The Central African Republic vs North Macedonia: Economic Indicators Comparison

North Macedonia with a GDP of $12.7B ranked the 135th 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, North Macedonia and the Central African Republic ranked 110th vs 59th and 100th vs 193rd, respectively.

Gross Domestic Product & Income

StatCentral African RepublicNorth Macedonia
GDP$2.2B$12.7B
GDP growth, 1 year4.3%2.7%
GDP growth, 5-years average3.8%2.6%
Population4.7M2.1M
GDP per capita$476$6.1k
GDP per capita growth2.22%2.62%
Purchasing Power Parity conversion factor307.4319.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.37
GDP per capita, PPP adjusted$712$16k
GNI, Atlas method$2.3B$11.4B
GNI per capita$490$5.5k
GNI, PPP adjusted$4.3B$32.6B
GNI per capita, PPP adjusted$920$16k

Financial system and Human development

StatCentral African RepublicNorth Macedonia
Income Tax Rate50%10%
Corporate Tax Rate30%10%
Inflation, consumer prices3%1.5%
Inflation, GDP deflator-1.2%4.3%
Unemployment6.5%21.6%
Economic Freedom Index50.769.5
Personal Freedom Index68.17
Human Freedom Index5.587.55
Property Rights Index38.162.5
Judical Effectiveness Index31.742.7
Business Freedom Index24.380.6
Fiscal Health Index95.387.7
Labor Freedom Index40.467
Investment Freedom Index4565
Financial Freedom Index3060
Trade Freedom Index47.286.2
Monetary Freedom Index73.377.7
Government Spending Index93.571
Tax Burden Index65.591.5
Government Integrity Index24.342.2
Corruption Perceptions Index2637
Life expectancy at birth, years52.275.6
Suicide mortality rate, per 100,000 people7.77.9
Mortality caused by road traffic injury, per 100,000 people33.66.4
Intentional homicides, per 100,000 people19.81.5
International tourism, number of arrivals107k707k

Government debt & reserves

StatCentral African RepublicNorth Macedonia
Central government debt, % of GDP48.5%39.5%
External debt stocks, % of GNI32.7%72%
External debt stocks$778.9M$8.7B
Short-term debt, % of total reserves25%40.9%
Total debt service, % of exports and primary income12.9%16.6%
Adjusted net savings including particulate emission damage, % of GNI8.5%15.4%
Gross savings, % of GDP15.1%33%
Gross capital formation, % of GDP25.9%33%
Total reserves including gold$361.8M$3.3B
Foreign direct investment net inflows$18M$648.7M

Exports, imports and economic structure

StatCentral African RepublicNorth Macedonia
Exports of goods and services, % of GDP18.9%60.3%
Imports of goods and services, % of GDP47%72.9%
Current account balance (balance of payments)-$24.7M-$25.6M
Revenue excluding grants, % of GDP7.5%26.8%
Grants excluding technical cooperation, BoP$486.6M$133.8M
Personal remittances received$159k$344.5M
Industry including construction value added, % of GDP20.6%23.6%
Agriculture, forestry and fishing value added, % of GDP31.2%7.2%
Charges for the use of intellectual property, payments BoPN/A$188.8M
Charges for the use of intellectual property, receipts BoPN/A$11.8M
Expense, % of GDP7.9%27.9%
Government Expenditure, % of GDP14.7%31.1%

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

North Macedonia vs

CountryGDP
per capita
Population
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M