The Central African Republic vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while the Central African Republic ranked 173rd with $2.2B. By GDP 5-years average growth and GDP per capita, Nigeria and the Central African Republic ranked 132nd vs 59th and 149th vs 193rd, respectively.

Gross Domestic Product & Income

StatCentral African RepublicNigeria
GDP$2.2B$397.3B
GDP growth, 1 year4.3%1.9%
GDP growth, 5-years average3.8%2%
Population4.7M190.9M
GDP per capita$476$2k
GDP per capita growth2.22%-0.67%
Purchasing Power Parity conversion factor307.43110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.34
GDP per capita, PPP adjusted$712$6k
GNI, Atlas method$2.3B$384.8B
GNI per capita$490$2k
GNI, PPP adjusted$4.3B$1.1T
GNI per capita, PPP adjusted$920$5.7k

Financial system and Human development

StatCentral African RepublicNigeria
Income Tax Rate50%24%
Corporate Tax Rate30%30%
Inflation, consumer prices3%12.1%
Inflation, GDP deflator-1.2%10.2%
Unemployment6.5%6%
Economic Freedom Index50.757.2
Personal Freedom Index66.01
Human Freedom Index5.586.1
Property Rights Index38.138.1
Judical Effectiveness Index31.732.2
Business Freedom Index24.354.7
Fiscal Health Index95.364.1
Labor Freedom Index40.484
Investment Freedom Index4545
Financial Freedom Index3040
Trade Freedom Index47.262.4
Monetary Freedom Index73.361.7
Government Spending Index93.596.2
Tax Burden Index65.585.1
Government Integrity Index24.322.3
Corruption Perceptions Index2627
Life expectancy at birth, years52.254
Suicide mortality rate, per 100,000 people7.79.5
Mortality caused by road traffic injury, per 100,000 people33.621.4
Intentional homicides, per 100,000 people19.89.9
International tourism, number of arrivals107k5.3M

Government debt & reserves

StatCentral African RepublicNigeria
Central government debt, % of GDP48.5%28.4%
External debt stocks, % of GNI32.7%12.4%
External debt stocks$778.9M$47B
Short-term debt, % of total reserves25%0%
Total debt service, % of exports and primary income12.9%8.3%
Adjusted net savings including particulate emission damage, % of GNI8.5%1.4%
Gross savings, % of GDP15.1%19.3%
Gross capital formation, % of GDP25.9%19.8%
Total reserves including gold$361.8M$42.8B
Foreign direct investment net inflows$18M$2B

Exports, imports and economic structure

StatCentral African RepublicNigeria
Exports of goods and services, % of GDP18.9%15.5%
Imports of goods and services, % of GDP47%17.5%
Current account balance (balance of payments)-$24.7M$5.3B
Revenue excluding grants, % of GDP7.5%N/A
Grants excluding technical cooperation, BoP$486.6M$2B
Personal remittances received$159k$24.3B
Industry including construction value added, % of GDP20.6%25.7%
Agriculture, forestry and fishing value added, % of GDP31.2%21.2%
Charges for the use of intellectual property, payments BoPN/A$252.8M
Charges for the use of intellectual property, receipts BoPN/A$7.8M
Expense, % of GDP7.9%N/A
Government Expenditure, % of GDP14.7%11.2%

Compare with countries close by GDP per capita

Central African Republic vs

CountryGDP
per capita
Population
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M