Central African Republic

Central African Republic : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$380.1 million (2011 est.)
$313 million (2010 est.)

Exports

$169.2 million (2011 est.)
$152.8 million (2010 est.)

Inflation rate (consumer prices)

1.7% (2011 est.)
1.5% (2010 est.)

Unemployment rate

8% (2001 est.)
note: 23% unemployment in Bangui

GDP - per capita (PPP)

$800 (2011 est.)
$800 (2010 est.)
$800 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.7% (2010 est.)
1.7% (2009 est.)
2% (2008 est.)

Internet users

22,600 (2009)

Telephones - mobile cellular

1.02 million (2009)

Population growth rate

2.142% (2012 est.)

Population

5,057,208 (July 2012 est.)
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 distribution of population by age and sex than would otherwise be expected

Historical background

The former French colony of Ubangi-Shari became the Central African Republic upon independence in 1960.

After three tumultuous decades of misrule - mostly by military governments - civilian rule was established in 1993 and lasted for one decade.

President Ange-Felix PATASSE's civilian government was plagued by unrest, and in March 2003 he was deposed in a military coup led by General Francois BOZIZE, who established a transitional government.

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Central African Republic

Economic 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%.

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Oxford Economics

Country Economic Forecasts > Central African Republic

Country Economic Forecasts > Central African Republic

  • $ 185
  • Country report
  • October 2013
  • by Oxford Economics

President Francois Bozize was forced into exile after a bloody coup by the Seleka alliance in March. New ruler Michel Djotodia, a former Seleka leader, has suspended the constitution, dissolved parliament ...

  • Countries : Central African Republic

The Economist Intelligence Unit

Country Report Central African Republic 2nd Quarter 2014

Country Report Central African Republic 2nd Quarter 2014

  • $ 285
  • Country report
  • June 2014
  • by The Economist Intelligence Unit

Outlook for 2014-15 The outlook for political stability in the Central African Republic (CAR) will remain poor as the new transition authorities led by Catherine Samba-Panza struggle to rein in violence ...

  • Countries : Central African Republic

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