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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $20.1B for Lebanon, ranking 171/197 and 128/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (58.3% of GDP), compared to $38.6B (149.1% of GDP) in Lebanon.

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 $
Lebanon
GDP, current $

GDP, constant 2015 $
Year GDP
CAR Lebanon
Current $ Constant $ Current $ Constant $
1960 $112,155,598 $980,371,514 - -
1961 $123,134,583 $1,028,934,744 - -
1962 $124,482,774 $990,722,164 - -
1963 $129,379,124 $983,717,651 - -
1964 $142,025,079 $1,004,182,172 - -
1965 $150,574,795 $1,013,697,588 - -
1966 $157,930,018 $1,020,233,745 - -
1967 $163,820,514 $1,067,946,130 - -
1968 $191,767,442 $1,082,941,303 - -
1969 $188,039,210 $1,159,738,546 - -
1970 $189,106,529 $1,186,793,864 - -
1971 $201,450,800 $1,200,207,037 - -
1972 $230,317,883 $1,200,196,629 - -
1973 $271,183,082 $1,222,867,623 - -
1974 $281,398,706 $1,300,385,612 - -
1975 $378,660,016 $1,305,652,006 - -
1976 $451,152,461 $1,376,581,800 - -
1977 $507,298,148 $1,428,977,737 - -
1978 $610,578,632 $1,446,257,442 - -
1979 $700,764,748 $1,410,605,203 - -
1980 $797,048,199 $1,347,429,290 - -
1981 $694,803,623 $1,326,618,708 - -
1982 $748,312,391 $1,428,977,737 - -
1983 $658,679,333 $1,312,851,667 - -
1984 $637,820,670 $1,437,332,673 - -
1985 $864,849,836 $1,493,779,883 - -
1986 $1,122,265,013 $1,547,227,017 - -
1987 $1,200,991,978 $1,470,809,662 - -
1988 $1,264,899,288 $1,495,962,938 $3,313,540,068 $13,590,690,652
1989 $1,233,930,281 $1,525,542,171 $2,717,998,688 $7,821,290,497
1990 $1,440,711,459 $1,492,780,725 $2,838,485,354 $9,896,526,026
1991 $1,377,374,987 $1,484,532,469 $4,690,415,093 $14,790,098,776
1992 $1,411,917,553 $1,389,164,943 $5,843,579,161 $17,221,346,343
1993 $1,278,781,262 $1,393,822,475 $7,941,744,492 $19,075,339,625
1994 $851,174,357 $1,462,119,071 $9,599,127,050 $20,621,442,059
1995 $1,115,389,674 $1,567,392,310 $11,718,795,529 $21,951,290,517
1996 $1,007,791,127 $1,504,695,161 $13,690,217,334 $24,428,699,054
1997 $937,741,513 $1,584,443,042 $15,751,867,489 $24,686,413,686
1998 $967,338,390 $1,658,914,120 $17,247,179,006 $25,591,349,425
1999 $999,477,511 $1,718,634,612 $17,391,056,369 $25,456,845,224
2000 $916,777,283 $1,675,850,365 $17,260,364,842 $25,798,443,406
2001 $932,648,605 $1,750,672,710 $17,649,751,244 $26,789,018,311
2002 $996,068,145 $1,813,986,527 $19,152,238,806 $27,706,046,545
2003 $1,142,315,523 $1,716,076,873 $20,082,918,740 $28,600,147,894
2004 $1,272,360,517 $1,818,953,694 $21,159,827,992 $30,510,478,932
2005 $1,337,894,379 $1,835,473,623 $21,497,336,499 $31,329,923,063
2006 $1,461,859,762 $1,923,045,638 $22,022,709,851 $31,815,384,921
2007 $1,699,811,295 $2,011,650,636 $24,827,355,015 $34,777,595,316
2008 $1,993,407,888 $2,052,972,574 $29,118,916,105 $37,931,620,044
2009 $2,067,381,665 $2,229,266,676 $35,399,582,929 $41,812,842,420
2010 $2,142,591,540 $2,332,499,968 $38,443,907,042 $45,147,473,284
2011 $2,437,982,705 $2,430,339,369 $39,927,125,962 $45,539,055,324
2012 $2,510,126,512 $2,553,162,919 $44,016,799,516 $46,707,037,069
2013 $1,691,544,110 $1,624,016,454 $46,880,103,081 $48,494,923,363
2014 $1,894,813,389 $1,625,333,053 $48,095,213,747 $49,699,566,407
2015 $1,695,825,714 $1,695,825,714 $49,929,337,837 $49,929,337,837
2016 $1,825,018,145 $1,776,382,809 $51,147,308,774 $50,705,514,063
2017 $2,072,349,973 $1,856,804,601 $53,027,680,686 $51,163,399,288
2018 $2,220,979,146 $1,927,167,164 $54,901,519,156 $50,199,119,756
2019 $2,221,301,351 $1,986,909,346 $51,605,959,131 $46,727,888,411
2020 $2,326,720,900 $2,004,791,530 $31,712,128,254 $36,728,167,163
2021 $2,516,498,412 $2,024,497,026 $23,131,941,557 $34,156,740,537
2022 $2,382,618,615 $2,033,686,257 $20,992,421,949 $33,944,395,264
2023 $2,555,492,086 $2,047,921,418 $20,078,620,357 $33,686,219,465
2024 $2,751,544,520 $2,079,451,881 - -

Economic indicators

CAR Lebanon
Gross domestic product
$2.75B
2024
$20.1B
2023
GDP rank
171/197
2024
128/197
2023
GDP growth
7.67%
2023-2024
-4.35%
2022-2023
GDP per capita
$516
2024
$3,478
2023
GDP per capita rank
194/197
2024
135/197
2023
GDP per capita, PPP
$1,264
2024
$12,575
2023
Government debt
$1.67B
2024
$38.6B
2023
Debt-to-GDP ratio
58.3%
2025
149.1%
2025
Government debt per person
$313
2024
$6,680
2023
Government debt per person rank
178/185
2024
70/185
2023
Average annual personal income after taxes
$1,261
2025
$3,779
2025
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
33.1%
2021
25.1%
2022
Income share by poorest 10%
2.1%
2021
2.8%
2022
Government expenditure, % of GDP
17.9%
2025
18.3%
2025
Consumer prices inflation
4.6%
2024-2025
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
6.9%
2017
11.3%
2019
Population
5662456
5888008

GDP per capita in Central African Republic vs Lebanon

The Central African Republic's GDP per capita is $516, ranking 194/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,264, while Lebanon ranks 121st at $12,575.

Central African Republic
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
Year Current $
CAR Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $65.9 - - -
1961 $71 - - -
1962 $70.4 - - -
1963 $71.8 - - -
1964 $77.2 - - -
1965 $80.2 - - -
1966 $82.3 - - -
1967 $83.6 - - -
1968 $95.6 - - -
1969 $91.7 - - -
1970 $90.2 - - -
1971 $94.1 - - -
1972 $105.5 - - -
1973 $121.8 - - -
1974 $124 - - -
1975 $163.6 - - -
1976 $192.1 - - -
1977 $213.8 - - -
1978 $254.6 - - -
1979 $289.1 - - -
1980 $325 - - -
1981 $280.3 - - -
1982 $298.4 - - -
1983 $259.6 - - -
1984 $248.3 - - -
1985 $333 - - -
1986 $426 - - -
1987 $450 - - -
1988 $466 - $959 -
1989 $443 - $771 -
1990 $502 $620 $790 $2,990
1991 $465 $618 $1,278 $4,527
1992 $462 $573 $1,559 $5,279
1993 $405 $570 $2,079 $5,871
1994 $261.3 $592 $2,468 $6,367
1995 $333 $631 $2,959 $6,796
1996 $293.3 $601 $3,393 $7,560
1997 $265.5 $626 $3,834 $7,632
1998 $266.6 $645 $4,125 $7,861
1999 $268 $660 $4,087 $7,793
2000 $239.2 $640 $3,987 $7,938
2001 $238 $668 $4,010 $8,289
2002 $248.6 $688 $4,291 $8,586
2003 $278.4 $648 $4,438 $8,914
2004 $303 $690 $4,601 $9,609
2005 $312 $702 $4,602 $10,020
2006 $334 $743 $4,635 $10,312
2007 $381 $783 $5,125 $11,356
2008 $437 $798 $5,912 $12,416
2009 $456 $877 $7,091 $13,586
2010 $477 $936 $7,626 $14,704
2011 $534 $980 $7,835 $14,975
2012 $544 $1,062 $8,407 $16,121
2013 $364 $710 $8,162 $16,316
2014 $410 $699 $7,578 $16,140
2015 $366 $769 $7,714 $17,046
2016 $387 $826 $8,089 $18,941
2017 $432 $884 $8,608 $20,964
2018 $455 $906 $9,175 $21,985
2019 $449 $985 $8,906 $21,710
2020 $463 $1,066 $5,561 $16,260
2021 $492 $1,129 $4,045 $11,600
2022 $467 $1,218 $3,654 $12,293
2023 $496 $1,257 $3,478 $12,575
2024 $516 $1,264 - -

Spending and national debt comparison

In 2024, the Central African Republic's government spending was $538M, accounting for 17.9% of its GDP, while Lebanon's spent $2.67B, or 18.3% of GDP.

Debt-to-GDP ratio is 58.3% in the Central African Republic and 149.1% in Lebanon, ranking 87/185 and 6/185, respectively.

Central African Republic
Government spending

Government debt
Lebanon
Government spending

Government debt
Year % of GDP
CAR Lebanon
Government spending Government debt Government spending Government debt
1988 21.4% 48.8% - -
1989 19.6% 50.9% - -
1990 22% 44.6% 40% 99.7%
1991 22.6% 55.8% 35.6% 67.1%
1992 23.1% 57.4% 36.1% 51.7%
1993 20.6% 68.2% 23% 50.5%
1994 22.4% 103.4% 47.3% 71.5%
1995 20.6% 83.8% 31.1% 79.6%
1996 11.7% 93% 43.6% 101.2%
1997 14.5% 96.1% 40.5% 100.2%
1998 18.1% 85.3% 34.7% 108.2%
1999 18.2% 84.2% 35.6% 130.2%
2000 17.2% 94.7% 42.8% 148.1%
2001 14.1% 103.1% 38.9% 163.1%
2002 16.7% 98.5% 36.8% 163.1%
2003 12.3% 95.9% 36.4% 171.3%
2004 13.1% 99.7% 33.3% 169.5%
2005 16.2% 103% 31.4% 178.9%
2006 13.4% 46.7% 36.1% 183.3%
2007 12.9% 47.9% 35.2% 169.3%
2008 16% 35.8% 34.3% 161.5%
2009 16% 20.3% 32.1% 144.5%
2010 17.3% 19.9% 29.2% 136.8%
2011 14.2% 19.7% 28.8% 134.4%
2012 14.7% 31.5% 30.2% 131.1%
2013 13.4% 51.8% 28.9% 135.4%
2014 18% 62.2% 28.8% 138.4%
2015 14% 59.8% 26.7% 140.8%
2016 12.1% 53.9% 28.3% 146.4%
2017 13.9% 50.3% 30.6% 150%
2018 17.6% 50% 32.3% 155.1%
2019 16.9% 48.2% 31.3% 172.1%
2020 25.1% 44.4% 23% 148.7%
2021 19.7% 48.5% 10.2% 361%
2022 17.6% 51% 12.2% 246.5%
2023 18.1% 58.2% 13.3% 192.1%
2024 19.5% 60.7% 16.1% 164.1%
2025 17.9% 58.3% 18.3% 149.1%

Government deficit by year

In 2023, the Central African Republic's government deficit, the difference between spending and revenue, was -$91.7M, equivalent to -3.59% of GDP. This compares to Lebanon's deficit of -$21.1M, or -0.11% of GDP.

Over the past 34 years, the Central African Republic recorded a fiscal deficit in 29 of those years, while Lebanon ran a deficit in 34 years. On average, the Central African Republic posted an annual deficit equal to -2.25% of GDP, compared to deficit of -12.9% of GDP for Lebanon.

Deficit/surplus
Central African Republic

Lebanon
Year Deficit/surplus, % of GDP
CAR Lebanon
1988 -3.72% -
1989 -3.25% -
1990 -6.6% -30.2%
1991 -8% -19.5%
1992 -7.33% -24%
1993 -5.66% -7.19%
1994 -7.57% -29.1%
1995 -4.84% -13.6%
1996 -1.06% -25.7%
1997 -1.57% -24.5%
1998 0.001% -17.3%
1999 -0.5% -16.7%
2000 -2.01% -23.9%
2001 -0.88% -21%
2002 -1.19% -16.2%
2003 -3.06% -14%
2004 -1.74% -9.83%
2005 -4.37% -8.57%
2006 8.58% -10.6%
2007 1.04% -10.9%
2008 -1.23% -9.86%
2009 -0.54% -8.1%
2010 -1.35% -7.47%
2011 -2.15% -5.94%
2012 -0.78% -8.43%
2013 -2.3% -8.82%
2014 -3.26% -6.22%
2015 -0.59% -7.48%
2016 1.28% -8.88%
2017 -1.06% -8.65%
2018 -0.97% -11.3%
2019 1.42% -10.5%
2020 -3.36% -7.15%
2021 -6.02% -1.98%
2022 -5.34% -6.5%
2023 -3.59% -0.11%
2024 -4.98% 0.36%
2025 -1.62% 0.01%

Inflation comparison by year

Over the past 29 years, the Central African Republic has recorded an average annual inflation rate of 3.36%, compared with 26% in Lebanon. In 2024, inflation was 4.6% in the Central African Republic and 45.2% in Lebanon.

Inflation
Central African Republic

Lebanon
Year Inflation
CAR Lebanon CAR Lebanon
1996 3.8% 8.9%
1997 1.6% 7.7%
1998 -2% 4.5%
1999 -1.6% 0.2%
2000 3.4% -0.4%
2001 4.1% -0.4%
2002 2.3% 1.8%
2003 4.4% 1.3%
2004 -2.6% 1.7%
2005 2.9% -1.4%
2006 6.9% 4.1%
2007 0.9% 4.1%
2008 9.2% 10.7%
2009 3.6% 1.2%
2010 1.5% 4%
2011 1.2% 5%
2012 5.9% 6.6%
2013 4% 5.6%
2014 17.8% 1.1%
2015 1.4% -3.8%
2016 4.9% -0.8%
2017 4.2% 4.5%
2018 1.6% 6.1%
2019 2.8% 2.9%
2020 0.9% 84.9%
2021 4.3% 154.8%
2022 5.6% 171.2%
2023 3% 221.3%
2024 1.5% 45.2%
2025 4.6% -

Top exports between countries

CAR
Export category Export value
Processed food, beverages & tobacco $130K
Machinery & equipment $102K
Raw agricultural goods $70K
Wood & paper products $12K
Lebanon
Export category Export value
Machinery & equipment $1.23M
Metals $525K
Processed food, beverages & tobacco $503K
Chemicals & pharma $359K
Raw agricultural goods $268K
Textiles & consumer goods $150K
Precious metals & jewellery $96K
Wood & paper products $63K
Animal & marine products $56K
Raw materials & minerals $40K

Balance of trade

CAR Lebanon
Current account balance
-$24.7M
1994
-$5.64B
2023
Current account balance ranking
78/189
1994
168/189
2023
Current account balance, % of GDP
-2.9%
1994
-28.1%
2023
Goods imports
$131M
1994
$16.7B
2023
Goods exports
$146M
1994
$3.85B
2023
Service imports
$114M
1994
$6.63B
2023
Service exports
$33.1M
1994
$7.92B
2023
Imports of goods and services, % of GDP
32.4%
2024
73.7%
2023
Exports of goods and services, % of GDP
15.5%
2024
30.6%
2023

Economic freedom indices

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

CAR Lebanon
Economic freedom 42.8 44.1
Economic freedom ranking 184/197 181/197
Property rights 6.9 22.3
Government integrity 19.6 24.5
Judicial effectiveness 4 22.6
Tax burden 65.5 90.3
Government spending 89.8 95.6
Fiscal health 53.8 63.6
Business freedom 27.1 47.8
Labor freedom 48.3 57.1
Monetary freedom 72.8 0
Trade freedom 50.4 65.4
Investment freedom 45 20
Financial freedom 30 20

Economic freedom by year comparison

The Economic Freedom Index for the Central African Republic is 42.8, ranking 184/197, compared to 44.1 for Lebanon, ranking 181/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Central African Republic
Lebanon
Year Economic freedom index
CAR Lebanon
1996 - 63.2
1997 - 63.9
1998 - 59
1999 - 59.1
2000 - 56.1
2001 - 61
2002 59.8 57.1
2003 60 56.7
2004 57.5 56.9
2005 56.5 57.2
2006 54.2 57.5
2007 50.6 60.4
2008 48.6 60
2009 48.3 58.1
2010 48.4 59.5
2011 49.3 60.1
2012 50.3 60.1
2013 50.4 59.5
2014 46.7 59.4
2015 45.9 59.3
2016 45.2 59.5
2017 51.8 53.3
2018 49.2 53.2
2019 49.1 51.1
2020 50.7 51.7
2021 48.8 51.4
2022 45.7 47.3
2023 43.8 45.6
2024 41.3 48.3
2025 42.8 44.1

More economic indicators

CAR Lebanon
Services, % of GDP
40.5%
2024
42.4%
2023
Industry, % of GDP
17.8%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
32.5%
2024
0.97%
2023
GNI, Atlas method
$2.75B
2024
$21.6B
2023
GNI per capita, PPP
$1,340
2024
$12,530
2023
Total reserves including gold
$480M
2023
$33.3B
2024
Total reserves ranking
158/177
2023
54/177
2024
Net foreign direct investment
$3.6M
1994
-$583M
2023
Net inflows of foreign direct investment
$40.4M
2024
$1.84B
2024
Net outflows of foreign direct investment
$1.29K
2002
$391M
2024
Servicing debt to the IMF, % of GNI
1.41%
2023
21.8%
2023
Poverty at national poverty lines
68.8%
2021
27.4%
2012
Gross capital formation, % of GDP
15.4%
2024
1.9%
2023

GDP per capita map

GDP per capita

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Economy comparisons

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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.