The Central African Republic's GDP composition reveals a significant reliance on the agriculture sector, contributing 31.9% as of 2023. The industrial sector, encompassing mining, manufacturing, and utilities, follows at 22.39%. Services account for 21.18%, while wholesale, retail trade, restaurants, and hotels represent 17.63%. Transport, storage, and communication come in at 3.82%, and construction lags at 3.08%. Over the past five years, the agricultural and industrial sectors have shown a steady increase, driven by external investments and policy shifts, which have slightly reshaped the GDP landscape. Year-on-year figures reflect resilience mainly in agriculture, with moderate growth in services.
Future trends to watch include:
- The potential expansion of the mining sector, leveraging the country's natural resources.
- Continued development in services, supported by digital infrastructure improvements.
- Shifts in agriculture due to climate change impacts and sustainable practices.
- Economic diversification efforts aiming to bolster industrial output and trade sectors.
Top countries in GDP Composition by Sector
# | 6 Countries | Percent | Last Year | |
---|---|---|---|---|
1 | 1 Agriculture, hunting, forestry, fishing | 31.9 | 2016 | |
2 | 2 Mining, Manufacturing, Utilities | 22.39 | 2016 | |
3 | 3 Services | 21.18 | 2016 | |
4 | 4 Wholesale, retail trade, restaurants and hotels | 17.63 | 2016 | |
5 | 5 Transport, storage and communication | 3.82 | 2016 | |
6 | 6 Construction | 3.08 | 2016 |