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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $84.9B for Lithuania, ranking 171/197 and 78/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (58.3% of GDP), compared to $32.4B (41.8% of GDP) in Lithuania.

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 $
Lithuania
GDP, current $

GDP, constant 2015 $
Year GDP
CAR Lithuania
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 - -
1989 $1,233,930,281 $1,525,542,171 - -
1990 $1,440,711,459 $1,492,780,725 - $30,815,380,912
1991 $1,377,374,987 $1,484,532,469 - $29,066,403,740
1992 $1,411,917,553 $1,389,164,943 - $22,887,185,525
1993 $1,278,781,262 $1,393,822,475 - $19,173,313,428
1994 $851,174,357 $1,462,119,071 - $17,300,837,661
1995 $1,115,389,674 $1,567,392,310 $7,921,210,340 $17,870,049,093
1996 $1,007,791,127 $1,504,695,161 $8,430,207,164 $18,768,366,412
1997 $937,741,513 $1,584,443,042 $10,168,271,903 $20,326,259,135
1998 $967,338,390 $1,658,914,120 $11,289,161,847 $21,843,195,079
1999 $999,477,511 $1,718,634,612 $11,022,095,814 $21,603,573,442
2000 $916,777,283 $1,675,850,365 $11,550,695,727 $22,342,117,971
2001 $932,648,605 $1,750,672,710 $12,260,761,329 $23,790,809,197
2002 $996,068,145 $1,813,986,527 $14,282,292,665 $25,389,513,379
2003 $1,142,315,523 $1,716,076,873 $18,809,197,970 $28,068,588,416
2004 $1,272,360,517 $1,818,953,694 $22,743,164,431 $29,893,617,960
2005 $1,337,894,379 $1,835,473,623 $26,105,207,115 $32,204,827,117
2006 $1,461,859,762 $1,923,045,638 $30,116,192,747 $34,586,529,059
2007 $1,699,811,295 $2,011,650,636 $39,729,151,615 $38,417,999,936
2008 $1,993,407,888 $2,052,972,574 $47,831,254,208 $39,416,661,071
2009 $2,067,381,665 $2,229,266,676 $37,494,380,039 $33,567,775,754
2010 $2,142,591,540 $2,332,499,968 $36,638,128,534 $33,711,177,147
2011 $2,437,982,705 $2,430,339,369 $43,186,501,863 $35,842,949,499
2012 $2,510,126,512 $2,553,162,919 $42,709,372,067 $37,413,912,227
2013 $1,691,544,110 $1,624,016,454 $46,303,660,422 $38,928,020,774
2014 $1,894,813,389 $1,625,333,053 $48,306,546,657 $40,396,597,407
2015 $1,695,825,714 $1,695,825,714 $41,540,954,817 $41,540,954,817
2016 $1,825,018,145 $1,776,382,809 $42,970,749,245 $42,650,896,791
2017 $2,072,349,973 $1,856,804,601 $47,756,764,508 $44,618,059,836
2018 $2,220,979,146 $1,927,167,164 $54,261,795,149 $46,812,540,125
2019 $2,221,301,351 $1,986,909,346 $55,122,066,226 $49,002,127,329
2020 $2,326,720,900 $2,004,791,530 $57,412,038,533 $49,023,107,999
2021 $2,516,498,412 $2,024,497,026 $67,037,321,009 $52,150,790,163
2022 $2,382,618,615 $2,033,686,257 $71,033,884,500 $53,474,129,887
2023 $2,555,492,086 $2,047,921,418 $79,789,877,416 $53,657,151,896
2024 $2,751,544,520 $2,079,451,881 $84,869,215,513 $55,144,866,855

Economic indicators

CAR Lithuania
Gross domestic product
$2.75B
2024
$84.9B
2024
GDP rank
171/197
2024
78/197
2024
GDP growth
7.67%
2023-2024
6.37%
2023-2024
GDP per capita
$516
2024
$29,386
2024
GDP per capita rank
194/197
2024
43/197
2024
GDP per capita, PPP
$1,264
2024
$54,414
2024
Government debt
$1.67B
2024
$32.4B
2024
Debt-to-GDP ratio
58.3%
2025
41.8%
2025
Government debt per person
$313
2024
$11,232
2024
Government debt per person rank
178/185
2024
50/185
2024
Average annual personal income after taxes
$1,261
2025
$18,848
2025
Income share by richest 10%
33.1%
2021
27.3%
2023
Income share by poorest 10%
2.1%
2021
2.2%
2023
Government expenditure, % of GDP
17.9%
2025
41.2%
2025
Consumer prices inflation
4.6%
2024-2025
0.72%
2023-2024
Unemployment rate
6.9%
2017
7.1%
2024
Population
5662456
2858798

GDP per capita in Central African Republic vs Lithuania

The Central African Republic's GDP per capita is $516, ranking 194/197, compared to $29,386 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,264, while Lithuania ranks 38th at $54,414.

Central African Republic
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
Year Current $
CAR Lithuania
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 - - -
1989 $443 - - -
1990 $502 $620 - $8,947
1991 $465 $618 - $8,710
1992 $462 $573 - $7,022
1993 $405 $570 - $6,051
1994 $261.3 $592 - $5,615
1995 $333 $631 $2,183 $5,967
1996 $293.3 $601 $2,341 $6,420
1997 $265.5 $626 $2,844 $7,103
1998 $266.6 $645 $3,181 $7,797
1999 $268 $660 $3,128 $7,857
2000 $239.2 $640 $3,301 $8,466
2001 $238 $668 $3,533 $9,457
2002 $248.6 $688 $4,148 $10,497
2003 $278.4 $648 $5,507 $12,086
2004 $303 $690 $6,735 $13,097
2005 $312 $702 $7,857 $14,515
2006 $334 $743 $9,210 $16,447
2007 $381 $783 $12,295 $19,114
2008 $437 $798 $14,956 $20,736
2009 $456 $877 $11,854 $18,168
2010 $477 $936 $11,829 $19,828
2011 $534 $980 $14,262 $22,702
2012 $544 $1,062 $14,288 $24,567
2013 $364 $710 $15,637 $26,563
2014 $410 $699 $16,446 $28,006
2015 $366 $769 $14,270 $28,854
2016 $387 $826 $14,934 $30,773
2017 $432 $884 $16,800 $33,592
2018 $455 $906 $19,247 $36,492
2019 $449 $985 $19,609 $40,564
2020 $463 $1,066 $20,429 $41,263
2021 $492 $1,129 $23,870 $45,874
2022 $467 $1,218 $25,086 $50,498
2023 $496 $1,257 $27,786 $50,915
2024 $516 $1,264 $29,386 $54,414

Spending and national debt comparison

In 2024, the Central African Republic's government spending was $538M, accounting for 17.9% of its GDP, while Lithuania's spent $33.3B, or 41.2% of GDP.

Debt-to-GDP ratio is 58.3% in the Central African Republic and 41.8% in Lithuania, ranking 87/185 and 130/185, respectively.

Central African Republic
Government spending

Government debt
Lithuania
Government spending

Government debt
Year % of GDP
CAR Lithuania
Government spending Government debt Government spending Government debt
1988 21.4% 48.8% - -
1989 19.6% 50.9% - -
1990 22% 44.6% - -
1991 22.6% 55.8% - -
1992 23.1% 57.4% - -
1993 20.6% 68.2% - -
1994 22.4% 103.4% - -
1995 20.6% 83.8% 32.9% -
1996 11.7% 93% 31.9% -
1997 14.5% 96.1% 32.5% -
1998 18.1% 85.3% 36.7% 21.7%
1999 18.2% 84.2% 39.3% 28%
2000 17.2% 94.7% 35.9% 23.5%
2001 14.1% 103.1% 35% 22.9%
2002 16.7% 98.5% 33.2% 22.1%
2003 12.3% 95.9% 32.1% 20.4%
2004 13.1% 99.7% 33.1% 18.6%
2005 16.2% 103% 33.5% 17.6%
2006 13.4% 46.7% 33.8% 17.3%
2007 12.9% 47.9% 34.5% 15.9%
2008 16% 35.8% 37.1% 14.6%
2009 16% 20.3% 43.6% 27.9%
2010 17.3% 19.9% 41.8% 36.7%
2011 14.2% 19.7% 41.8% 37.5%
2012 14.7% 31.5% 35.3% 39.9%
2013 13.4% 51.8% 34.8% 38.9%
2014 18% 62.2% 34.2% 40.7%
2015 14% 59.8% 34.3% 42.6%
2016 12.1% 53.9% 33.4% 40%
2017 13.9% 50.3% 32.4% 39.3%
2018 17.6% 50% 32.8% 33.3%
2019 16.9% 48.2% 33.5% 35.6%
2020 25.1% 44.4% 41.5% 45.9%
2021 19.7% 48.5% 36.9% 43.3%
2022 17.6% 51% 36% 38.1%
2023 18.1% 58.2% 37.1% 37.3%
2024 19.5% 60.7% 39.3% 38.2%
2025 17.9% 58.3% 41.2% 41.8%

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 Lithuania's deficit of -$1.09B, or -1.28% of GDP.

Over the past 30 years, the Central African Republic recorded a fiscal deficit in 25 of those years, while Lithuania ran a deficit in 26 years. On average, the Central African Republic posted an annual deficit equal to -1.55% of GDP, compared to deficit of -2.75% of GDP for Lithuania.

Deficit/surplus
Central African Republic

Lithuania
Year Deficit/surplus, % of GDP
CAR Lithuania
1988 -3.72% -
1989 -3.25% -
1990 -6.6% -
1991 -8% -
1992 -7.33% -
1993 -5.66% -
1994 -7.57% -
1995 -4.84% -4%
1996 -1.06% -4.22%
1997 -1.57% -1.7%
1998 0.001% -5.57%
1999 -0.5% -8.25%
2000 -2.01% -3.98%
2001 -0.88% -3.61%
2002 -1.19% -1.79%
2003 -3.06% -1.27%
2004 -1.74% -1.53%
2005 -4.37% -0.5%
2006 8.58% -0.45%
2007 1.04% -1%
2008 -1.23% -3.27%
2009 -0.54% -9.31%
2010 -1.35% -6.99%
2011 -2.15% -9.01%
2012 -0.78% -3.16%
2013 -2.3% -2.63%
2014 -3.26% -0.67%
2015 -0.59% -0.21%
2016 1.28% 0.26%
2017 -1.06% 0.45%
2018 -0.97% 0.59%
2019 1.42% 0.26%
2020 -3.36% -7.16%
2021 -6.02% -0.98%
2022 -5.34% -0.71%
2023 -3.59% -0.69%
2024 -4.98% -1.28%
2025 -1.62% -2.99%

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 4.25% in Lithuania. In 2024, inflation was 4.6% in the Central African Republic and 0.72% in Lithuania.

Inflation
Central African Republic

Lithuania
Year Inflation
CAR Lithuania CAR Lithuania
1996 3.8% 24.6%
1997 1.6% 8.88%
1998 -2% 5.07%
1999 -1.6% 0.73%
2000 3.4% 0.98%
2001 4.1% 1.37%
2002 2.3% 0.28%
2003 4.4% -1.13%
2004 -2.6% 1.16%
2005 2.9% 2.66%
2006 6.9% 3.74%
2007 0.9% 5.74%
2008 9.2% 10.9%
2009 3.6% 4.45%
2010 1.5% 1.32%
2011 1.2% 4.13%
2012 5.9% 3.09%
2013 4% 1.05%
2014 17.8% 0.1%
2015 1.4% -0.88%
2016 4.9% 0.91%
2017 4.2% 3.72%
2018 1.6% 2.7%
2019 2.8% 2.33%
2020 0.9% 1.2%
2021 4.3% 4.68%
2022 5.6% 19.7%
2023 3% 9.12%
2024 1.5% 0.72%
2025 4.6% -

Top exports between countries

CAR
Export category Export value
Lithuania
Export category Export value
Raw materials & minerals $10.4M
Raw agricultural goods $8.58M
Processed food, beverages & tobacco $103K
Machinery & equipment $89K
Chemicals & pharma $49K
Textiles & consumer goods $41K

Balance of trade

CAR Lithuania
Current account balance
-$24.7M
1994
$2.1B
2024
Current account balance ranking
78/189
1994
44/189
2024
Current account balance, % of GDP
-2.9%
1994
+2.48%
2024
Goods imports
$131M
1994
$43.8B
2024
Goods exports
$146M
1994
$38.7B
2024
Service imports
$114M
1994
$14.7B
2024
Service exports
$33.1M
1994
$24.2B
2024
Imports of goods and services, % of GDP
32.4%
2024
68.9%
2024
Exports of goods and services, % of GDP
15.5%
2024
74.1%
2024

Economic freedom indices

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

CAR Lithuania
Economic freedom 42.8 74.6
Economic freedom ranking 184/197 19/197
Property rights 6.9 89.4
Government integrity 19.6 68.7
Judicial effectiveness 4 74.6
Tax burden 65.5 76.9
Government spending 89.8 58.8
Fiscal health 53.8 96
Business freedom 27.1 81
Labor freedom 48.3 60.5
Monetary freedom 72.8 69.2
Trade freedom 50.4 79.6
Investment freedom 45 70
Financial freedom 30 70

Economic freedom by year comparison

The Economic Freedom Index for the Central African Republic is 42.8, ranking 184/197, compared to 74.6 for Lithuania, ranking 19/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Central African Republic
Lithuania
Year Economic freedom index
CAR Lithuania
1996 - 49.7
1997 - 57.3
1998 - 59.4
1999 - 61.5
2000 - 61.9
2001 - 65.5
2002 59.8 66.1
2003 60 69.7
2004 57.5 72.4
2005 56.5 70.5
2006 54.2 71.8
2007 50.6 71.5
2008 48.6 70.9
2009 48.3 70
2010 48.4 70.3
2011 49.3 71.3
2012 50.3 71.5
2013 50.4 72.1
2014 46.7 73
2015 45.9 74.7
2016 45.2 75.2
2017 51.8 75.8
2018 49.2 75.3
2019 49.1 74.2
2020 50.7 76.7
2021 48.8 76.9
2022 45.7 75.8
2023 43.8 72.2
2024 41.3 72.9
2025 42.8 74.6

More economic indicators

CAR Lithuania
Services, % of GDP
40.5%
2024
63.6%
2024
Industry, % of GDP
17.8%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
32.5%
2024
2.57%
2024
GNI, Atlas method
$2.75B
2024
$77.8B
2024
GNI per capita, PPP
$1,340
2024
$53,070
2024
Total reserves including gold
$480M
2023
$7.41B
2024
Total reserves ranking
158/177
2023
86/177
2024
Net foreign direct investment
$3.6M
1994
-$3.44B
2024
Net inflows of foreign direct investment
$40.4M
2024
$3.6B
2024
Net outflows of foreign direct investment
$1.29K
2002
$156M
2024
Servicing debt to the IMF, % of GNI
1.41%
2023
n/a
Poverty at national poverty lines
68.8%
2021
20.9%
2021
Gross capital formation, % of GDP
15.4%
2024
20.4%
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.