lowest 10%: 2.1%

Highest 10%: 33% (2003)

Distribution of Family Income Gini Index

61.3 (1993)

Budget

Revenues: $176.2 million

Expenditures: $255.1 million (2015 est.)

Central Bank Discount Rate

4.75% (31 December 2008)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$376.7 million (31 December 2014 est.)

Stock of Broad Money

$454.7 million (31 December 2014 est.)

Stock of Domestic Credit

$457.8 million (31 December 2014 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

Debt External

$657.4 million (31 December 2014 est.)

Stock of Direct Foreign Investment at Home

Stock of Direct Foreign Investment Abroad

Exchange Rates

471.87 (2011 est.)
Year

GDP Official Exchange Rate

  • $1.605 billion 2015 est.

Taxes and Other Revenues

  • 11% of GDP (2015 est.)

Budget Surplus or Deficit

  • -4.9% of GDP (2015 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

    $2.864 billion (2013 est.)

GDP Real Growth Rate

    -36% (2013 est.)

GDP Per Capital

    $600 (2013 est.)

Gross National Saving

    5.7% of GDP (2013 est.)

GDP Composition by end Use

  • Household consumption
    109.6%
  • Government consumption
    8.8%
  • Investment in fixed capital
    10.4%
  • Investment in inventories
    0.1%
  • Exports of goods and services
    13.5%
  • Imports of goods and services
    -42.4% (2015 est.)

GDP Composition by Sector of Origin

  • Agriculture
    58.3%
  • Industry
    11.9%
  • Services
    29.8% (2015 est.)

Inflation Rate Consumer Prices

    11.6% (2014 est.)

Current Account Balance

    -$95 million (2014 est.)

Exports

    $76.7 million (2014 est.)

Exports Partners

  • Norway
    52.2%
  • China
    14.1%
  • Democratic
    Republic

Exports Commodities

    Diamonds, timber, cotton, coffee

Imports

    $401.3 million (2014 est.)

Imports Partners

  • Norway
    39.6%
  • France
    6.8%
  • US
    4.6%

Imports Commodities

    Food, textiles, petroleum products, machinery, electrical equipment, motor vehicles, chemicals, pharmaceuticals
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