21, Nov 2009, CST. Welcome to the Central African Republic economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Central African Republic › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 4511488 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the dis
Area: total: 622,984 sq km land: 622,984 sq km water: 0 sq km
Natural Resources: diamonds, uranium, timber, gold, oil, hydropower
Government Type: Central African Republic government type
Government Ministers: Central African Republic ministers
Capital: Bangui
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

Subsistence Agriculture, fisheries and farming, together with forestry, remains the foundation of its economy of the Central African Republic (CAR), with more than 70 per cent of the general populace living in outlying areas. The agricultural, agrarian, fisheries and farming sector generates more than half of Gross Domestic Product (GDP). Timber has accounted for approximately 16 per cent of export revenues and the diamond industry, for 40 per cent. Important constraints to economic progress include the CAR's landlocked position, a poor transportation system, a largely unskilled labour force, and a legacy of misdirected economic policy. Factional fighting between the state 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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GDP (Constant Prices, National Currency) for Central African Republic in year 2008 is XAF 688.099 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Central African Republic in year 2008 is 2.2 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Central African Republic in year 2008 is XAF 890.269 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Central African Republic in year 2008 is US$ 1.997 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Deflator for Central African Republic in year 2008 is 129.381 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Central African Republic in year 2008 is XAF 158,000.05 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Central African Republic in year 2008 is XAF 204,421.85 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Central African Republic in year 2008 is US$ 458.644 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

Output Gap, Percent of Potential GDP for Central African Republic in year 2008 is not available

GDP (PPP), US Dollars for Central African Republic in year 2008 is US$ 3.217 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Per Capita (PPP), US Dollars for Central African Republic in year 2008 is US$ 738.673 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Share of World Total (PPP) for Central African Republic in year 2008 is 0.005 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Implied PPP Conversion Rate for Central African Republic in year 2008 is 276.742 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Investment (% of GDP) for Central African Republic in year 2008 is not available

Gross National Savings (% of GDP) for Central African Republic in year 2008 is not available

Inflation, Average Consumer Prices (Indexed to Year 2000) for Central African Republic in year 2008 is 131.19 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Central African Republic in year 2008 is 9.262 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Central African Republic in year 2008 is 135.124 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Central African Republic in year 2008 is 12.991 %. Data for inflation are end of the period, not annual average data.

Six-month London Interbank Offered Rate (LIBOR) Change % for Central African Republic in year 2008 is not available

Unemployment Rate (% of Labour Force) for Central African Republic in year 2008 is not available

Employment for Central African Republic in year 2008 is not available

Population for Central African Republic in year 2008 is 4.355 Million .

General Government Balance (National Currency) for Central African Republic in year 2008 is not available

General Government Balance (% of GDP) for Central African Republic in year 2008 is not available

General Government Structural Balance (National Currency) for Central African Republic in year 2008 is not available

General Government Structural Balance (% Potential GDP) for Central African Republic in year 2008 is not available

General Government Net Debt (National Currency) for Central African Republic in year 2008 is not available

General Government Net Debt (% GDP) for Central African Republic in year 2008 is not available

General Government Gross Debt (National Currency) for Central African Republic in year 2008 is not available

General Government Gross Debt (% GDP) for Central African Republic in year 2008 is not available

Current Account Balance (US Dollars) for Central African Republic in year 2008 is US$ -0.171 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.

Current Account Balance (% GDP) for Central African Republic in year 2008 is -8.555 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.