MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Central African Republic
flag — Central African Republic
Nation by Nation

Central African Republic

Economy

$2.8 billion
GDP
World Bank · 2024
$516
GDP / Capita
World Bank · 2024
+1.5%
GDP Growth
World Bank · 2024
6.3%
Unemployment
World Bank · 2024

The Central African Republic is one of the world's poorest and least developed countries despite rich natural resources, its economy wrecked by decades of instability, coups, and civil war.

Most people depend on subsistence farming, while diamonds, gold, and timber are exploited amid conflict; the country relies heavily on foreign aid and peacekeepers.

Key Sectors

The economy rests on subsistence agriculture and forestry, with diamonds, gold, and timber as the main resources, much of their trade disrupted or illicit due to conflict.

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