[ Nominal GDP in billions of USD ]
Year -
$2.75 billions
Central African Republic GDP expanded from 1960 to 2024, increasing from $0.11 billion to $2.75 billion.The compound annual growth rate (CAGR) averaged 5.16% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 40.97%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 2.75 Billions | $ 6.73 Int Billions |
| Growth (YoY) | 7.67% | 3.954% |
| Net Change vs Previous Year | $ 0.20 Billion | $ 0.26 Int Billion |
| % of World GDP | 0.00% | 0.00% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.11 | - | - | - | - | - |
| 1961 | 0.12 | 0.01 | 9.789 % | - | - | - |
| 1962 | 0.12 | 0 | 1.095 % | - | - | - |
| 1963 | 0.13 | 0 | 3.933 % | - | - | - |
| 1964 | 0.14 | 0.01 | 9.774 % | - | - | - |
| 1965 | 0.15 | 0.01 | 6.02 % | - | - | - |
| 1966 | 0.16 | 0.01 | 4.885 % | - | - | - |
| 1967 | 0.16 | 0.01 | 3.73 % | - | - | - |
| 1968 | 0.19 | 0.03 | 17.059 % | - | - | - |
| 1969 | 0.19 | 0 | -1.944 % | - | - | - |
| 1970 | 0.19 | 0 | 0.568 % | - | - | - |
| 1971 | 0.2 | 0.01 | 6.528 % | - | - | - |
| 1972 | 0.23 | 0.03 | 14.33 % | - | - | - |
| 1973 | 0.27 | 0.04 | 17.743 % | - | - | - |
| 1974 | 0.28 | 0.01 | 3.767 % | - | - | - |
| 1975 | 0.38 | 0.1 | 34.564 % | - | - | - |
| 1976 | 0.45 | 0.07 | 19.144 % | - | - | - |
| 1977 | 0.51 | 0.06 | 12.445 % | - | - | - |
| 1978 | 0.61 | 0.1 | 20.359 % | - | - | - |
| 1979 | 0.7 | 0.09 | 14.771 % | - | - | - |
| 1980 | 0.8 | 0.1 | 13.74 % | - | - | - |
| 1981 | 0.69 | -0.1 | -12.828 % | - | - | - |
| 1982 | 0.75 | 0.05 | 7.701 % | - | - | - |
| 1983 | 0.66 | -0.09 | -11.978 % | - | - | - |
| 1984 | 0.64 | -0.02 | -3.167 % | - | - | - |
| 1985 | 0.86 | 0.23 | 35.595 % | - | - | - |
| 1986 | 1.12 | 0.26 | 29.764 % | - | - | - |
| 1987 | 1.2 | 0.08 | 7.015 % | - | - | - |
| 1988 | 1.26 | 0.06 | 5.321 % | - | - | - |
| 1989 | 1.23 | -0.03 | -2.448 % | - | - | - |
| 1990 | 1.44 | 0.21 | 16.758 % | 1.78 | - | - |
| 1991 | 1.38 | -0.06 | -4.396 % | 1.83 | 0.05 | 2.811 % |
| 1992 | 1.41 | 0.03 | 2.508 % | 1.75 | -0.08 | -4.292 % |
| 1993 | 1.28 | -0.13 | -9.429 % | 1.8 | 0.05 | 2.714 % |
| 1994 | 0.85 | -0.43 | -33.439 % | 1.93 | 0.13 | 7.14 % |
| 1995 | 1.12 | 0.26 | 31.041 % | 2.11 | 0.18 | 9.448 % |
| 1996 | 1.01 | -0.11 | -9.647 % | 2.06 | -0.05 | -2.243 % |
| 1997 | 0.94 | -0.07 | -6.951 % | 2.21 | 0.15 | 7.116 % |
| 1998 | 0.97 | 0.03 | 3.156 % | 2.34 | 0.13 | 5.877 % |
| 1999 | 1 | 0.03 | 3.322 % | 2.46 | 0.12 | 5.066 % |
| 2000 | 0.92 | -0.08 | -8.274 % | 2.45 | -0.01 | -0.281 % |
| 2001 | 0.93 | 0.02 | 1.731 % | 2.62 | 0.17 | 6.817 % |
| 2002 | 1 | 0.06 | 6.8 % | 2.76 | 0.14 | 5.227 % |
| 2003 | 1.14 | 0.15 | 14.682 % | 2.66 | -0.1 | -3.53 % |
| 2004 | 1.27 | 0.13 | 11.384 % | 2.89 | 0.24 | 8.845 % |
| 2005 | 1.34 | 0.07 | 5.151 % | 3.01 | 0.12 | 4.072 % |
| 2006 | 1.46 | 0.12 | 9.266 % | 3.25 | 0.24 | 8.002 % |
| 2007 | 1.7 | 0.24 | 16.277 % | 3.5 | 0.24 | 7.442 % |
| 2008 | 1.99 | 0.29 | 17.272 % | 3.64 | 0.14 | 4.02 % |
| 2009 | 2.07 | 0.07 | 3.711 % | 3.97 | 0.34 | 9.257 % |
| 2010 | 2.14 | 0.08 | 3.638 % | 4.21 | 0.23 | 5.902 % |
| 2011 | 2.44 | 0.3 | 13.787 % | 4.47 | 0.27 | 6.344 % |
| 2012 | 2.51 | 0.07 | 2.959 % | 4.9 | 0.42 | 9.442 % |
| 2013 | 1.69 | -0.82 | -32.611 % | 3.3 | -1.6 | -32.705 % |
| 2014 | 1.89 | 0.2 | 12.017 % | 3.23 | -0.06 | -1.942 % |
| 2015 | 1.7 | -0.2 | -10.502 % | 3.56 | 0.33 | 10.148 % |
| 2016 | 1.83 | 0.13 | 7.618 % | 3.89 | 0.33 | 9.389 % |
| 2017 | 2.07 | 0.25 | 13.552 % | 4.24 | 0.34 | 8.81 % |
| 2018 | 2.22 | 0.15 | 7.172 % | 4.42 | 0.18 | 4.311 % |
| 2019 | 2.22 | 0 | 0.015 % | 4.87 | 0.45 | 10.196 % |
| 2020 | 2.33 | 0.11 | 4.746 % | 5.36 | 0.49 | 10.064 % |
| 2021 | 2.52 | 0.19 | 8.156 % | 5.77 | 0.41 | 7.639 % |
| 2022 | 2.38 | -0.13 | -5.32 % | 6.21 | 0.44 | 7.616 % |
| 2023 | 2.56 | 0.17 | 7.256 % | 6.48 | 0.27 | 4.324 % |
| 2024 | 2.75 | 0.2 | 7.67 % | 6.73 | 0.26 | 3.954 % |
Between 1960 to 2024, Central African Republic experienced the following economic phases:
The most remarkable growth occurred in 1985 with an increase of 35.595%, while the largest decline was in 1994 at -33.439%.