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| CENTRAL AFRICAN ECONOMY STATS: |
| Top Stats |
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Agriculture > products
cotton, coffee, tobacco, manioc, yams, millet, corn, bananas; timber |
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Aid as % of GDP
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7.9% |
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[38th of 129]
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Debt > External
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$1,153,000,000.00 |
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[125th of 136]
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Distribution of family income > Gini index
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61.3 |
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[2nd of 43]
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Economic freedom
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1.95 |
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[84th of 156]
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Economy > Overview
Subsistence agriculture, together with forestry, remains the backbone of the economy of the Central African Republic (CAR), with more than 70% 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. Distribution of income is extraordinarily unequal. Grants from France and the international community can only partially meet humanitarian needs. |
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Exports
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$146,700,000.00 |
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[147th of 189]
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GDP
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$1,485,972,000.00 |
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[140th of 203]
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GDP > PPP
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$4,443,000,000.00 |
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[142nd of 163]
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GDP > Real growth rate
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4% |
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[125th of 198]
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GDP growth > annual %
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2.2 annual %
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[141st of 187]
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GINI index
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61.33
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[2nd of 40]
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Gross National Income
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$998,561,000.00 |
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[139th of 172]
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Human Development Index
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0.355 |
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[172nd of 178]
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Income category
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Low income |
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Income distribution > Poorest 10%
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0.7% |
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[109th of 114]
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Income distribution > Richest 10%
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47.7% |
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[4th of 114]
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Population under $1 a day
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66.6 |
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[3rd of 59]
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Poverty > Share of all poor people
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0.23 % of world's poor |
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[30th of 80]
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Tourist arrivals
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17,000 |
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[143rd of 152]
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... View all Economy stats
SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; World Development Indicators database and CIA World Factbook; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; ; Human Development Report 2006, United Nations Development Programme; ; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Bank 2002b via backone.pdf; Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling; United Nations World Statistics Pocketbook and Statistical Yearbook
ALTERNATIVE NAMES:
Central African Republic, Republique Centrafricaine, central af. r., central afr. rep., central africa, central african rep.
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