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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $120B for Kenya, ranking 171/197 and 64/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (60.7% of GDP), compared to $81B (67.3% of GDP) in Kenya.

Central African Republic vs Kenya GDP by year

Central African Republic
Kenya
1x
Year GDP, current $
CAR Kenya
2024 $2,751,494,281 $120,339,557,906
2023 $2,555,492,086 $107,500,884,685
2022 $2,382,618,615 $114,448,978,153
2021 $2,516,498,412 $109,703,658,905
2020 $2,326,720,900 $100,657,505,751
2019 $2,221,301,351 $100,378,436,207
2018 $2,220,979,146 $92,202,979,985
2017 $2,072,349,973 $82,036,510,877
2016 $1,825,018,145 $74,815,144,164
2015 $1,695,825,714 $70,120,446,897
2014 $1,894,813,389 $68,285,796,514
2013 $1,691,544,110 $61,671,440,408
2012 $2,510,126,512 $56,396,704,672
2011 $2,437,982,705 $46,869,473,151
2010 $2,142,591,540 $45,405,615,064
2009 $2,067,381,665 $42,347,217,913
2008 $1,993,407,888 $35,895,153,328
2007 $1,699,811,295 $31,958,195,182
2006 $1,461,859,762 $25,825,512,284
2005 $1,337,894,379 $18,737,895,513
2004 $1,272,360,517 $16,095,337,094
2003 $1,142,315,523 $14,904,517,650
2002 $996,068,145 $13,147,736,899
2001 $932,648,605 $12,986,007,426
2000 $916,777,283 $12,705,350,098
1999 $999,477,511 $12,896,010,459
1998 $967,338,390 $14,093,998,844
1997 $937,741,513 $13,115,764,358
1996 $1,007,791,127 $12,045,865,396
1995 $1,115,389,674 $9,046,320,255
1994 $851,174,357 $7,148,148,564
1993 $1,278,781,262 $5,751,786,643
1992 $1,411,917,553 $8,209,120,763
1991 $1,377,374,987 $8,151,488,783
1990 $1,440,711,459 $8,572,359,038
1989 $1,233,930,281 $8,283,114,514
1988 $1,264,899,288 $8,355,380,879
1987 $1,200,991,978 $7,970,820,369
1986 $1,122,265,013 $7,239,126,568
1985 $864,849,836 $6,135,034,214
1984 $637,820,670 $6,191,437,070
1983 $658,679,333 $5,979,198,314
1982 $748,312,391 $6,431,579,357
1981 $694,803,623 $6,854,491,706
1980 $797,048,199 $7,265,315,820
1979 $700,764,748 $6,234,391,113
1978 $610,578,632 $5,303,735,111
1977 $507,298,148 $4,494,378,764
1976 $451,152,461 $3,474,542,392
1975 $378,660,016 $3,259,345,083
1974 $281,398,706 $2,969,958,812
1973 $271,183,082 $2,509,001,324
1972 $230,317,883 $2,107,279,157
1971 $201,450,800 $1,778,391,289
1970 $189,106,529 $1,603,447,359
1969 $188,039,210 $1,458,379,417
1968 $191,767,442 $1,353,295,459
1967 $163,820,514 $1,232,559,507
1966 $157,930,018 $1,164,519,674
1965 $150,574,795 $997,919,321
1964 $142,025,079 $998,759,334
1963 $129,379,124 $926,589,349
1962 $124,482,774 $868,111,401
1961 $123,134,583 $792,959,473
1960 $112,155,598 $791,265,459

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

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

GDP per capita in Central African Republic vs Kenya by year

Central African Republic
GDP per capita

GDP per capita, PPP
Kenya
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR Kenya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $2,132 $6,644
2023 $496 $1,257 $1,943 $6,317
2022 $467 $1,218 $2,110 $5,883
2021 $492 $1,129 $2,061 $5,339
2020 $463 $1,066 $1,928 $4,793
2019 $449 $985 $1,960 $4,687
2018 $455 $906 $1,836 $4,412
2017 $432 $884 $1,667 $4,177
2016 $387 $826 $1,554 $3,917
2015 $366 $769 $1,489 $3,678
2014 $410 $699 $1,483 $3,359
2013 $364 $710 $1,371 $3,106
2012 $544 $1,062 $1,285 $2,847
2011 $534 $980 $1,096 $2,750
2010 $477 $936 $1,092 $2,635
2009 $456 $877 $1,048 $2,480
2008 $437 $798 $916 $2,459
2007 $381 $783 $840 $2,481
2006 $334 $743 $700 $2,330
2005 $312 $702 $523 $2,189
2004 $303 $690 $464 $2,066
2003 $278.4 $648 $443 $1,975
2002 $248.6 $688 $403 $1,940
2001 $238 $668 $411 $1,961
2000 $239.2 $640 $415 $1,907
1999 $268 $660 $434 $1,910
1998 $266.6 $645 $488 $1,895
1997 $265.5 $626 $467 $1,865
1996 $293.3 $601 $441 $1,875
1995 $333 $631 $340 $1,818
1994 $261.3 $592 $276.4 $1,754
1993 $405 $570 $229 $1,723
1992 $462 $573 $337 $1,728
1991 $465 $618 $345 $1,756
1990 $502 $620 $374 $1,729
1989 $443 - $374 -
1988 $466 - $391 -
1987 $450 - $387 -
1986 $426 - $364 -
1985 $333 - $320 -
1984 $248.3 - $334 -
1983 $259.6 - $335 -
1982 $298.4 - $374 -
1981 $280.3 - $413 -
1980 $325 - $454 -
1979 $289.1 - $403 -
1978 $254.6 - $355 -
1977 $213.8 - $311 -
1976 $192.1 - $248.9 -
1975 $163.6 - $241.2 -
1974 $124 - $227.2 -
1973 $121.8 - $198.6 -
1972 $105.5 - $172.6 -
1971 $94.1 - $150.9 -
1970 $90.2 - $141 -
1969 $91.7 - $133.3 -
1968 $95.6 - $128.7 -
1967 $83.6 - $121.9 -
1966 $82.3 - $119.8 -
1965 $80.2 - $106.9 -
1964 $77.2 - $111.3 -
1963 $71.8 - $107.4 -
1962 $70.4 - $104.6 -
1961 $71 - $99.3 -
1960 $65.9 - $102.8 -

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

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

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $2,132 in Kenya, ranking 154/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while Kenya ranks 149th at $6,644.

Economic indicators

CAR Kenya
Gross domestic product
$2.75B
2024
$120B
2024
GDP rank
171/197
2024
64/197
2024
GDP growth
1.5%
2023-2024
4.72%
2023-2024
GDP per capita
$516
2024
$2,132
2024
GDP per capita rank
195/197
2024
154/197
2024
GDP per capita, PPP
$1,263
2024
$6,644
2024
GDP per capita PPP rank
195/197
2024
149/197
2024
Government debt
$1.67B
2024
$81B
2024
Debt-to-GDP ratio
60.7%
2024
67.3%
2024
Government debt per person
$313
2024
$1,436
2024
Government debt per person rank
178/185
2024
133/185
2024
Average annual personal income after taxes
$1,078
2026
$3,229
2026
Market capitalization of domestic companies n/a
$15B
2024
Income share by richest 10%
33.1%
2021
30.1%
2022
Income share by poorest 10%
2.1%
2021
2.9%
2022
Government expenditure, % of GDP
19.5%
2024
23.3%
2024
Consumer prices inflation
1.5%
2023-2024
4.49%
2023-2024
Central bank interest rate n/a
9.25%
2025
Unemployment rate
6.9%
2017
5.44%
2022
Population
5753659
58955623

Spending and national debt comparison by year

Central African Republic
Spending

Debt
Kenya
Spending

Debt
1x
Year % of GDP
CAR Kenya
Government spending Government debt Government spending Government debt
2024 19.5% 60.7% 23.3% 67.3%
2023 17.5% 55.6% 22.7% 73.4%
2022 17.4% 49.9% 23.2% 67.8%
2021 19.2% 46.9% 24% 68.2%
2020 24.2% 42.8% 24.8% 68%
2019 15.8% 44.9% 24.4% 59.1%
2018 16.8% 47.9% 24.5% 56.4%
2017 13.1% 47.4% 25.2% 53.9%
2016 11.1% 49.3% 25.4% 50.4%
2015 12.7% 54.4% 23.8% 45.8%
2014 16.7% 57.5% 23.4% 41.3%
2013 13.4% 51.8% 23.2% 39.8%
2012 14.7% 31.5% 22.1% 37.6%
2011 14.2% 19.7% 20.1% 35.7%
2010 17.3% 19.9% 21.5% 36.7%
2009 16% 20.3% 20.3% 36%
2008 16% 35.8% 18.9% 34.3%
2007 12.9% 47.9% 18.1% 34.2%
2006 13.4% 46.7% 17.3% 37.1%
2005 16.2% 103% 16.2% 37.4%
2004 13.1% 99.7% 15.4% 40.8%
2003 12.3% 95.9% 16% 43.8%
2002 16.7% 98.5% 15.7% 42%
2001 14.1% 103.1% 14.9% 41.3%
2000 17.2% 94.7% 14.1% 43.1%
1999 18.2% 84.2% 13.7% 38.4%
1998 18.1% 85.3% 15.3% 38.5%
1997 14.5% 96.1% 15.6% 36%
1996 11.7% 93% 15.2% 40.5%
1995 20.6% 83.8% 17.3% 52.1%
1994 22.4% 103.4% 18.8% 57%
1993 20.6% 68.2% 18.9% 61.6%
1992 23.1% 57.4% 17.6% 41.2%
1991 22.6% 55.8% 16.4% 43%
1990 22% 44.6% 17.2% 37.6%
1989 19.6% 50.9% 16.3% 33.4%
1988 21.4% 48.8% 15.9% 33.9%
1987 - - 15.5% 36.3%
1986 - - 15.3% 31.3%
1985 - - 15.6% 28.8%
1984 - - 14.9% 25.6%
1983 - - 14.6% 26.1%
1982 - - 16.2% 26.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20).

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

In 2024, the Central African Republic's government spending was $538M, accounting for 19.5% of its GDP, while Kenya spent $28B, or 23.3% of GDP.

Debt-to-GDP ratio is 60.7% in the Central African Republic and 67.3% in Kenya, ranking 77/185 and 64/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

Kenya
1x
Year Deficit/surplus, % of GDP
CAR Kenya
2024 -5.08% -5.77%
2023 -3.44% -5.71%
2022 -5.23% -6.06%
2021 -5.8% -7.2%
2020 -3.24% -8.13%
2019 1.33% -7.42%
2018 -0.93% -6.94%
2017 -1% -7.4%
2016 1.17% -7.47%
2015 -0.53% -6.68%
2014 -3.02% -5.75%
2013 -2.3% -5.25%
2012 -0.78% -5.29%
2011 -2.15% -3.64%
2010 -1.35% -3.67%
2009 -0.54% -3.12%
2008 -1.23% -1.95%
2007 1.04% -0.95%
2006 8.58% -0.43%
2005 -4.37% -0.19%
2004 -1.74% 0.5%
2003 -3.06% -0.73%
2002 -1.19% -1.29%
2001 -0.88% -0.53%
2000 -2.01% 0.38%
1999 -0.5% 0.84%
1998 0.001% -0.03%
1997 -1.57% -0.91%
1996 -1.06% -0.49%
1995 -4.84% -0.23%
1994 -7.57% -4.14%
1993 -5.66% -8.57%
1992 -7.33% -8.28%
1991 -8% -6.56%
1990 -6.6% -3.28%
1989 -3.25% -2.39%
1988 -3.72% -1.97%
1987 - -2.27%
1986 - -2.98%
1985 - -3.05%
1984 - -2.55%
1983 - -2.17%
1982 - -3.07%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/kenya | 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 Kenya's deficit of $6.94B, or 5.77% of GDP.

Over the past 37 years, the Central African Republic recorded a fiscal deficit in 32 of those years, while Kenya ran a deficit in 34 years. On average, the Central African Republic posted an annual deficit equal to 2.37% of GDP, compared to deficit of 3.69% of GDP for Kenya.

Inflation comparison by year

Inflation
Central African Republic

Kenya
1x
Year Consumer prices inflation
CAR Kenya
2024 1.5% 4.49%
2023 3% 7.67%
2022 5.6% 7.66%
2021 4.3% 6.11%
2020 0.9% 5.41%
2019 2.8% 5.24%
2018 1.6% 4.69%
2017 4.2% 8.01%
2016 4.9% 6.3%
2015 1.4% 6.58%
2014 17.8% 6.88%
2013 4% 5.72%
2012 5.9% 9.38%
2011 1.2% 14%
2010 1.5% 3.96%
2009 3.6% 9.23%
2008 9.2% 26.2%
2007 0.9% 9.76%
2006 6.9% 14.5%
2005 2.9% 10.3%
2004 -2.6% 11.6%
2003 4.4% 9.82%
2002 2.3% 1.96%
2001 4.1% 5.74%
2000 3.4% 9.98%
1999 -1.6% 5.74%
1998 -2% 6.72%
1997 1.6% 11.4%

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/kenya | CC BY

Over the past 28 years, the Central African Republic has recorded an average annual inflation rate of 3.35%, compared with 8.39% in Kenya. In 2024, inflation was 1.5% in the Central African Republic and 4.49% in Kenya.

Top exports between countries

CAR
Export category Export value
Kenya
Export category Export value
Processed food, beverages & tobacco $1.56M
Raw materials & minerals $1.1M
Chemicals & pharma $444K
Machinery & equipment $387K
Raw agricultural goods $245K
Textiles & consumer goods $92K
Wood & paper products $63K
Metals $30K
Precious metals & jewellery $30K
Animal & marine products $6K

Balance of trade

CAR Kenya
Current account balance
-$24.7M
1994
-$1.55B
2024
Current account balance ranking
81/190
1994
134/190
2024
Current account balance, % of GDP
-2.9%
1994
-1.29%
2024
Goods imports
$131M
1994
$22.2B
2024
Goods exports
$146M
1994
$12.5B
2024
Service imports
$114M
1994
$5.64B
2024
Service exports
$33.1M
1994
$8.04B
2024
Imports of goods and services, % of GDP
31.4%
2024
23.1%
2024
Exports of goods and services, % of GDP
15%
2024
17.1%
2024

Economic freedom indices

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

CAR Kenya
Economic freedom 43.1 55.5
Economic freedom ranking 182/197 128/197
Property rights 5.6 40.2
Government integrity 19.2 32.7
Judicial effectiveness 4 47
Tax burden 65.5 76.3
Government spending 90.1 84.1
Fiscal health 59 36.2
Business freedom 26.5 61.5
Labor freedom 48.5 56.5
Monetary freedom 75.6 75.1
Trade freedom 47.6 52
Investment freedom 45 55
Financial freedom 30 50

Economic freedom comparison by year

Central African Republic
Kenya
1x
Year Economic freedom index
CAR Kenya
2026 43.1 55.5
2025 42.8 54.8
2024 41.3 53.6
2023 43.8 52.5
2022 45.7 52.6
2021 48.8 54.9
2020 50.7 55.3
2019 49.1 55.1
2018 49.2 54.7
2017 51.8 53.5
2016 45.2 57.5
2015 45.9 55.6
2014 46.7 57.1
2013 50.4 55.9
2012 50.3 57.5
2011 49.3 57.4
2010 48.4 57.5
2009 48.3 58.7
2008 48.6 59.3
2007 50.6 59.6
2006 54.2 59.7
2005 56.5 57.9
2004 57.5 57.7
2003 60 58.6
2002 59.8 58.2
2001 - 57.6
2000 - 59.7
1999 - 58.2
1998 - 58.4
1997 - 60.1
1996 - 56.4
1995 - 54.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 55.5 for Kenya, ranking 128/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR Kenya
Services, % of GDP
42.1%
2024
55.3%
2024
Industry, % of GDP
20%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
22.5%
2024
GNI, Atlas method
$2.74B
2024
$118B
2024
GNI per capita, PPP
$1,340
2024
$6,540
2024
Total reserves including gold
$480M
2023
$10.1B
2024
Total reserves ranking
158/177
2023
75/177
2024
Net foreign direct investment
$3.6M
1994
-$45.8M
2024
Net inflows of foreign direct investment
$40.4M
2024
$463M
2024
Net outflows of foreign direct investment
$0
2024
$418M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
4.79%
2024
Poverty at national poverty lines
68.8%
2021
39.8%
2022
Gross capital formation, % of GDP
23.6%
2024
16.8%
2024

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/kenya | CC BY

Compare countries by 7 more topics

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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 (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2017, retrieved 2026-02-20)

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.