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Economy of Central African Republic vs North Korea compared: GDP & Debt

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $34.9B for North Korea, ranking 171/197 and 106/197 by economy size, respectively.

Central African Republic vs North Korea GDP by year

Central African Republic
North Korea
1x
Year GDP, current $
CAR North Korea
2024 $2,751,494,281 $34,943,120,000
2023 $2,555,492,086 $32,155,360,000
2022 $2,382,618,615 $28,971,360,000
2021 $2,516,498,412 $32,301,720,000
2020 $2,326,720,900 $27,728,240,000
2019 $2,221,301,351 $28,222,880,000
2018 $2,220,979,146 $28,536,400,000
2017 $2,072,349,973 $29,105,440,000
2016 $1,825,018,145 $28,882,640,000
2015 $1,695,825,714 $30,723,030,000
2014 $1,894,813,389 $30,554,460,000
2013 $1,691,544,110 $30,588,922,000
2012 $2,510,126,512 $29,890,710,000
2011 $2,437,982,705 $29,005,020,000
2010 $2,142,591,540 $25,995,513,000
2009 $2,067,381,665 $23,356,470,000
2008 $1,993,407,888 -
2007 $1,699,811,295 -
2006 $1,461,859,762 -
2005 $1,337,894,379 -
2004 $1,272,360,517 -
2003 $1,142,315,523 -
2002 $996,068,145 -
2001 $932,648,605 -
2000 $916,777,283 -
1999 $999,477,511 -
1998 $967,338,390 -
1997 $937,741,513 -
1996 $1,007,791,127 -
1995 $1,115,389,674 -
1994 $851,174,357 -
1993 $1,278,781,262 -
1992 $1,411,917,553 -
1991 $1,377,374,987 -
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/north-korea | CC BY

GDP per capita in Central African Republic vs North Korea by year

Central African Republic
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $1,319 -
2023 $496 $1,257 $1,217 -
2022 $467 $1,218 $1,100 -
2021 $492 $1,129 $1,231 -
2020 $463 $1,066 $1,061 -
2019 $449 $985 $1,084 -
2018 $455 $906 $1,100 -
2017 $432 $884 $1,127 -
2016 $387 $826 $1,124 -
2015 $366 $769 $1,201 $1,700
2014 $410 $699 $1,201 $1,800
2013 $364 $710 $1,208 -
2012 $544 $1,062 $1,186 -
2011 $534 $980 $1,156 $1,800
2010 $477 $936 $1,040 -
2009 $456 $877 $939 $1,800
2008 $437 $798 - $1,800
2007 $381 $783 - $1,700
2006 $334 $743 - $1,800
2005 $312 $702 - $1,700
2004 $303 $690 - $1,700
2003 $278.4 $648 - $1,300
2002 $248.6 $688 - $1,000
2001 $238 $668 - -
2000 $239.2 $640 - $1,000
1999 $268 $660 - $1,000
1998 $266.6 $645 - -
1997 $265.5 $626 - -
1996 $293.3 $601 - -
1995 $333 $631 - -
1994 $261.3 $592 - -
1993 $405 $570 - -
1992 $462 $573 - -
1991 $465 $618 - -
1990 $502 $620 - -
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); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

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

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while North Korea ranks 193rd at $1,700.

Economic indicators

CAR North Korea
Gross domestic product
$2.75B
2024
$34.9B
2024
GDP rank
171/197
2024
106/197
2024
GDP growth
1.5%
2023-2024
n/a
GDP per capita
$516
2024
$1,319
2024
GDP per capita rank
195/197
2024
168/197
2024
GDP per capita, PPP
$1,263
2024
$1,700
2015
GDP per capita PPP rank
195/197
2024
193/197
2015
Government debt
$1.67B
2024
n/a
Debt-to-GDP ratio
60.7%
2024
n/a
Government debt per person
$313
2024
n/a
Government debt per person rank
178/185
2024
n/a
Average annual personal income after taxes
$1,078
2026
$1,426
2026
Income share by richest 10%
33.1%
2021
n/a
Income share by poorest 10%
2.1%
2021
n/a
Government expenditure, % of GDP
19.5%
2024
n/a
Consumer prices inflation
1.5%
2023-2024
n/a
Unemployment rate
6.9%
2017
25.6%
2013
Population
5753659
26659144

Top exports between countries

CAR
Export category Export value
Precious metals & jewellery $3K
Wood & paper products $1K
North Korea
Export category Export value
Machinery & equipment $1.12M
Textiles & consumer goods $473K
Chemicals & pharma $90K
Wood & paper products $48K
Metals $10K

Balance of trade

CAR North Korea
Current account balance
-$24.7M
1994
n/a
Current account balance ranking
81/190
1994
n/a
Current account balance, % of GDP
-2.9%
1994
n/a
Goods imports
$131M
1994
n/a
Goods exports
$146M
1994
n/a
Service imports
$114M
1994
n/a
Service exports
$33.1M
1994
n/a
Imports of goods and services, % of GDP
31.4%
2024
n/a
Exports of goods and services, % of GDP
15%
2024
n/a

Economic freedom indices

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

CAR North Korea
Economic freedom 43.1 3.1
Economic freedom ranking 182/197 197/197
Property rights 5.6 16.3
Government integrity 19.2 4.3
Judicial effectiveness 4 6.3
Tax burden 65.5 0
Government spending 90.1 0
Fiscal health 59 0
Business freedom 26.5 5
Labor freedom 48.5 5
Monetary freedom 75.6 0
Trade freedom 47.6 0
Investment freedom 45 0
Financial freedom 30 0

Economic freedom comparison by year

Central African Republic
North Korea
1x
Year Economic freedom index
CAR North Korea
2026 43.1 3.1
2025 42.8 3
2024 41.3 2.9
2023 43.8 2.9
2022 45.7 3
2021 48.8 5.2
2020 50.7 4.2
2019 49.1 5.9
2018 49.2 5.8
2017 51.8 4.9
2016 45.2 2.3
2015 45.9 1.3
2014 46.7 1
2013 50.4 1.5
2012 50.3 1
2011 49.3 1
2010 48.4 1
2009 48.3 2
2008 48.6 3
2007 50.6 3
2006 54.2 4
2005 56.5 8
2004 57.5 8.9
2003 60 8.9
2002 59.8 8.9
2001 - 8.9
2000 - 8.9
1999 - 8.9
1998 - 8.9
1997 - 8.9
1996 - 8.9
1995 - 8.9

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

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

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR North Korea
Services, % of GDP
42.1%
2024
n/a
Industry, % of GDP
20%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
n/a
GNI, Atlas method
$2.74B
2024
n/a
GNI per capita, PPP
$1,340
2024
n/a
Total reserves including gold
$480M
2023
n/a
Total reserves ranking
158/177
2023
n/a
Net foreign direct investment
$3.6M
1994
n/a
Net inflows of foreign direct investment
$40.4M
2024
$203K
1989
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
68.8%
2021
n/a
Gross capital formation, % of GDP
23.6%
2024
n/a

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/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2017, retrieved 2026-02-20)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.