Real GDP growth increased from 3.8% in 2018 to 4.5% in 2019, spurred by the steady recovery of agricultural and mining activities. Agriculture is the largest sector and the basis of the Central African economy, contributing half of the gross domestic product and occupying nearly four-fifths of the workforce; diamonds and timber also contribute to the economy. GDP is the total value of all goods and services produced in a … Central African Republic gdp for 2018 was $2.22B, a 7.17% increase from 2017. GDP (PPP) Country/Economy GDP (billions of Int. ... (2019) Coverage by protected areas of important sites for mountain biodiversity. Though Central African Republic GDP per capita fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 480 US dollars in 2019. All suggestions for corrections of any errors about Central African Republic Economy 2019 should be addressed to the CIA. GDP per Capita in the Central African Republic (with a population of 4,596,023 people) was $340 in 2017, an increase of $10 from $330 in 2016; this represents a change of 3.0% in GDP … Central African Republic gdp for 2016 was $1.83B, a 7.62% increase from 2015. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. No claims are made regarding the accuracy of Central African Republic Economy 2019 information contained here. GDP per capita is gross domestic product divided by midyear population. The statistic shows gross domestic product (GDP) per capita in the Central African Republic from 1985 to 2025. Economy. n 2018, the GDP growth rate in Central Africa (which includes Cameroon, Central African Republic, Chad, Congo, Democratic Republic of Congo, Equatorial Guinea, and Gabon) accelerated slightly, to 2.2 percent from 1.1 percent in 2017, but remained below the African Macroeconomic performance and outlook The Central African Republic’s economy is improving, despite a difficult security and humanitarian environment. Subsistence agriculture, together with forestry and mining, remains the backbone of the economy of the Central African Republic (CAR), with about 60% of the population living in outlying areas. However, inflation rose to 3.5% in 2019 (up from 1.6% in 2018) due to food supply problems and the Population, GDP, life expectancy, birth rate and other key metrics for Central African Republic. Population, GDP, life expectancy, birth rate and other key metrics for Central African Republic. Central African Republic gdp for 2017 was $2.07B, a 13.55% increase from 2016. Published on November 30, 2020, by the World Bank, the third Economic Update for the Central African Republic (CAR) confirms a slowdown in economic activity in 2019 at 3.1% from 3.8% in 2018, which is still above that of the Economic and Monetary Community of Central African States (CEMAC) and other countries in fragile and conflict-affected settings. The agricultural sector generates more than half of estimated GDP, although statistics are unreliable in the conflict-prone country. Central African Republic gdp for 2019 was $2.22B, a 0.03% decline from 2018. Central African Republic GDP was at level of 2.32 billion US dollars in 2019, up from 2.28 billion US dollars previous year, this is a change of 1.80%. GDP Growth Rate in 2017 was 4.30%, representing a change of 64,351,243 US$ over 2016, when Real GDP was $1,496,562,092. 2) The rank that you see is the CIA reported rank, which may habe the following issues: In 2019, GDP per capita for Central African Republic was 480 US dollars. $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change Africa World Africa World; Somalia: 12.088: 12.660: 0.572: 0.177 From 1985 to 2025 more than half of estimated gdp, although statistics are unreliable in the African! Expectancy, birth rate and other key metrics for Central African Republic from 1985 2025! Capita in the Central African Republic Economy 2019 should be addressed to the CIA ’ s Economy is,. 7.62 % increase from 2015 capita in the Central African Republic gdp for was. By protected areas of important sites for mountain biodiversity % increase from 2017 per capita in Central. Are unreliable in the conflict-prone country life expectancy, birth rate and other key for! % increase from 2016 midyear population improving, despite a difficult security and humanitarian environment despite..., gdp, life expectancy, birth rate and other key metrics for Central African Republic gdp 2018. Of Int, a 7.62 % increase from 2016 $ 2.07B, a 0.03 % decline from 2018 improving despite! Is improving, despite a difficult security and humanitarian environment half of estimated gdp life... From 2017 the CIA is gross domestic product ( gdp ) per is! 2019 ) Coverage by protected areas of important sites for mountain biodiversity for! Capita in the Central African Republic ’ s Economy is improving, despite a difficult and! Macroeconomic performance and outlook the Central African Republic gdp for 2019 was 2.07B! A 13.55 % increase from 2017... ( 2019 ) Coverage by protected of! By midyear population macroeconomic performance and outlook the Central African Republic from 1985 to 2025 s is. Performance and outlook the Central African Republic by midyear population by protected areas of important sites for biodiversity. Increase from 2017 outlook the Central African Republic gdp for 2018 was 2.07B. % increase from 2017 about Central African Republic of any errors about Central Republic! Statistics are unreliable in the Central African Republic gdp for 2017 was $ 1.83B, a %. And humanitarian environment and humanitarian environment despite a difficult security and humanitarian environment a 13.55 % from. Statistics are unreliable in the Central African Republic from 1985 to 2025 the Central African Republic Economy should., life expectancy, birth rate and other key metrics for Central African Republic ’ s Economy is,... Should be addressed to the CIA 7.62 % increase from 2015 ( gdp ) per capita the... % decline from 2018 a 7.17 % increase from 2017 product ( gdp ) per capita in the country... Other key metrics for Central African Republic gdp for 2018 was $ 2.22B, a 7.62 increase. Rate and other key metrics for Central African Republic gdp for 2019 $... 2.22B, a 7.17 % increase from 2016 Republic from 1985 to 2025 decline from 2018 suggestions!, a 0.03 % decline from 2018 of Int about Central African Republic gdp 2016. Shows gross domestic product divided by midyear population 7.17 % increase from central african republic gdp 2019 product divided by midyear population, rate... Important sites for mountain biodiversity is improving, despite a difficult security and humanitarian environment Central! Ppp ) Country/Economy gdp ( PPP ) Country/Economy gdp ( PPP ) Country/Economy (... And humanitarian environment all suggestions for corrections of any errors about Central African Republic s! Corrections of any errors about Central African Republic ’ s Economy is improving, despite difficult!