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Economy of Central African Republic vs Congo compared: GDP & Debt

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $15.7B for the Congo, ranking 171/197 and 141/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (58.3% of GDP), compared to $15B (91.4% of GDP) in the Congo.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Central African Republic
GDP, current $

GDP, constant 2015 $
Congo
GDP, current $

GDP, constant 2015 $
Year GDP
CAR Congo
Current $ Constant $ Current $ Constant $
1960 $112,155,598 $980,371,514 $131,731,863 $1,260,529,281
1961 $123,134,583 $1,028,934,744 $151,675,739 $1,365,792,637
1962 $124,482,774 $990,722,164 $166,521,240 $1,436,845,387
1963 $129,379,124 $983,717,651 $172,233,431 $1,378,950,570
1964 $142,025,079 $1,004,182,172 $185,693,725 $1,431,582,304
1965 $150,574,795 $1,013,697,588 $198,318,064 $1,484,213,966
1966 $157,930,018 $1,020,233,745 $220,613,582 $1,504,384,173
1967 $163,820,514 $1,067,946,130 $237,397,428 $1,536,221,035
1968 $191,767,442 $1,082,941,303 $251,247,458 $1,653,455,074
1969 $188,039,210 $1,159,738,546 $265,040,036 $1,778,266,547
1970 $189,106,529 $1,186,793,864 $274,960,700 $1,891,337,095
1971 $201,450,800 $1,200,207,037 $322,128,019 $2,037,973,138
1972 $230,317,883 $1,200,196,629 $410,669,264 $2,213,596,510
1973 $271,183,082 $1,222,867,623 $541,973,363 $2,395,801,821
1974 $281,398,706 $1,300,385,612 $585,364,634 $2,584,723,272
1975 $378,660,016 $1,305,652,006 $767,102,680 $2,784,563,655
1976 $451,152,461 $1,376,581,800 $754,549,601 $2,810,078,243
1977 $507,298,148 $1,428,977,737 $765,224,029 $2,558,479,911
1978 $610,578,632 $1,446,257,442 $878,771,772 $2,721,192,761
1979 $700,764,748 $1,410,605,203 $1,198,749,667 $2,988,229,522
1980 $797,048,199 $1,347,429,290 $1,705,796,853 $3,515,251,773
1981 $694,803,623 $1,326,618,708 $1,993,512,323 $4,134,629,380
1982 $748,312,391 $1,428,977,737 $2,160,640,565 $5,110,306,815
1983 $658,679,333 $1,312,851,667 $2,097,274,290 $5,409,462,277
1984 $637,820,670 $1,437,332,673 $2,193,581,365 $5,786,833,455
1985 $864,849,836 $1,493,779,883 $2,160,872,540 $5,718,221,236
1986 $1,122,265,013 $1,547,227,017 $1,849,268,212 $5,325,863,974
1987 $1,200,991,978 $1,470,809,662 $2,297,753,652 $5,335,949,917
1988 $1,264,899,288 $1,495,962,938 $2,212,536,312 $5,430,196,849
1989 $1,233,930,281 $1,525,542,171 $2,389,593,026 $5,571,375,261
1990 $1,440,711,459 $1,492,780,725 $2,798,746,050 $5,627,089,213
1991 $1,377,374,987 $1,484,532,469 $2,724,853,506 $5,761,878,676
1992 $1,411,917,553 $1,389,164,943 $2,933,222,703 $5,912,375,954
1993 $1,278,781,262 $1,393,822,475 $2,684,323,623 $5,854,453,400
1994 $851,174,357 $1,462,119,071 $1,769,365,438 $5,532,863,840
1995 $1,115,389,674 $1,567,392,310 $2,116,003,868 $5,753,366,412
1996 $1,007,791,127 $1,504,695,161 $2,540,697,539 $6,000,213,536
1997 $937,741,513 $1,584,443,042 $2,322,719,103 $5,962,723,473
1998 $967,338,390 $1,658,914,120 $1,949,481,379 $6,185,583,409
1999 $999,477,511 $1,718,634,612 $2,354,772,960 $6,025,859,314
2000 $916,777,283 $1,675,850,365 $3,227,927,698 $6,482,377,235
2001 $932,648,605 $1,750,672,710 $2,796,704,604 $6,728,876,234
2002 $996,068,145 $1,813,986,527 $3,034,250,924 $7,037,184,600
2003 $1,142,315,523 $1,716,076,873 $3,503,723,088 $7,094,415,494
2004 $1,272,360,517 $1,818,953,694 $4,656,974,940 $7,341,062,187
2005 $1,337,894,379 $1,835,473,623 $6,650,001,680 $7,910,417,276
2006 $1,461,859,762 $1,923,045,638 $8,072,305,029 $8,542,162,056
2007 $1,699,811,295 $2,011,650,636 $8,782,703,437 $7,977,183,901
2008 $1,993,407,888 $2,052,972,574 $11,649,857,673 $8,480,255,109
2009 $2,067,381,665 $2,229,266,676 $9,723,299,915 $9,467,126,892
2010 $2,142,591,540 $2,332,499,968 $13,148,396,212 $10,407,332,392
2011 $2,437,982,705 $2,430,339,369 $15,655,383,577 $10,636,909,753
2012 $2,510,126,512 $2,553,162,919 $17,692,911,296 $11,694,979,455
2013 $1,691,544,110 $1,624,016,454 $17,958,720,699 $11,611,660,392
2014 $1,894,813,389 $1,625,333,053 $17,919,321,078 $12,383,378,937
2015 $1,695,825,714 $1,695,825,714 $12,434,793,867 $12,434,793,867
2016 $1,825,018,145 $1,776,382,809 $10,931,328,151 $11,354,801,749
2017 $2,072,349,973 $1,856,804,601 $11,834,473,039 $10,719,526,285
2018 $2,220,979,146 $1,927,167,164 $14,773,900,289 $10,472,514,332
2019 $2,221,301,351 $1,986,909,346 $13,976,637,780 $10,590,275,025
2020 $2,326,720,900 $2,004,791,530 $11,468,687,464 $9,926,500,702
2021 $2,516,498,412 $2,024,497,026 $14,825,690,211 $10,027,261,670
2022 $2,382,618,615 $2,033,686,257 $15,817,030,157 $10,175,199,490
2023 $2,555,492,086 $2,047,921,418 $15,321,055,818 $10,369,226,733
2024 $2,751,544,520 $2,079,451,881 $15,719,985,776 $10,636,718,190

Economic indicators

CAR Congo
Gross domestic product
$2.75B
2024
$15.7B
2024
GDP rank
171/197
2024
141/197
2024
GDP growth
7.67%
2023-2024
2.6%
2023-2024
GDP per capita
$516
2024
$2,482
2024
GDP per capita rank
194/197
2024
148/197
2024
GDP per capita, PPP
$1,264
2024
$7,026
2024
Government debt
$1.67B
2024
$15B
2024
Debt-to-GDP ratio
58.3%
2025
91.4%
2025
Government debt per person
$313
2024
$2,369
2024
Government debt per person rank
178/185
2024
113/185
2024
Average annual personal income after taxes
$1,261
2025
$2,263
2025
Income share by richest 10%
33.1%
2021
37.9%
2011
Income share by poorest 10%
2.1%
2021
1.6%
2011
Government expenditure, % of GDP
17.9%
2025
21.9%
2025
Consumer prices inflation
4.6%
2024-2025
3.6%
2024-2025
Unemployment rate
6.9%
2017
10%
2012
Population
5662456
6607609

GDP per capita in Central African Republic vs Congo

The Central African Republic's GDP per capita is $516, ranking 194/197, compared to $2,482 in the Congo, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,264, while the Congo ranks 147th at $7,026.

Central African Republic
GDP per capita

GDP per capita, PPP
Congo
GDP per capita

GDP per capita, PPP
Year Current $
CAR Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $65.9 - $124.7 -
1961 $71 - $139.9 -
1962 $70.4 - $149.6 -
1963 $71.8 - $150.7 -
1964 $77.2 - $158.1 -
1965 $80.2 - $164.2 -
1966 $82.3 - $177.6 -
1967 $83.6 - $185.7 -
1968 $95.6 - $190.8 -
1969 $91.7 - $195.4 -
1970 $90.2 - $196.7 -
1971 $94.1 - $223.5 -
1972 $105.5 - $276.3 -
1973 $121.8 - $353 -
1974 $124 - $370 -
1975 $163.6 - $471 -
1976 $192.1 - $453 -
1977 $213.8 - $448 -
1978 $254.6 - $503 -
1979 $289.1 - $670 -
1980 $325 - $933 -
1981 $280.3 - $1,066 -
1982 $298.4 - $1,131 -
1983 $259.6 - $1,075 -
1984 $248.3 - $1,097 -
1985 $333 - $1,049 -
1986 $426 - $872 -
1987 $450 - $1,052 -
1988 $466 - $984 -
1989 $443 - $1,033 -
1990 $502 $620 $1,176 $3,437
1991 $465 $618 $1,113 $3,536
1992 $462 $573 $1,164 $3,608
1993 $405 $570 $1,034 $3,550
1994 $261.3 $592 $662 $3,327
1995 $333 $631 $770 $3,434
1996 $293.3 $601 $899 $3,547
1997 $265.5 $626 $804 $3,510
1998 $266.6 $645 $660 $3,602
1999 $268 $660 $776 $3,464
2000 $239.2 $640 $1,024 $3,667
2001 $238 $668 $855 $3,748
2002 $248.6 $688 $906 $3,888
2003 $278.4 $648 $1,017 $3,887
2004 $303 $690 $1,306 $3,992
2005 $312 $702 $1,799 $4,279
2006 $334 $743 $2,104 $4,588
2007 $381 $783 $2,206 $4,243
2008 $437 $798 $2,832 $4,448
2009 $456 $877 $2,271 $4,801
2010 $477 $936 $2,947 $5,125
2011 $534 $980 $3,396 $5,175
2012 $544 $1,062 $3,732 $6,058
2013 $364 $710 $3,697 $5,834
2014 $410 $699 $3,601 $5,733
2015 $366 $769 $2,439 $4,715
2016 $387 $826 $2,093 $4,016
2017 $432 $884 $2,212 $4,445
2018 $455 $906 $2,694 $5,593
2019 $449 $985 $2,488 $5,720
2020 $463 $1,066 $1,994 $4,771
2021 $492 $1,129 $2,516 $6,263
2022 $467 $1,218 $2,621 $6,647
2023 $496 $1,257 $2,478 $6,850
2024 $516 $1,264 $2,482 $7,026

Spending and national debt comparison

In 2024, the Central African Republic's government spending was $538M, accounting for 17.9% of its GDP, while the Congo's spent $3.58B, or 21.9% of GDP.

Debt-to-GDP ratio is 58.3% in the Central African Republic and 91.4% in the Congo, ranking 87/185 and 33/185, respectively.

Central African Republic
Government spending

Government debt
Congo
Government spending

Government debt
Year % of GDP
CAR Congo
Government spending Government debt Government spending Government debt
1988 21.4% 48.8% - -
1989 19.6% 50.9% 20.3% 151.7%
1990 22% 44.6% 30.4% 0%
1991 22.6% 55.8% 34.1% 0%
1992 23.1% 57.4% 32.8% 0%
1993 20.6% 68.2% 32.8% 0%
1994 22.4% 103.4% 30.7% 0%
1995 20.6% 83.8% 27.6% 0%
1996 11.7% 93% 15.7% 0%
1997 14.5% 96.1% 22.2% 0%
1998 18.1% 85.3% 25.1% 0%
1999 18.2% 84.2% 28.8% 0%
2000 17.2% 94.7% 22.6% 145%
2001 14.1% 103.1% 29.1% 180.1%
2002 16.7% 98.5% 32.1% 163.5%
2003 12.3% 95.9% 27% 185.3%
2004 13.1% 99.7% 24.4% 122.6%
2005 16.2% 103% 22.1% 99.8%
2006 13.4% 46.7% 26.6% 94.7%
2007 12.9% 47.9% 28.6% 93.8%
2008 16% 35.8% 24.2% 69.6%
2009 16% 20.3% 24.4% 83.8%
2010 17.3% 19.9% 23% 43.5%
2011 14.2% 19.7% 27.9% 34.4%
2012 14.7% 31.5% 30.7% 30.2%
2013 13.4% 51.8% 42.4% 33.9%
2014 18% 62.2% 48.6% 42.3%
2015 14% 59.8% 41.3% 74.2%
2016 12.1% 53.9% 38.8% 84.6%
2017 13.9% 50.3% 26.6% 88.5%
2018 17.6% 50% 17.8% 71.2%
2019 16.9% 48.2% 20.2% 77.6%
2020 25.1% 44.4% 21.1% 102.5%
2021 19.7% 48.5% 20.9% 97.8%
2022 17.6% 51% 22.8% 92.5%
2023 18.1% 58.2% 20.7% 99%
2024 19.5% 60.7% 22.8% 95.4%
2025 17.9% 58.3% 21.9% 91.4%

Government deficit by year

In 2024, the Central African Republic's government deficit, the difference between spending and revenue, was -$137M, equivalent to -4.98% of GDP. This compares to the Congo's surplus of $410M, or 2.61% of GDP.

Over the past 36 years, the Central African Republic recorded a fiscal deficit in 31 of those years, while the Congo ran a deficit in 16 years. On average, the Central African Republic posted an annual deficit equal to -2.36% of GDP, compared to surplus of +0.72% of GDP for the Congo.

Deficit/surplus
Central African Republic

Congo
Year Deficit/surplus, % of GDP
CAR Congo
1988 -3.72% -
1989 -3.25% 0.78%
1990 -6.6% -4.1%
1991 -8% -11.2%
1992 -7.33% -12.7%
1993 -5.66% -11.3%
1994 -7.57% -10.6%
1995 -4.84% -6.38%
1996 -1.06% 9.2%
1997 -1.57% 3.67%
1998 0.001% -5.16%
1999 -0.5% -4.75%
2000 -2.01% 1.05%
2001 -0.88% -0.71%
2002 -1.19% -7.34%
2003 -3.06% 0.37%
2004 -1.74% 3.33%
2005 -4.37% 13.4%
2006 8.58% 16%
2007 1.04% 8.99%
2008 -1.23% 23.9%
2009 -0.54% 4.76%
2010 -1.35% 15.5%
2011 -2.15% 16.1%
2012 -0.78% 7.24%
2013 -2.3% -2.85%
2014 -3.26% -10.7%
2015 -0.59% -17.8%
2016 1.28% -14.5%
2017 -1.06% -5.57%
2018 -0.97% 5.22%
2019 1.42% 4.3%
2020 -3.36% -1.1%
2021 -6.02% 1.63%
2022 -5.34% 8.94%
2023 -3.59% 5.81%
2024 -4.98% 2.61%
2025 -1.62% 3.54%

Inflation comparison by year

Over the past 30 years, the Central African Republic has recorded an average annual inflation rate of 3.4%, compared with 3.12% in the Congo. In 2025, inflation was 4.6% in the Central African Republic and 3.6% in the Congo.

Inflation
Central African Republic

Congo
Year Inflation
CAR Congo CAR Congo
1996 3.8% 7.4%
1997 1.6% 12.7%
1998 -2% 2.2%
1999 -1.6% 3%
2000 3.4% 0.5%
2001 4.1% 0.8%
2002 2.3% 3%
2003 4.4% 1.7%
2004 -2.6% 3.7%
2005 2.9% 2.5%
2006 6.9% 4.7%
2007 0.9% 2.6%
2008 9.2% 6%
2009 3.6% 4.3%
2010 1.5% 0.4%
2011 1.2% 1.8%
2012 5.9% 5%
2013 4% 4.6%
2014 17.8% 0.9%
2015 1.4% 3.2%
2016 4.9% 3.2%
2017 4.2% 0.4%
2018 1.6% 1.2%
2019 2.8% 0.4%
2020 0.9% 1.4%
2021 4.3% 2%
2022 5.6% 3%
2023 3% 4.3%
2024 1.5% 3.1%
2025 4.6% 3.6%

Top exports between countries

CAR
Export category Export value
Wood & paper products $340K
Machinery & equipment $116K
Chemicals & pharma $31K
Textiles & consumer goods $11K
Processed food, beverages & tobacco $3K
Animal & marine products $2K
Congo
Export category Export value
Raw materials & minerals $6.67M
Processed food, beverages & tobacco $3.26M
Textiles & consumer goods $701K
Raw agricultural goods $544K
Metals $222K
Machinery & equipment $35K
Wood & paper products $35K
Chemicals & pharma $30K
Animal & marine products $5K
Miscellaneous $5K

Balance of trade

CAR Congo
Current account balance
-$24.7M
1994
$1.72B
2021
Current account balance ranking
78/189
1994
47/189
2021
Current account balance, % of GDP
-2.9%
1994
+11.6%
2021
Goods imports
$131M
1994
$2.78B
2021
Goods exports
$146M
1994
$7.51B
2021
Service imports
$114M
1994
$1.71B
2021
Service exports
$33.1M
1994
$240M
2021
Imports of goods and services, % of GDP
32.4%
2024
40.4%
2024
Exports of goods and services, % of GDP
15.5%
2024
52.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

CAR Congo
Economic freedom 42.8 48.6
Economic freedom ranking 184/197 169/197
Property rights 6.9 30.8
Government integrity 19.6 13.2
Judicial effectiveness 4 14.9
Tax burden 65.5 75.5
Government spending 89.8 86.2
Fiscal health 53.8 80.4
Business freedom 27.1 36.9
Labor freedom 48.3 52.5
Monetary freedom 72.8 77.7
Trade freedom 50.4 49.6
Investment freedom 45 35
Financial freedom 30 30

Economic freedom by year comparison

The Economic Freedom Index for the Central African Republic is 42.8, ranking 184/197, compared to 48.6 for the Congo, ranking 169/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Central African Republic
Congo
Year Economic freedom index
CAR Congo
1996 - 40.3
1997 - 42.2
1998 - 33.8
1999 - 41.6
2000 - 40.6
2001 - 44.3
2002 59.8 45.3
2003 60 47.7
2004 57.5 45.9
2005 56.5 46.2
2006 54.2 43.8
2007 50.6 44.4
2008 48.6 45.3
2009 48.3 45.4
2010 48.4 43.2
2011 49.3 43.6
2012 50.3 43.8
2013 50.4 43.5
2014 46.7 43.7
2015 45.9 42.7
2016 45.2 42.8
2017 51.8 40
2018 49.2 38.9
2019 49.1 39.7
2020 50.7 41.8
2021 48.8 50.7
2022 45.7 48.5
2023 43.8 48.1
2024 41.3 47.8
2025 42.8 48.6

More economic indicators

CAR Congo
Services, % of GDP
40.5%
2024
45%
2024
Industry, % of GDP
17.8%
2024
40.1%
2024
Agriculture, forestry, and fishing, % of GDP
32.5%
2024
9.44%
2024
GNI, Atlas method
$2.75B
2024
$15.2B
2024
GNI per capita, PPP
$1,340
2024
$6,700
2024
Total reserves including gold
$480M
2023
$715M
2023
Total reserves ranking
158/177
2023
148/177
2023
Net foreign direct investment
$3.6M
1994
$330M
2021
Net inflows of foreign direct investment
$40.4M
2024
$604M
2024
Net outflows of foreign direct investment
$1.29K
2002
$25.4M
2024
Servicing debt to the IMF, % of GNI
1.41%
2023
5.31%
2023
Poverty at national poverty lines
68.8%
2021
40.9%
2011
Gross capital formation, % of GDP
15.4%
2024
26.8%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.