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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $689M for Dominica, ranking 171/197 and 190/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (60.7% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Central African Republic vs Dominica GDP by year

Central African Republic
Dominica
1x
Year GDP, current $
CAR Dominica
2024 $2,751,494,281 $688,881,481
2023 $2,555,492,086 $659,311,111
2022 $2,382,618,615 $623,062,963
2021 $2,516,498,412 $562,911,111
2020 $2,326,720,900 $528,944,444
2019 $2,221,301,351 $644,259,259
2018 $2,220,979,146 $628,244,444
2017 $2,072,349,973 $563,355,556
2016 $1,825,018,145 $612,711,111
2015 $1,695,825,714 $583,177,778
2014 $1,894,813,389 $572,255,556
2013 $1,691,544,110 $545,325,926
2012 $2,510,126,512 $520,355,556
2011 $2,437,982,705 $532,081,481
2010 $2,142,591,540 $519,859,259
2009 $2,067,381,665 $515,618,519
2008 $1,993,407,888 $480,003,704
2007 $1,699,811,295 $444,685,185
2006 $1,461,859,762 $416,674,074
2005 $1,337,894,379 $391,455,556
2004 $1,272,360,517 $396,711,111
2003 $1,142,315,523 $373,318,519
2002 $996,068,145 $375,200,000
2001 $932,648,605 $377,462,963
2000 $916,777,283 $333,470,370
1999 $999,477,511 $331,759,259
1998 $967,338,390 $322,411,111
1997 $937,741,513 $302,988,889
1996 $1,007,791,127 $292,285,185
1995 $1,115,389,674 $274,522,222
1994 $851,174,357 $264,374,074
1993 $1,278,781,262 $245,525,926
1992 $1,411,917,553 $234,059,259
1991 $1,377,374,987 $219,762,963
1990 $1,440,711,459 $201,429,630
1989 $1,233,930,281 $185,137,243
1988 $1,264,899,288 $171,106,184
1987 $1,200,991,978 $151,868,754
1986 $1,122,265,013 $135,161,959
1985 $864,849,836 $119,491,933
1984 $637,820,670 $109,157,071
1983 $658,679,333 $98,665,191
1982 $748,312,391 $89,527,577
1981 $694,803,623 $82,107,391
1980 $797,048,199 $72,804,653
1979 $700,764,748 $55,017,759
1978 $610,578,632 $57,130,216
1977 $507,298,148 $45,872,947
1976 $451,152,461 -
1975 $378,660,016 -
1974 $281,398,706 -
1973 $271,183,082 -
1972 $230,317,883 -
1971 $201,450,800 -
1970 $189,106,529 -
1969 $188,039,210 -
1968 $191,767,442 -
1967 $163,820,514 -
1966 $157,930,018 -
1965 $150,574,795 -
1964 $142,025,079 -
1963 $129,379,124 -
1962 $124,482,774 -
1961 $123,134,583 -
1960 $112,155,598 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/central-african-republic/dominica | CC BY

GDP per capita in Central African Republic vs Dominica by year

Central African Republic
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $10,405 $21,301
2023 $496 $1,257 $9,913 $20,286
2022 $467 $1,218 $9,324 $18,802
2021 $492 $1,129 $8,376 $15,809
2020 $463 $1,066 $7,828 $14,244
2019 $449 $985 $9,491 $16,021
2018 $455 $906 $9,215 $15,070
2017 $432 $884 $8,225 $12,696
2016 $387 $826 $8,803 $12,945
2015 $366 $769 $8,283 $12,093
2014 $410 $699 $8,132 $12,083
2013 $364 $710 $7,822 $11,286
2012 $544 $1,062 $7,529 $10,921
2011 $534 $980 $7,705 $11,123
2010 $477 $936 $7,550 $10,924
2009 $456 $877 $7,487 $10,804
2008 $437 $798 $6,971 $10,862
2007 $381 $783 $6,459 $9,949
2006 $334 $743 $6,056 $9,200
2005 $312 $702 $5,695 $8,557
2004 $303 $690 $5,779 $8,232
2003 $278.4 $648 $5,447 $7,714
2002 $248.6 $688 $5,488 $7,167
2001 $238 $668 $5,528 $7,291
2000 $239.2 $640 $4,867 $7,111
1999 $268 $660 $4,817 $6,759
1998 $266.6 $645 $4,664 $6,617
1997 $265.5 $626 $4,372 $6,290
1996 $293.3 $601 $4,211 $6,041
1995 $333 $631 $3,952 $5,749
1994 $261.3 $592 $3,805 $5,465
1993 $405 $570 $3,536 $5,352
1992 $462 $573 $3,376 $5,125
1991 $465 $618 $3,171 $4,914
1990 $502 $620 $2,893 $4,667
1989 $443 - $2,639 -
1988 $466 - $2,423 -
1987 $450 - $2,138 -
1986 $426 - $1,893 -
1985 $333 - $1,666 -
1984 $248.3 - $1,515 -
1983 $259.6 - $1,363 -
1982 $298.4 - $1,232 -
1981 $280.3 - $1,125 -
1980 $325 - $996 -
1979 $289.1 - $754 -
1978 $254.6 - $786 -
1977 $213.8 - $634 -
1976 $192.1 - - -
1975 $163.6 - - -
1974 $124 - - -
1973 $121.8 - - -
1972 $105.5 - - -
1971 $94.1 - - -
1970 $90.2 - - -
1969 $91.7 - - -
1968 $95.6 - - -
1967 $83.6 - - -
1966 $82.3 - - -
1965 $80.2 - - -
1964 $77.2 - - -
1963 $71.8 - - -
1962 $70.4 - - -
1961 $71 - - -
1960 $65.9 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/central-african-republic/dominica | CC BY

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while Dominica ranks 91st at $21,301.

Economic indicators

CAR Dominica
Gross domestic product
$2.75B
2024
$689M
2024
GDP rank
171/197
2024
190/197
2024
GDP growth
1.5%
2023-2024
2.05%
2023-2024
GDP per capita
$516
2024
$10,405
2024
GDP per capita rank
195/197
2024
84/197
2024
GDP per capita, PPP
$1,263
2024
$21,301
2024
GDP per capita PPP rank
195/197
2024
91/197
2024
Government debt
$1.67B
2024
$713M
2024
Debt-to-GDP ratio
60.7%
2024
103.5%
2024
Government debt per person
$313
2024
$10,765
2024
Government debt per person rank
178/185
2024
55/185
2024
Average annual personal income after taxes
$1,078
2026
$6,045
2026
Income share by richest 10%
33.1%
2021
n/a
Income share by poorest 10%
2.1%
2021
n/a
Government expenditure, % of GDP
19.5%
2024
60.9%
2024
Consumer prices inflation
1.5%
2023-2024
2.57%
2023-2024
Unemployment rate
6.9%
2017
11%
2001
Population
5753659
65539

Spending and national debt comparison by year

Central African Republic
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
CAR Dominica
Government spending Government debt Government spending Government debt
2024 19.5% 60.7% 60.9% 103.5%
2023 17.5% 55.6% 66.8% 103.2%
2022 17.4% 49.9% 72.7% 108.3%
2021 19.2% 46.9% 70.1% 113.6%
2020 24.2% 42.8% 70.1% 118.2%
2019 15.8% 44.9% 44% 89.1%
2018 16.8% 47.9% 66.7% 90%
2017 13.1% 47.4% 55.7% 86.7%
2016 11.1% 49.3% 45.8% 72.9%
2015 12.7% 54.4% 33.5% 71.1%
2014 16.7% 57.5% 33.3% 73.5%
2013 13.4% 51.8% 34.2% 75.6%
2012 14.7% 31.5% 36.6% 74%
2011 14.2% 19.7% 34.7% 68.6%
2010 17.3% 19.9% 39.7% 67.3%
2009 16% 20.3% 36.1% 62.8%
2008 16% 35.8% 35.9% 66.5%
2007 12.9% 47.9% 35.6% 74.9%
2006 13.4% 46.7% 30.9% 80.4%
2005 16.2% 103% 32.1% 84.9%
2004 13.1% 99.7% 30.1% 85.8%
2003 12.3% 95.9% 31.2% 98.2%
2002 16.7% 98.5% 29% 99.4%
2001 14.1% 103.1% 29.3% 97.5%
2000 17.2% 94.7% 38.9% 69.6%
1999 18.2% 84.2% 35.3% 62%
1998 18.1% 85.3% 33.5% 57.1%
1997 14.5% 96.1% 29.1% 49.3%
1996 11.7% 93% 29% 54.7%
1995 20.6% 83.8% 29.7% 59.3%
1994 22.4% 103.4% 27.7% 57%
1993 20.6% 68.2% 26.1% 55.4%
1992 23.1% 57.4% 28% 55.3%
1991 22.6% 55.8% 29.9% 58.7%
1990 22% 44.6% 32.9% 56.6%
1989 19.6% 50.9% - -
1988 21.4% 48.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/dominica | CC BY

In 2024, the Central African Republic's government spending was $538M, accounting for 19.5% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 60.7% in the Central African Republic and 103.5% in Dominica, ranking 77/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

Dominica
1x
Year Deficit/surplus, % of GDP
CAR Dominica
2024 -5.08% -2.28%
2023 -3.44% -4.66%
2022 -5.23% -7.49%
2021 -5.8% -8.61%
2020 -3.24% -7.91%
2019 1.33% -7.95%
2018 -0.93% -18.1%
2017 -1% -3.37%
2016 1.17% 11%
2015 -0.53% 11.8%
2014 -3.02% -5.65%
2013 -2.3% -2.95%
2012 -0.78% -5.48%
2011 -2.15% -4.34%
2010 -1.35% -3.41%
2009 -0.54% -0.31%
2008 -1.23% 0.72%
2007 1.04% 1.88%
2006 8.58% 3.04%
2005 -4.37% 0.98%
2004 -1.74% -0.67%
2003 -3.06% 0.88%
2002 -1.19% -4.13%
2001 -0.88% -6.48%
2000 -2.01% -8.75%
1999 -0.5% -9.2%
1998 0.001% -6.08%
1997 -1.57% -2.31%
1996 -1.06% -1.62%
1995 -4.84% -2.97%
1994 -7.57% -3.42%
1993 -5.66% -1.46%
1992 -7.33% -2.28%
1991 -8% -3.08%
1990 -6.6% -4.87%
1989 -3.25% -
1988 -3.72% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/dominica | CC BY

In 2024, the Central African Republic's government deficit, the difference between spending and revenue, was $140M, equivalent to 5.08% of GDP. This compares to Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 35 years, the Central African Republic recorded a fiscal deficit in 30 of those years, while Dominica ran a deficit in 28 years. On average, the Central African Republic posted an annual deficit equal to 2.31% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Central African Republic

Dominica
1x
Year Consumer prices inflation
CAR Dominica
2024 1.5% 2.57%
2023 3% 5.09%
2022 5.6% 2.88%
2021 4.3% 2.23%
2020 0.9% 1.22%
2019 2.8% 1.5%
2018 1.6% 0.99%
2017 4.2% 0.3%
2016 4.9% 0.14%
2015 1.4% -0.84%
2014 17.8% 0.8%
2013 4% -0.05%
2012 5.9% 1.36%
2011 1.2% 1.13%
2010 1.5% 3%
2009 3.6% 0.006%
2008 9.2% 6.36%
2007 0.9% 3.63%
2006 6.9% 2.2%
2005 2.9% 1.68%
2004 -2.6% 2.39%
2003 4.4% 1.45%
2002 2.3% 0.17%
2001 4.1% 1.3%
2000 3.4% 0.86%
1999 -1.6% 1.18%
1998 -2% 1%
1997 1.6% 2.44%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/central-african-republic/dominica | CC BY

Over the past 28 years, the Central African Republic has recorded an average annual inflation rate of 3.35%, compared with 1.68% in Dominica. In 2024, inflation was 1.5% in the Central African Republic and 2.57% in Dominica.

Balance of trade

CAR Dominica
Current account balance
-$24.7M
1994
-$160M
2024
Current account balance ranking
81/190
1994
94/190
2024
Current account balance, % of GDP
-2.9%
1994
-23.2%
2024
Goods imports
$131M
1994
$231M
2024
Goods exports
$146M
1994
$22M
2024
Service imports
$114M
1994
$157M
2024
Service exports
$33.1M
1994
$191M
2024
Imports of goods and services, % of GDP
31.4%
2024
n/a
Exports of goods and services, % of GDP
15%
2024
8.5%
2025

Economic freedom indices

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

CAR Dominica
Economic freedom 43.1 56.1
Economic freedom ranking 182/197 124/197
Property rights 5.6 65.8
Government integrity 19.2 61.2
Judicial effectiveness 4 77.3
Tax burden 65.5 76.1
Government spending 90.1 0
Fiscal health 59 45.6
Business freedom 26.5 66.2
Labor freedom 48.5 49.8
Monetary freedom 75.6 77.7
Trade freedom 47.6 53.2
Investment freedom 45 60
Financial freedom 30 40

Economic freedom comparison by year

Central African Republic
Dominica
1x
Year Economic freedom index
CAR Dominica
2026 43.1 56.1
2025 42.8 55.3
2024 41.3 54
2023 43.8 59.7
2022 45.7 54.4
2021 48.8 53
2020 50.7 60.8
2019 49.1 63.6
2018 49.2 64.5
2017 51.8 63.7
2016 45.2 67
2015 45.9 66.1
2014 46.7 65.2
2013 50.4 63.9
2012 50.3 61.6
2011 49.3 63.3
2010 48.4 63.2
2009 48.3 62.6
2008 48.6 -
2007 50.6 -
2006 54.2 -
2005 56.5 -
2004 57.5 -
2003 60 -
2002 59.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (2002–2026, retrieved 2026-03-09).

GeoRank.org/economy/central-african-republic/dominica | CC BY

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR Dominica
Services, % of GDP
42.1%
2024
56.9%
2024
Industry, % of GDP
20%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
12.2%
2024
GNI, Atlas method
$2.74B
2024
$677M
2024
GNI per capita, PPP
$1,340
2024
$21,410
2024
Total reserves including gold
$480M
2023
$156M
2024
Total reserves ranking
158/177
2023
172/177
2024
Net foreign direct investment
$3.6M
1994
-$36.4M
2024
Net inflows of foreign direct investment
$40.4M
2024
$60M
2024
Net outflows of foreign direct investment
$0
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
9.52%
2024
Poverty at national poverty lines
68.8%
2021
29%
2020
Gross capital formation, % of GDP
23.6%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/central-african-republic/dominica | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (2002–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.