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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $22.7B for Mozambique, ranking 171/197 and 123/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (60.7% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Central African Republic vs Mozambique GDP by year

Central African Republic
Mozambique
1x
Year GDP, current $
CAR Mozambique
2024 $2,751,494,281 $22,745,341,305
2023 $2,555,492,086 $20,921,079,533
2022 $2,382,618,615 $18,883,528,581
2021 $2,516,498,412 $16,168,055,475
2020 $2,326,720,900 $14,235,420,174
2019 $2,221,301,351 $15,512,759,047
2018 $2,220,979,146 $15,017,358,953
2017 $2,072,349,973 $13,264,640,646
2016 $1,825,018,145 $12,069,051,237
2015 $1,695,825,714 $16,208,985,770
2014 $1,894,813,389 $17,978,246,586
2013 $1,691,544,110 $17,198,073,057
2012 $2,510,126,512 $16,688,114,144
2011 $2,437,982,705 $14,619,279,989
2010 $2,142,591,540 $11,411,894,724
2009 $2,067,381,665 $12,263,894,790
2008 $1,993,407,888 $12,920,340,965
2007 $1,699,811,295 $10,811,456,006
2006 $1,461,859,762 $9,509,835,537
2005 $1,337,894,379 $8,868,504,900
2004 $1,272,360,517 $7,937,255,565
2003 $1,142,315,523 $6,583,526,861
2002 $996,068,145 $5,950,769,427
2001 $932,648,605 $5,650,154,067
2000 $916,777,283 $5,930,685,215
1999 $999,477,511 $6,285,219,691
1998 $967,338,390 $5,551,118,149
1997 $937,741,513 $4,873,663,775
1996 $1,007,791,127 $4,030,146,135
1995 $1,115,389,674 $3,061,646,174
1994 $851,174,357 $2,958,108,170
1993 $1,278,781,262 $2,883,161,897
1992 $1,411,917,553 $2,798,696,511
1991 $1,377,374,987 $3,854,856,435
1990 $1,440,711,459 -
1989 $1,233,930,281 -
1988 $1,264,899,288 -
1987 $1,200,991,978 -
1986 $1,122,265,013 -
1985 $864,849,836 -
1984 $637,820,670 -
1983 $658,679,333 -
1982 $748,312,391 -
1981 $694,803,623 -
1980 $797,048,199 -
1979 $700,764,748 -
1978 $610,578,632 -
1977 $507,298,148 -
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/mozambique | CC BY

GDP per capita in Central African Republic vs Mozambique by year

Central African Republic
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $657 $1,705
2023 $496 $1,257 $622 $1,678
2022 $467 $1,218 $578 $1,582
2021 $492 $1,129 $510 $1,457
2020 $463 $1,066 $462 $1,412
2019 $449 $985 $519 $1,389
2018 $455 $906 $518 $1,326
2017 $432 $884 $471 $1,283
2016 $387 $826 $441 $1,379
2015 $366 $769 $611 $1,318
2014 $410 $699 $697 $1,166
2013 $364 $710 $687 $1,114
2012 $544 $1,062 $686 $1,076
2011 $534 $980 $618 $1,064
2010 $477 $936 $496 $1,000
2009 $456 $877 $548 $951
2008 $437 $798 $592 $916
2007 $381 $783 $508 $862
2006 $334 $743 $457 $798
2005 $312 $702 $437 $721
2004 $303 $690 $400 $673
2003 $278.4 $648 $339 $620
2002 $248.6 $688 $314 $580
2001 $238 $668 $305 $533
2000 $239.2 $640 $327 $472
1999 $268 $660 $354 $468
1998 $266.6 $645 $320 $422
1997 $265.5 $626 $287.5 $387
1996 $293.3 $601 $244.4 $350
1995 $333 $631 $191.8 $321
1994 $261.3 $592 $196.8 $326
1993 $405 $570 $205.2 $321
1992 $462 $573 $205.6 $292
1991 $465 $618 $288.7 $315
1990 $502 $620 - $296
1989 $443 - - -
1988 $466 - - -
1987 $450 - - -
1986 $426 - - -
1985 $333 - - -
1984 $248.3 - - -
1983 $259.6 - - -
1982 $298.4 - - -
1981 $280.3 - - -
1980 $325 - - -
1979 $289.1 - - -
1978 $254.6 - - -
1977 $213.8 - - -
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/mozambique | CC BY

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while Mozambique ranks 192nd at $1,705.

Economic indicators

CAR Mozambique
Gross domestic product
$2.75B
2024
$22.7B
2024
GDP rank
171/197
2024
123/197
2024
GDP growth
1.5%
2023-2024
2.15%
2023-2024
GDP per capita
$516
2024
$657
2024
GDP per capita rank
195/197
2024
189/197
2024
GDP per capita, PPP
$1,263
2024
$1,705
2024
GDP per capita PPP rank
195/197
2024
192/197
2024
Government debt
$1.67B
2024
$21.2B
2024
Debt-to-GDP ratio
60.7%
2024
93.2%
2024
Government debt per person
$313
2024
$612
2024
Government debt per person rank
178/185
2024
159/185
2024
Average annual personal income after taxes
$1,078
2026
$1,778
2026
Income share by richest 10%
33.1%
2021
40.8%
2022
Income share by poorest 10%
2.1%
2021
1.7%
2022
Government expenditure, % of GDP
19.5%
2024
33.2%
2024
Consumer prices inflation
1.5%
2023-2024
3.2%
2023-2024
Central bank interest rate n/a
9.75%
2025
Unemployment rate
6.9%
2017
6.79%
2022
Population
5753659
36941128

Spending and national debt comparison by year

Central African Republic
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
CAR Mozambique
Government spending Government debt Government spending Government debt
2024 19.5% 60.7% 33.2% 93.2%
2023 17.5% 55.6% 33.3% 90.9%
2022 17.4% 49.9% 32.9% 100.3%
2021 19.2% 46.9% 32.1% 104.3%
2020 24.2% 42.8% 33.9% 120%
2019 15.8% 44.9% 28% 98.3%
2018 16.8% 47.9% 32.9% 105.5%
2017 13.1% 47.4% 29.5% 103.8%
2016 11.1% 49.3% 29.1% 124.8%
2015 12.7% 54.4% 32.2% 86%
2014 16.7% 57.5% 39.7% 63.4%
2013 13.4% 51.8% 31.7% 49.5%
2012 14.7% 31.5% 28.1% 36.7%
2011 14.2% 19.7% 28.9% 34.2%
2010 17.3% 19.9% 26.7% 38.6%
2009 16% 20.3% 25.7% 39.3%
2008 16% 35.8% 21.3% 32.8%
2007 12.9% 47.9% 20.9% 31.2%
2006 13.4% 46.7% 20.1% 40%
2005 16.2% 103% 17% 60.1%
2004 13.1% 99.7% 17.8% 50.8%
2003 12.3% 95.9% 18.6% 63.2%
2002 16.7% 98.5% 18.6% 63.4%
2001 14.1% 103.1% 20.8% 99.8%
2000 17.2% 94.7% 17.2% 95.8%
1999 18.2% 84.2% 15.6% 94.7%
1998 18.1% 85.3% 14.9% -
1997 14.5% 96.1% 16.5% -
1996 11.7% 93% 14.9% -
1995 20.6% 83.8% 18.8% -
1994 22.4% 103.4% 22.9% -
1993 20.6% 68.2% 20.7% -
1992 23.1% 57.4% 21.1% -
1991 22.6% 55.8% 17.3% -
1990 22% 44.6% 21% -
1989 19.6% 50.9% 27% -
1988 21.4% 48.8% 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1996, retrieved 2026-02-20).

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

In 2024, the Central African Republic's government spending was $538M, accounting for 19.5% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 60.7% in the Central African Republic and 93.2% in Mozambique, ranking 77/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

Mozambique
1x
Year Deficit/surplus, % of GDP
CAR Mozambique
2024 -5.08% -6.17%
2023 -3.44% -4.26%
2022 -5.23% -5.22%
2021 -5.8% -5.23%
2020 -3.24% -6.19%
2019 1.33% 1.7%
2018 -0.93% -7.39%
2017 -1% -2.9%
2016 1.17% -5.42%
2015 -0.53% -6.55%
2014 -3.02% -9.75%
2013 -2.3% -2.46%
2012 -0.78% -3.45%
2011 -2.15% -4.34%
2010 -1.35% -3.5%
2009 -0.54% -4.35%
2008 -1.23% -1.9%
2007 1.04% -2.19%
2006 8.58% -3.03%
2005 -4.37% -2.06%
2004 -1.74% -3.17%
2003 -3.06% -2.64%
2002 -1.19% -3.36%
2001 -0.88% -4.43%
2000 -2.01% -1.26%
1999 -0.5% -0.31%
1998 0.001% -1.08%
1997 -1.57% -1.81%
1996 -1.06% -2.07%
1995 -4.84% -2.46%
1994 -7.57% -4%
1993 -5.66% -2.53%
1992 -7.33% -1.85%
1991 -8% -2.01%
1990 -6.6% -4.42%
1989 -3.25% -4.23%
1988 -3.72% -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/mozambique | 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 Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 34 years, the Central African Republic recorded a fiscal deficit in 29 of those years, while Mozambique ran a deficit in 33 years. On average, the Central African Republic posted an annual deficit equal to 2.18% of GDP, compared to deficit of 3.46% of GDP for Mozambique.

Inflation comparison by year

Inflation
Central African Republic

Mozambique
1x
Year Consumer prices inflation
CAR Mozambique
2024 1.5% 3.2%
2023 3% 7%
2022 5.6% 10.4%
2021 4.3% 6.6%
2020 0.9% 0.9%
2019 2.8% 5.7%
2018 1.6% 3.2%
2017 4.2% 15.8%
2016 4.9% 18.4%
2015 1.4% 3.6%
2014 17.8% 2.6%
2013 4% 4.3%
2012 5.9% 2.6%
2011 1.2% 11.2%
2010 1.5% 12.4%
2009 3.6% 3.8%
2008 9.2% 14.5%
2007 0.9% 10.4%
2006 6.9% 13.2%
2005 2.9% 6.4%
2004 -2.6% 12.6%
2003 4.4% 13.5%
2002 2.3% 16.8%
2001 4.1% 9.1%
2000 3.4% 12.7%
1999 -1.6% 2.9%
1998 -2% 1.5%
1997 1.6% 7.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, the Central African Republic has recorded an average annual inflation rate of 3.35%, compared with 8.31% in Mozambique. In 2024, inflation was 1.5% in the Central African Republic and 3.2% in Mozambique.

Top exports between countries

CAR
Export category Export value
Mozambique
Export category Export value
Animal & marine products $60K

Balance of trade

CAR Mozambique
Current account balance
-$24.7M
1994
-$2.49B
2024
Current account balance ranking
81/190
1994
150/190
2024
Current account balance, % of GDP
-2.9%
1994
-11%
2024
Goods imports
$131M
1994
$8.38B
2024
Goods exports
$146M
1994
$8.21B
2024
Service imports
$114M
1994
$2.11B
2024
Service exports
$33.1M
1994
$1.15B
2024
Imports of goods and services, % of GDP
31.4%
2024
52.8%
2024
Exports of goods and services, % of GDP
15%
2024
42.8%
2024

Economic freedom indices

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

CAR Mozambique
Economic freedom 43.1 49.6
Economic freedom ranking 182/197 164/197
Property rights 5.6 29.7
Government integrity 19.2 25.1
Judicial effectiveness 4 43.4
Tax burden 65.5 75.8
Government spending 90.1 67
Fiscal health 59 39.1
Business freedom 26.5 40.2
Labor freedom 48.5 47.7
Monetary freedom 75.6 76.2
Trade freedom 47.6 71.2
Investment freedom 45 40
Financial freedom 30 40

Economic freedom comparison by year

Central African Republic
Mozambique
1x
Year Economic freedom index
CAR Mozambique
2026 43.1 49.6
2025 42.8 50.7
2024 41.3 50.7
2023 43.8 52.5
2022 45.7 51.3
2021 48.8 51.6
2020 50.7 50.5
2019 49.1 48.6
2018 49.2 46.3
2017 51.8 49.9
2016 45.2 53.2
2015 45.9 54.8
2014 46.7 55
2013 50.4 55
2012 50.3 57.1
2011 49.3 56.8
2010 48.4 56
2009 48.3 55.7
2008 48.6 55.4
2007 50.6 54.7
2006 54.2 51.9
2005 56.5 54.6
2004 57.5 57.2
2003 60 58.6
2002 59.8 57.7
2001 - 59.2
2000 - 52.2
1999 - 48.9
1998 - 43
1997 - 44
1996 - 48.4
1995 - 45.5

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

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

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR Mozambique
Services, % of GDP
42.1%
2024
41.1%
2024
Industry, % of GDP
20%
2024
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
25.2%
2024
GNI, Atlas method
$2.74B
2024
$19.1B
2024
GNI per capita, PPP
$1,340
2024
$1,520
2024
Total reserves including gold
$480M
2023
$3.84B
2024
Total reserves ranking
158/177
2023
108/177
2024
Net foreign direct investment
$3.6M
1994
-$3.55B
2024
Net inflows of foreign direct investment
$40.4M
2024
$3.51B
2024
Net outflows of foreign direct investment
$0
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
22.4%
2024
Poverty at national poverty lines
68.8%
2021
65%
2022
Gross capital formation, % of GDP
23.6%
2024
17.7%
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/mozambique | 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 (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1996, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2017, retrieved 2026-02-20)
  9. TradeMap (2024, retrieved 2026-02-08)

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.