Central African Republic
Description of Central African Republic
Welcome to our website dedicated to providing in-depth analysis of the economic and geopolitical landscape of the Central African Republic. As a country in the heart of Africa, the Central African Republic holds a unique position that influences not only its own development but also the dynamics of the surrounding region. Through exploring key macroeconomic indicators and their implications, we aim to shed light on the challenges and opportunities facing this nation and its relations with other global players.
Population And Age Structure
Population, total: The Central African Republic has a population of 5,343,020, which is significantly below the average population of 40,097,746. The country ranks 118th out of 194 countries in terms of population.
Population ages 0-14 (% of total population): With 48.21% of the population aged 0-14, the Central African Republic is above the average of 27.34%. This places the country at 2nd out of 194 countries in this demographic.
Population ages 0-14, total: The total number of children aged 0-14 in the Central African Republic is 2,575,787, significantly below the average of 10,327,379. The country ranks 90th out of 194 countries in this age group.
Population ages 15-64 (% of total population): The Central African Republic has 49.31% of its population aged 15-64, below the average of 63.44%. This places the country at 193rd out of 194 countries in this category.
Population ages 15-64, total: With a total of 2,634,787 individuals aged 15-64, the Central African Republic is below the average of 26,003,407. The country ranks 126th out of 194 countries for this age group.
Population ages 65 and above (% of total population): The percentage of the population aged 65 and above in the Central African Republic is 2.48%, well below the average of 9.22%. This places the country at 182nd out of 194 countries in this demographic.
Population ages 65 and above, total: The total number of individuals aged 65 and above in the Central African Republic is 132,447, significantly below the average of 3,766,959. The country ranks 144th out of 194 countries in this age category.
Summary
The Central African Republic has a relatively small total population compared to the global average, with a high percentage of young individuals aged 0-14 and a low percentage of individuals aged 15-64 and 65 and above. This demographic profile could indicate potential challenges in workforce sustainability and economic development, as a smaller working-age population may impact productivity and dependency ratios, requiring targeted policies for social support and educational investment.
Population Miscellaneous
- The Rural population in Central African Republic is 3,088,372, which is below the average of 18,044,041. The country ranks 90th out of 190 countries in this attribute data.
- Central African Republic's Rural population (% of total population) is 57.802%, higher than the average of 41.158%. It is ranked 49th out of 190 countries.
- The Urban population of 2,254,648 in Central African Republic is significantly below the average of 22,425,747. The country holds the 128th rank out of 194 countries.
- Central African Republic's Urban population (% of total population) is 42.198%, lower than the average of 59.691%. It ranks 146th out of 194 countries.
- The Age dependency ratio (% of working-age population) in Central African Republic is 102.79%, much higher than the average of 59.22%. The country holds the 2nd rank out of 194 countries.
- Central African Republic has a crude Birth rate of 42.175 per 1,000 people, which is above the average of 19.384. It ranks 5th out of 192 countries.
- The Death rate, crude in Central African Republic is 11.041 per 1,000 people, above the average of 8.214. The country ranks 30th out of 192 countries.
- Central African Republic's Fertility rate, total is 5.985 births per woman, higher than the average of 2.603. It ranks 6th out of 190 countries.
Summary
Central African Republic has a predominantly rural population compared to urban, with high dependency ratio and birth rates above global averages, indicating challenges in healthcare, education, and economic development. The country's high fertility rate also suggests potential strain on resources and infrastructure in the future. These statistics are crucial as they highlight the demographic profile and development needs of Central African Republic, guiding policymakers in crafting effective strategies for sustainable growth and welfare improvements.
Military
- The Military expenditure of Central African Republic is $44,348,098.08, significantly below the average
of $12,904,993,617.17. The country ranks 137th out of 149 countries included in the data.
- Central African Republic's Military expenditure as a percentage of GDP is 1.86%, slightly below the
average of 1.90%. The country ranks 55th out of 148 countries.
- The Arms imports of Central African Republic are valued at $1,000,000, way lower than the average of
$205,522,123.89. The country ranks 109th out of 113 countries.
- The total number of Armed forces personnel in Central African Republic is 10,000, which is below the
average of 165,908.54. The country ranks 130th out of 164 countries.
- Central African Republic's Armed forces personnel as a percentage of the total labor force is 0.52%,
well below the average of 1.28%. The country ranks 110th out of 164 countries.
Summary
Central African Republic exhibits lower military expenditure, arms imports, and armed forces personnel compared to the global average. Despite ranking lower in these indicators, the country remains relatively stable in terms of military presence and spending. These statistics are crucial as they demonstrate Central African Republic's prioritization of other areas of development over militarization, potentially indicating a focus on economic growth and social welfare initiatives.
Natural Resources
Central African Republic's forest area of 223,030 sq. km is above the average of 211,606.11 sq. km, ranking 26th out of 191 countries in the dataset.
The land area of 622,980 sq. km in Central African Republic is below the average of 665,166.51 sq. km, placing the country at 42nd out of 194 countries.
Central African Republic's surface area of 622,980 sq. km is also below the average of 689,779.56 sq. km, ranking 43rd out of 194 countries.
The arable land in Central African Republic spans 1,800,000 hectares, significantly lower than the average of 7,329,543.16 hectares, placing the country at 86th out of 190 countries.
The land under cereal production in Central African Republic covers 389,559 hectares, well below the average of 4,206,011.63 hectares, with a rank of 103rd out of 174 countries.
Central African Republic receives an average precipitation depth of 1343 mm per year, higher than the average of 1157.83 mm per year, with a rank of 65th out of 178 countries.
The renewable internal freshwater resources in Central African Republic total 141 billion cubic meters, a figure below the average of 240.41 billion cubic meters, resulting in a rank of 46th out of 178 countries in the dataset.
Summary
Central African Republic has a significant forest area, but its land area, surface area, arable land, and land under cereal production are below the global averages. Despite this, the country receives higher-than-average precipitation, but its renewable internal freshwater resources are below average. These indicators are crucial for assessing the country's environmental sustainability, agricultural potential, and water security, which are essential for long-term economic development and societal well-being.
Resource Rents
Central African Republic has natural resources rents accounting for 9.89% of its GDP, which is above the global average of 4.63%. This places Central African Republic at rank 32 out of 175 countries in the dataset.
In terms of forest rents, Central African Republic stands out with 9.70% of GDP derived from this source, significantly higher than the average of 1.53%. This places the country at an impressive rank of 7 out of 174 countries.
On the other hand, when it comes to mineral rents, Central African Republic has a lower percentage at 0.19% of GDP compared to the average of 1.23%. This places the country at rank 48 out of 86 countries included in the data for this attribute.
Summary
Central African Republic exhibits a notable reliance on natural resources rents, with both natural resources and forest rents significantly exceeding global averages. This indicates a substantial contribution of these sectors to the country's GDP, positioning it favorably in comparison to other nations. However, in terms of mineral rents, Central African Republic lags behind the global average, suggesting potential areas for development and diversification to maximize economic potential.
These findings are important as they highlight the significance of natural resources in shaping the country's economic landscape. By capitalizing on its strengths in natural resources and forests, Central African Republic can leverage these sectors for sustainable economic growth and strategic development. Addressing the lower percentage of mineral rents presents an opportunity for targeted policies and investments to tap into this resource and enhance overall economic performance.
Commodities
For Cereal production, the Central African Republic's value of 277762.88 metric tons is significantly below the average of 17249945.93 metric tons, ranking 128th out of 174 countries in the dataset.
In Aquaculture production, the country's production of 209 metric tons is well below the average of 679642.92 metric tons, placing it at the 142nd position out of 180 countries.
Central African Republic's Capture fisheries production of 27500 metric tons is lower than the average of 467453.06 metric tons, ranking at 116th out of 190 countries.
With a Total fisheries production of 27709 metric tons, the country lags behind the average of 1153914.85 metric tons, standing at 120th out of 182 countries.
Regarding Fertilizer consumption, the country's value of 0.238 kilograms per hectare of arable land is considerably lower than the average of 159.04 kilograms per hectare, placing it at a low rank of 185 out of 187 countries.
Summary
The Central African Republic falls significantly below global averages in key macroeconomic indicators such as cereal, aquaculture, capture fisheries, and total fisheries production. Particularly striking is its extremely low fertilizer consumption compared to the global average. This indicates a potential lack of agricultural productivity and development in the country, which could hinder its economic growth and food security.
Intellectual Property
Central African Republic's Scientific and technical journal articles statistic stands at 17.32, significantly lower than the attribute average of 15103.76. The country ranks 166 out of 192 countries in this dataset.
Summary
Central African Republic's scientific and technical journal articles statistic of 17.32 reflects a stark disparity from the global average of 15103.76, positioning the country at the 166th place out of 192 countries. This low figure indicates a substantial gap in research and innovation capabilities compared to other nations, potentially hindering the country's technological advancement, economic growth, and competitiveness on the global stage.
Broad Economy Attributes
Central African Republic's GDP of 2,326,720,900.38047 USD is significantly below the average GDP of 442,870,224,838.68 USD, ranking 164th out of 189 countries.
In terms of GDP PPP, Central African Republic's value of 4,783,346,547.63 international USD is well below the average of 734,141,122,350.78 international USD, placing it at the 158th position out of 181 countries.
The GDP per capita of 435.47 USD in Central African Republic is notably lower than the average of 15,462.11 USD, ranking 189th out of 190 countries.
For GDP per capita PPP, Central African Republic's 895.25 international USD is significantly lower than the average of 21,251.89 international USD, placing it at the 180th position out of 181 countries.
In the case of GNI, Central African Republic's 2,456,787,984.45 USD is far below the average of 452,040,815,370.70 USD, ranking 160th out of 185 countries.
Considering GNI PPP, the Central African Republic's value of 5,050,742,580.14 international USD is well below the average of 730,698,223,823.47 international USD, placing it at the 158th position out of 181 countries.
Lastly, the GNI per capita PPP for Central African Republic is 950 international USD, significantly lower than the average of 20,615.75 international USD, ranking 180th out of 181 countries.
Summary
The Central African Republic consistently ranks significantly below the global average in key macroeconomic indicators such as GDP, GDP PPP, GDP per capita, GDP per capita PPP, GNI, GNI PPP, and GNI per capita PPP. These rankings highlight the country's economic challenges and low levels of economic development compared to the rest of the world. Addressing these disparities is crucial for the Central African Republic to improve its standard of living, reduce poverty, and foster sustainable economic growth.
Broad Value Added
- Central African Republic's Gross value added at basic prices (GVA) is significantly below the average,
ranking 156 out of 176 countries.
- The country's Agriculture, forestry, and fishing value added (% of GDP) is notably above average,
placing it at 11 out of 182 countries.
- Central African Republic's Agriculture, forestry, and fishing value added in USD is significantly below
average, ranking 135 out of 182 countries.
- Services value added (% of GDP) is below average for the country, ranking 170 out of 183 countries.
- In terms of Services value added in current USD, Central African Republic lags significantly behind the
average, ranking 169 out of 183 countries.
- The country's Industry value added in current USD is far below the average, ranking 161 out of 183
countries.
Summary
Central African Republic shows strengths in Agriculture, forestry, and fishing, with value added to GDP ranking above average globally. However, the country lags behind in Services and Industry sectors, with values significantly below the global average. These indicators are crucial as they highlight Central African Republic's heavy reliance on the Agriculture sector for economic output, signaling potential vulnerability in diversification and industrial development.
Manufacturing Value Added
Central African Republic's Manufacturing, value added (current US$) of 412,458,432.17 is significantly below the average of $76,207,179,589.66, ranking 142 out of 173 countries.
The country's Manufacturing, value added (% of GDP) stands at 17.73%, above the average of 11.90%. Central African Republic ranks 31 out of 173 countries in this aspect.
In terms of Medium and high-tech manufacturing value added (% manufacturing value added), the country's 9.25% is notably below the average of 24.49%. It holds the 116th rank out of 149 countries in this category.
Summary
Central African Republic's manufacturing sector, as indicated by the value added in current US dollars, is significantly lower than the global average, ranking quite low among countries. However, the country's manufacturing value added as a percentage of GDP is higher than average, placing it in a relatively better position globally. Nevertheless, its contribution to medium and high-tech manufacturing value added falls below the average, indicating room for advancement in higher value-added sectors.
These findings are crucial for policymakers and investors as they highlight Central African Republic's strengths and weaknesses in the manufacturing sector compared to other nations. Understanding these metrics can assist in identifying areas for improvement, fostering economic growth, and enhancing global competitiveness.
Money
Inflation, consumer prices (annual %): The Central African Republic has a relatively low consumer price inflation rate of 1.71%, below the average of 8.26%. This places the country at a rank of 92 out of 165 countries included in the data.
Inflation, GDP deflator (annual %): The country's GDP deflator inflation rate is 1.98%, also below the average of 6.90%. This ranks Central African Republic at 94 out of 188 countries.
Broad money growth (annual %): With a growth rate of 11.47%, the Central African Republic is below the average of 18.03%. It ranks 87 out of 139 countries in this aspect.
Broad money (% of GDP): The broad money as a percentage of GDP in Central African Republic is 31.09%, significantly lower than the average of 71.75%. This places the country at a rank of 121 out of 139 countries.
Broad money to total reserves ratio: The ratio in the country is 1.67, below the average of 5.17, ranking Central African Republic at 103 out of 126 countries.
Summary
The Central African Republic demonstrates comparatively low inflation rates, below global averages, while also exhibiting lower-than-average values in broad money metrics. These statistics highlight the country's stable price levels and monetary policies. The lower rankings in broad money indicators could signify potential challenges in capital flow management and economic development strategies.
Consumption Expenditure
Final consumption expenditure (current US$): The focus country's value of $2,347,133,222.95 is significantly below the average of $381,630,252,515.38. The country ranks 143 out of 159 countries in this attribute data.
Final consumption expenditure (% of GDP): With a value of 100.88%, the focus country exceeds the average of 82.37%. It ranks 18 out of 159 countries in this attribute data.
General government final consumption expenditure (current US$): The country's expenditure of $225,157,712.27 is well below the average of $93,676,578,238.03. Central African Republic ranks 152 out of 158 countries in this attribute data.
General government final consumption expenditure (% of GDP): At 9.68%, the focus country's expenditure is below the average of 18.71%. It ranks 139 out of 158 countries in this attribute data.
Household and NPISHs Final consumption expenditure (current US$): The focus country's value of $2,121,975,510.68 is significantly lower than the average of $290,127,571,157.69. It ranks 139 out of 158 countries in this attribute data.
Households and NPISHs final consumption expenditure (% of GDP): With a value of 91.20%, the focus country exceeds the average of 63.68%. It ranks 10 out of 158 countries in this attribute data.
Summary
The focus country demonstrates a trend of lower final consumption expenditure values compared to global averages across all categories, indicating potential constraints on domestic consumption levels. Despite this, the country tends to allocate a higher percentage of its GDP towards final consumption expenditure by households and government, which could imply a more sustainable economic growth strategy prioritizing domestic demand.
Investment
Central African Republic's foreign direct investment net inflows amount to $1,737,359.82, significantly below the average of $5,749,271,080.15. This places the country at rank 154 out of 182 countries in the dataset for this attribute.
Regarding foreign direct investment net inflows as a percentage of GDP, Central African Republic's value is 0.07%, well below the average of 2.61%. This positions the country at rank 151 out of 178 countries in the dataset for this metric.
Summary
Central African Republic lags behind other countries in terms of foreign direct investment net inflows, with an amount significantly below the average. Additionally, as a percentage of GDP, the country's FDI inflows are also notably lower than the average, placing it at a lower rank compared to its peers.
These findings indicate that Central African Republic may have limited attractiveness to foreign investors, which could impact its economic growth potential, infrastructure development, and overall competitiveness on the global stage.
Debt
Total debt service (% of GNI): The Central African Republic has a relatively low total debt service compared to the average, ranking 110th out of 120 countries included in the data.
Public and publicly guaranteed debt service (% of GNI): The country's public and publicly guaranteed debt service is well below the average, placing it at 115th out of 120 countries in the dataset.
External debt stocks (% of GNI): The Central African Republic's external debt stocks are significantly lower than the average, ranking 87th out of 120 countries.
Debt service on external debt, total (TDS, current US$): The country's total debt service on external debt is notably lower than the average, positioning it at 118th out of 123 countries in the dataset.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): The Central African Republic's debt service on public and publicly guaranteed external debt is considerably below the average, placing it at 121st out of 123 countries.
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): The country's external debt stocks on public and publicly guaranteed debt are substantially lower than the average, ranking 115th out of 123 countries in the dataset.
External debt stocks, total (DOD, current US$): The Central African Republic's total external debt stocks are significantly below the average, positioning it at 110th out of 123 countries included in the data.
Summary
The Central African Republic shows a consistent trend of having relatively low debt levels compared to the average among countries in the dataset. This is significant as it indicates that the country has manageable debt obligations, which can lead to greater fiscal stability, increased investor confidence, and potentially more resources available for domestic investments and social programs.
Broad Trade Attributes
Central African Republic's trade as a percentage of GDP is 49.52%, which is below the average of 82.34%. The country is ranked 119 out of 163 countries in this dataset.
Merchandise trade as a percentage of GDP for Central African Republic is 27.51%, significantly lower than the average of 60.01%. The country holds the 167th rank out of 186 countries in this category.
Central African Republic's external balance on goods and services is at -446,173,395.93 USD, well below the average of 3,405,509,011.13 USD. The country ranks 90th out of 163 countries for this attribute.
The external balance on goods and services as a percentage of GDP for Central African Republic is -19.18%, which is lower than the average of -5.97%. The country is ranked 140th out of 163 countries for this indicator.
Summary
Central African Republic has a relatively low level of trade as a percentage of GDP, ranking below the global average. Additionally, its merchandise trade as a percentage of GDP is significantly lower than the average and ranks poorly among countries. The country also exhibits a negative external balance on goods and services in both absolute terms and as a percentage of GDP, positioning it below the average and indicative of potential economic challenges.
These findings are crucial as they highlight Central African Republic's limited integration into the global economy and its trade imbalances. Such disparities may indicate issues with competitiveness, economic diversification, and foreign exchange reserves management, which can impact the country's economic growth, stability, and ability to attract investment.
Broad Export Attributes
Central African Republic's exports of goods and services amount to $353,021,263.26, which is significantly below the average of $129,596,864,610.19, ranking 152nd out of 163 countries in the dataset.
The country's exports of goods and services as a percentage of GDP stand at 15.17%, notably lower than the average of 38.19%. This places Central African Republic at the 141st position out of 163 countries.
Central African Republic's ICT goods exports account for only 0.26% of its total goods exports, well below the average of 3.81%. This places the country at the 90th position out of 142 countries.
Summary
Central African Republic exhibits low levels of exports of goods and services, ranking significantly below the global average in both total exports and as a percentage of GDP. Additionally, the country's ICT goods exports make up a very small portion of its total exports, further highlighting its limited participation in the digital economy compared to other nations.
These findings are important as they signal potential challenges for Central African Republic's economic development and integration into the global market. Low export levels may indicate a lack of diversification in the economy, reliance on a few key industries, and limited competitiveness internationally. Addressing these issues and focusing on boosting export capabilities and leveraging digital technologies could help the country enhance its economic growth and resilience.
Merchandise Exports
1. Merchandise exports (current US$): The focus country's value of $134,000,000 is significantly below the average of $89,542,711,229.95. With a rank of 169 out of 187 countries, Central African Republic's merchandise exports are relatively low.
2. Agricultural raw materials exports (% of merchandise exports): At 18.99%, Central African Republic's focus country value is much higher than the average of 2.97%. This places the country at a strong rank of 4 out of 151 countries in the dataset.
3. Food exports (% of merchandise exports): Central African Republic's value of 0.72% for food exports is well below the average of 24.06%. This places the country at a rank of 147 out of 152 countries.
4. Fuel exports (% of merchandise exports): With fuel exports accounting for only 0.04% of merchandise exports, Central African Republic is significantly below the average of 13.70%. The country ranks 133 out of 147 countries.
5. Ores and metals exports (% of merchandise exports): The focus country's value of 16.71% is notably higher than the average of 9.10%. Central African Republic ranks 24 out of 152 countries for ores and metals exports.
6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): Central African Republic's value of 0.0002% is substantially lower than the average of 3.20%. This places the country at a rank of 154 out of 166 countries.
Summary
The analysis of key macroeconomic indicators for Central African Republic reveals several noteworthy points. The country has relatively low merchandise exports compared to the global average, ranking 169th out of 187 countries. However, Central African Republic excels in agricultural raw materials exports and ores and metals exports, ranking 4th and 24th respectively. These findings are crucial as they highlight the country's strong reliance on certain export categories and its potential for diversification to enhance economic resilience and growth.
Technology Exports
- Manufactures exports (% of merchandise exports): The Central African Republic's value for this attribute is 39.30%, slightly below the average of 42.62%. It ranks 78th out of 152 countries included in the data.
- High-technology exports (current US$): The Central African Republic's value for this attribute is $106,849, significantly below the average of $16,655,934,078.80. It ranks 145th out of 151 countries.
- High-technology exports (% of manufactured exports): The Central African Republic's value for this attribute is 0.67%, well below the average of 10.15%. It ranks 138th out of 150 countries.
- Medium and high-tech exports (% manufactured exports): The Central African Republic's value for this attribute is 64.22%, significantly above the average of 34.29%. It ranks 21st out of 149 countries.
Summary
In summary, the Central African Republic has a lower than average percentage of manufactured exports, high-technology exports, and high-technology exports as a proportion of manufactured exports. However, it excels in the percentage of medium and high-tech exports compared to the average, ranking relatively high among the countries analyzed.
These findings are crucial as they indicate the country's strengths and weaknesses in its manufacturing and technological capabilities. By understanding where the Central African Republic stands in these indicators compared to global averages, policymakers and investors can better strategize for economic growth, trade partnerships, and technological advancements to enhance the country's competitiveness in the global market.
Broad Import Attributes
Central African Republic's Imports of goods and services (current US$) amount to $799,194,659.19,
significantly below the average of $126,191,355,599.06, placing the country at rank 149 out of 163
countries in the dataset.
The country's Imports of goods and services (% of GDP) is 34.35%, below the average of 44.15%. This places
Central African Republic at rank 95 out of 163 countries analyzed.
Central African Republic imports ICT goods at a rate of 5.91% of total goods imports. This is lower than
the average of 6.85%, ranking the country at 60th out of 143 countries for this metric.
Summary
Central African Republic has a relatively low amount of imports in terms of both total value and as a percentage of its GDP compared to the average among the countries analyzed. Additionally, the country's import of ICT goods as a proportion of total imports is below the average as well. These findings suggest that Central African Republic may have limited integration with the global economy and a potential lack of access to key technologies and goods, which could impact its overall economic development and competitiveness in the long run.
Merchandise Imports
Central African Republic's merchandise imports amount to $506,000,000, which is significantly below the average of $89,385,605,263. The country is ranked 172 out of 190 countries in this attribute.
Manufactures imports account for 69.36% of Central African Republic's merchandise imports, slightly above the average of 66.76%. The country is ranked 62 out of 152 countries in this category.
The country's agricultural raw materials imports as a percentage of merchandise imports stand at 0.74%, lower than the average of 1.27%. Central African Republic ranks 115 out of 152 countries in this aspect.
Central African Republic's food imports make up 16.43% of merchandise imports, slightly higher than the average of 15.89%. The country is ranked 59 out of 152 countries regarding this statistic.
Within merchandise imports, fuel imports constitute 12.98% for Central African Republic, surpassing the average of 11.38%. The country is ranked 55 out of 152 countries for fuel imports.
For ores and metals imports as a percentage of merchandise imports, Central African Republic stands at 0.49%, notably below the average of 2.57%. The country ranks 141 out of 152 countries in this category.
The residual percentage of merchandise imports by the reporting economy in Central African Republic is 1.48%, lower than the average of 2.51%. The country is ranked 53 out of 180 countries in this attribute.
Summary
Central African Republic has below-average merchandise imports compared to other countries, with a heavy reliance on manufactured goods. The country also imports a higher proportion of food and fuel relative to its total imports, while having minimal imports of agricultural raw materials, ores, and metals. These indicators highlight the country's import composition, economic priorities, and potential vulnerabilities to price fluctuations or supply chain disruptions in key sectors.
Information Technology Infrastructure
Central African Republic has only 6 secure internet servers, significantly below the average of 458,294. It ranks 187 out of 193 countries in this attribute.
Regarding secure internet servers per 1 million people, Central African Republic has 1.12 servers, far below the average of 14,067. It ranks 191 out of 193 countries.
Only 8.57% of Central African Republic's population uses the internet, well below the average of 64.77%. It ranks 177 out of 180 countries in this aspect.
Central African Republic has 1,831,000 mobile cellular subscriptions, significantly lower than the average of 42,526,464. It ranks 146 out of 193 countries in this category.
Summary
Central African Republic lags behind in key macroeconomic indicators related to internet infrastructure and usage. With significantly fewer secure internet servers, lower servers per million people, and a smaller percentage of population using the internet compared to global averages, the country faces challenges in digital connectivity and access. These indicators are crucial for economic development, innovation, education, and communication in the modern era, highlighting the need for investments in ICT infrastructure and policies to bridge the digital divide and enhance socio-economic opportunities for its citizens.
Energy Consumption
Central African Republic has a high renewable energy consumption, constituting 90.88% of its total final energy consumption, which is significantly higher than the global average of 32.18%. The country ranks 5th out of 191 countries in this regard. In contrast, the country's CO2 emissions are quite low at 236.6 kt, well below the average of 171,895.94 kt, positioning Central African Republic at a rank of 175 out of 188 countries included in the data.
Summary
Central African Republic stands out for its high renewable energy consumption, surpassing the global average by a significant margin and ranking impressively among nations worldwide. On the other hand, its low CO2 emissions, well below the global average, showcase the country's environmentally conscious approach, despite its lower position in the global rankings.
These statistics are crucial as they highlight Central African Republic's sustainability efforts and potential for leading in renewable energy adoption. The high renewable energy consumption indicates a commitment to cleaner energy sources, which can contribute to environmental protection and sustainable development. Additionally, the low CO2 emissions showcase a relatively smaller carbon footprint, signaling a positive environmental impact and potentially attracting investment for further sustainable initiatives.
Government Balance Sheet
1. Central African Republic has a Net acquisition of financial assets (% of GDP) of -0.28%, ranking 71 out of 87 countries. This value is below the attribute average of 2.45%.
2. The country's Net incurrence of liabilities, total (% of GDP) is 0.10%, placing it at rank 87 out of 92 countries. This value is significantly below the attribute average of 7.43%.
3. Central African Republic's Total reserves (% of total external debt) is 48.10%, ranking 36 out of 102 countries. This value is below the attribute average of 66.13%.
4. In terms of Total reserves minus gold (current US$), the country holds $432,524,260.92, ranking 144 out of 161 countries. This value is significantly lower than the attribute average of $74,221,588,171.61.
5. The country's Total reserves (includes gold, current US$) amount to $432,524,260.92, placing it at rank 145 out of 161 countries. This value is notably below the attribute average of $85,708,019,773.47.
Summary
Central African Republic exhibits concerning macroeconomic indicators compared to other countries. It has negative values in net acquisition of financial assets and significantly low values in net incurrence of liabilities. The country also holds lower reserves in total and reserves minus gold compared to the global average, affecting its economic stability and financial security. These indicators suggest potential challenges in managing external debts, financial investments, and overall economic resilience in the face of uncertainties.
Government Revenue
Central African Republic's revenue, excluding grants (% of GDP) is 9.51%, which is below the average of 27.02%. The country ranks 117th out of 122 countries in this attribute.
Grants and other revenue (% of revenue) in Central African Republic accounts for 59.69% of total revenue, significantly above the average of 23.54%. This places the country at the 11th position out of 108 countries.
Taxes on goods and services (% of revenue) make up 22.67% of Central African Republic's revenue, below the average of 31.82%. The country ranks 99th out of 122 countries in this aspect.
Central African Republic's taxes on international trade (% of revenue) constitute 9.83% of revenue, higher than the average of 6.24%. This places the country at the 22nd position out of 101 countries.
Other taxes (% of revenue) in Central African Republic stand at 0.36%, well below the average of 2.12%. The country ranks 76th out of 106 countries in this category.
Regarding taxes on income, profits, and capital gains (% of revenue), Central African Republic has a value of 7.46%, significantly lower than the average of 24.66%. The country ranks 111th out of 119 countries in this attribute.
Summary
Central African Republic's revenue composition deviates from the global averages in different categories such as grants dependency, low taxes on goods and services, and minimal contribution from taxes on income, profits, and capital gains. These indicators suggest a heavy reliance on external support, a limited domestic tax base, and potential challenges in revenue generation for sustained economic development.
Taxes
Central African Republic has a Tax revenue (% of GDP) of 8.71, which is below the average of 16.72. This places the country at rank 110 out of 123 countries in the dataset.
For Taxes on exports (% of tax revenue), Central African Republic's value of 0.41 is lower than the average of 2.54. The country ranks 14 out of 36 in this metric.
Customs and other import duties (% of tax revenue) in Central African Republic stand at 23.97, significantly above the average of 9.01. This places the country at a high rank of 6 out of 99 in the dataset.
Central African Republic's Taxes on income, profits and capital gains (% of total taxes) is 18.50, below the average of 38.40. The country holds a rank of 109 out of 120 in this category.
Summary
Central African Republic exhibits lower than average Tax revenue (% of GDP), Taxes on exports (% of tax revenue), and Taxes on income, profits, and capital gains (% of total taxes), but significantly higher Customs and other import duties (% of tax revenue). These metrics reflect a reliance on import duties for revenue generation rather than broader tax policies involving income and exports. This could indicate a limited tax base, potential challenges in diversifying revenue sources, and a heavy dependence on trade-related income.
Government Expenses
1. Expense (% of GDP): The Central African Republic's expense as a percentage of GDP is 13.97%, significantly below the average of 31.69%. The country ranks 115 out of 123 countries included in the data.
2. Compensation of employees (% of expense): The country's allocation to employee compensation is 38.68%, higher than the average of 24.70%. This places the Central African Republic at rank 20 out of 123 countries.
3. Goods and services expense (% of expense): With 41.51% of expenses allocated to goods and services, the country is well above the average of 14.77%. This places the Central African Republic at a high rank of 4 out of 122 countries.
4. Interest payments (% of expense): The Central African Republic spends 2.05% on interest payments, below the average of 6.85%. The country ranks 97 out of 121 countries.
5. Other expense (% of expense): Allocating 17.77% to other expenses, the Central African Republic is above the average of 8.29%. This places the country at rank 14 out of 120 countries.
Summary
The Central African Republic has a relatively low expense as a percentage of GDP, primarily allocating funds towards goods and services (41.51%) and employee compensation (38.68%). This prioritization of spending, especially on goods and services, indicates a focus on infrastructure development and investment in human capital. Despite spending more on other expenses compared to the average, the country's low interest payments percentage reflects a manageable debt burden.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 0-14 (% of total population) | 2/194 |
| Age dependency ratio (% of working-age population) | 2/194 |
| Birth rate, crude (per 1,000 people) | 5/192 |
| Fertility rate, total (births per woman) | 6/190 |
| Forest rents (% of GDP) | 7/174 |
| Agriculture, forestry, and fishing, value added (% of GDP) | 11/182 |
| Households and NPISHs final consumption expenditure (% of GDP) | 10/158 |
| Agricultural raw materials exports (% of merchandise exports) | 4/151 |
| Renewable energy consumption (% of total final energy consumption) | 5/191 |
| Customs and other import duties (% of tax revenue) | 6/99 |
| Goods and services expense (% of expense) | 4/122 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 15-64 (% of total population) | 193/194 |
| Population ages 65 and above (% of total population) | 182/194 |
| Military expenditure (current USD) | 137/149 |
| Arms imports (SIPRI trend indicator values) | 109/113 |
| Fertilizer consumption (kilograms per hectare of arable land) | 185/187 |
| GDP per capita (current US$) | 189/190 |
| GDP per capita, PPP (current international $) | 180/181 |
| GNI per capita, PPP (current international $) | 180/181 |
| Services, value added (% of GDP) | 170/183 |
| Services, value added (current US$) | 169/183 |
| General government final consumption expenditure (current US$) | 152/158 |
| Total debt service (% of GNI) | 110/120 |
| Public and publicly guaranteed debt service (% of GNI) | 115/120 |
| Debt service on external debt, total (TDS, current US$) | 118/123 |
| Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) | 121/123 |
| External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) | 115/123 |
| Exports of goods and services (current US$) | 152/163 |
| Merchandise exports (current US$) | 169/187 |
| Food exports (% of merchandise exports) | 147/152 |
| Fuel exports (% of merchandise exports) | 133/147 |
| Merchandise exports by the reporting economy, residual (% of total merchandise exports) | 154/166 |
| High-technology exports (current US$) | 145/151 |
| High-technology exports (% of manufactured exports) | 138/150 |
| Imports of goods and services (current US$) | 149/163 |
| Merchandise imports (current US$) | 172/190 |
| Ores and metals imports (% of merchandise imports) | 141/152 |
| Secure Internet servers | 187/193 |
| Secure Internet servers (per 1 million people) | 191/193 |
| Individuals using the Internet (% of population) | 177/180 |
| CO2 emissions (kt) | 175/188 |
| Net incurrence of liabilities, total (% of GDP) | 87/92 |
| Total reserves (includes gold, current US$) | 145/161 |
| Revenue, excluding grants (% of GDP) | 117/122 |
| Taxes on income, profits and capital gains (% of revenue) | 111/119 |
| Taxes on income, profits and capital gains (% of total taxes) | 109/120 |
| Expense (% of GDP) | 115/123 |