Central African Republic

Central African Republic Economic Outlook

  • Despite a downward revision, real GDP in 2016 was estimated to have increased by 5.1%, buoyed by recovery in extractive industries.
  • The country is experiencing a degree of macroeconomic stability and taking measures to implement structural reforms, but the authorities still do not have control of the entire territory and people still fall victim to violence.
  • Due to recurring political crises, the development of entrepreneurship, industry and the private sector is extremely risky and unattractive, even for Central Africans.

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Key Facts

Flag:
Capital: Bangui
Area: 623,000 sq km
Total Population 2017: 5.1 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 1.9 Billion
GNI Per Capita 2015: US$ 320
Inflation Rate: 3.61%
Crude Birth Rate (per 1000): 32.70%
Human Development Index (rank / 188): 188
Human Development Index (scale 0 to 1): 0.352
Membership Date: 25/08/1970
Cumulative Approvals (1967-2016): UA 254.4 Million

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Resources



Contacts

Bureau National de la République Centrafricaine - Bureau fermé temporairement

Groupe de la Banque africaine de Développement
Rue Joseph Degrain (Stade Municipal)
Sainte Sophie Résidences
BP 324
Bangui, RCA

Mr. Modibo Sangare, Représentant Résident

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51