Central African Republic GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Central African Republic's GDP changed from approximately $714M in 1980 to $2B 810M in 2024, showing an overall 293.6% sharply increased during the period.
The lowest GDP was recorded in 1984 at $670M, and the highest in 2024 at $2B 810M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.2%.
For comparison, the average annual growth rate of Chad was 6.9%, and that of Democratic Republic of the Congo was 0.2%.

Central African Republic GDP from 1980 to 2024

The total market value of goods and services produced annually in Central African Republic.

Change Chart

    Overview of Central African Republic's GDP (1980–2024)

    The Gross Domestic Product (GDP) of Central African Republic recorded a 293.6% sharply increased from 1980 to 2024.
    The average GDP during this period was $1B 538M, and the median was $1B 413M.
    GDP fluctuated within a range of $2B 140M, with a standard deviation of $623M 698K.
    The average annual change was $40M 774K.


    Highest and Lowest GDP Records

    • Lowest GDP: 1984, $670M
    • Highest GDP: 2024, $2B 810M
    • Most Recent GDP: 2024, $2B 810M

    Notable Annual GDP Changes

    • 2011: Significant increase in GDP
    • 2013: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Central African Republic's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $2B 278M → $2B 388M
    • Outcome: increased

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $1B 755M → $2B 59M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $868M → $899M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $979M → $1B 36M
    • Outcome: increased

    Key Economic Indicators of Central African Republic (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 714M
    $ 313.37
    $ 441.22
    $ 1B 6M
    -2.995 %
    -6.028 %
    −2.84 %
    0 %
    2M 279K people
    1981
    $ 743M
    $ 316.50
    $ 529.49
    $ 1B 243M
    12.954 %
    -0.562 %
    5.18 %
    0 %
    2M 348K people
    1982
    $ 719M
    $ 298.75
    $ 528.79
    $ 1B 273M
    -3.572 %
    -5.929 %
    −7.39 %
    0 %
    2M 407K people
    1983
    $ 690M
    $ 279.72
    $ 503.99
    $ 1B 243M
    -6.027 %
    -4.248 %
    −1.01 %
    0 %
    2M 467K people
    1984
    $ 670M
    $ 265.44
    $ 560.49
    $ 1B 416M
    9.912 %
    -4.989 %
    0.55 %
    0 %
    2M 526K people
    1985
    $ 883M
    $ 340.23
    $ 583.83
    $ 1B 515M
    3.733 %
    -5.507 %
    9.78 %
    0 %
    2M 595K people
    1986
    $ 1B 158M
    $ 431.34
    $ 617.17
    $ 1B 657M
    7.193 %
    -7.472 %
    12.69 %
    0 %
    2M 684K people
    1987
    $ 1B 275M
    $ 465.18
    $ 619.43
    $ 1B 698M
    0 %
    -5.759 %
    6.67 %
    0 %
    2M 741K people
    1988
    $ 1B 372M
    $ 490.94
    $ 639.58
    $ 1B 788M
    1.718 %
    -2.522 %
    7.26 %
    -2.075 %
    2M 795K people
    1989
    $ 1B 354M
    $ 474.88
    $ 676.20
    $ 1B 928M
    3.79 %
    -2.468 %
    9.27 %
    -2.026 %
    2M 852K people
    1990
    $ 1B 572M
    $ 539.66
    $ 696.13
    $ 2B 28M
    1.364 %
    -5.67 %
    8.43 %
    -5.57 %
    2M 913K people
    1991
    $ 1B 498M
    $ 502.90
    $ 697.93
    $ 2B 80M
    -0.799 %
    -4.122 %
    7.81 %
    -6.912 %
    2M 980K people
    1992
    $ 1B 494M
    $ 489.79
    $ 662.85
    $ 2B 21M
    -4.923 %
    -4.786 %
    −0.21 %
    -5.981 %
    3M 51K people
    1993
    $ 1B 309M
    $ 418.92
    $ 654.48
    $ 2B 45M
    -1.198 %
    -0.488 %
    4.44 %
    -4.237 %
    3M 125K people
    1994
    $ 858M
    $ 268.11
    $ 734.75
    $ 2B 352M
    12.572 %
    -2.757 %
    9.44 %
    -5.224 %
    3M 201K people
    1995
    $ 1B 117M
    $ 340.99
    $ 756.17
    $ 2B 477M
    3.166 %
    -8.306 %
    6.76 %
    -2.577 %
    3M 276K people
    1996
    $ 1B
    $ 298.44
    $ 706.51
    $ 2B 367M
    -6.157 %
    -3.336 %
    2.55 %
    0.942 %
    3M 350K people
    1997
    $ 979M
    $ 285.80
    $ 731.94
    $ 2B 507M
    4.105 %
    -2.522 %
    4.80 %
    -0.185 %
    3M 425K people
    1998
    $ 1B 36M
    $ 296.10
    $ 748.84
    $ 2B 620M
    3.34 %
    -6.089 %
    5.04 %
    1.365 %
    3M 498K people
    1999
    $ 1B 38M
    $ 290.99
    $ 765.73
    $ 2B 733M
    2.887 %
    -1.72 %
    10.01 %
    0.948 %
    3M 570K people