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The Gross Domestic Product per capita in Central African Republic was last recorded at 384.80 US dollars in 2018. GDP Growth Rate in 2017 was 4.30%, representing a change of 64,351,243 US$ over 2016, …
The GDP per Capita in Central African Republic is equivalent to 3 percent of the world's average. The CAR covers a land area of about 620,000 square kilometres (240,000 sq mi) and had an estimated population of around 4.7 million as of 2018 . HCI and GDP Per Capita PPP (log scale, horizontal axis) ... Central African Republic. The GDP value of Central African Republic represents less than 0.01 percent of the world economy. Public spending increased to 16.3% of GDP in 2018, in tandem with a rise in expenditure on goods and services. The Central African Republic’s economic freedom score is 50.7, making its economy the 159th freest in the 2020 Index. The Gross Domestic Product (GDP) in Central African Republic was worth 2.22 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. GDP per capita in Central African Republic averaged 502.56 USD from 1960 until 2018, reaching an all time high of 642.80 USD in 1977 and a record low of 336.10 USD in 2014. Gross Domestic Product of Central African Republic grew 3.8% in 2018 compared to last … At 9% of GDP in 2018, the Central African Republic still has one of the lowest domestic revenue-to-GDP ratios in Sub-Saharan Africa.
It is bordered by Chad to the north, Sudan to the northeast, South Sudan to the southeast, the Democratic Republic of the Congo to the south, the Republic of the Congo to the southwest and Cameroon to the west. The economy of the Central African Republic is one of the world's least developed, with an estimated annual per capita income of just $805 as measured by purchasing power parity in 2019. According to the second economic update for the Central African Republic (CAR) published on January 23, 2020 by the World Bank, the economic outlook for 2019 and 2020 is positive despite risks and uncertainty related to the fragile security situation and the implementation of the peace agreement. As of 2020 , the CAR is the scene of a civil war, ongoing since 2012.
The Central African Republic is a landlocked country in Central Africa.