Skip to content

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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $107B for Oman, ranking 171/197 and 70/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (60.7% of GDP), compared to $38B (35.5% of GDP) in Oman.

Central African Republic vs Oman GDP by year

Central African Republic
Oman
1x
Year GDP, current $
CAR Oman
2024 $2,751,494,281 $107,137,198,769
2023 $2,555,492,086 $106,174,708,037
2022 $2,382,618,615 $109,852,795,839
2021 $2,516,498,412 $87,323,797,139
2020 $2,326,720,900 $75,909,492,848
2019 $2,221,301,351 $88,060,858,257
2018 $2,220,979,146 $91,505,851,756
2017 $2,072,349,973 $80,856,697,009
2016 $1,825,018,145 $75,128,738,622
2015 $1,695,825,714 $78,710,793,238
2014 $1,894,813,389 $92,699,089,727
2013 $1,691,544,110 $89,936,020,806
2012 $2,510,126,512 $87,408,842,653
2011 $2,437,982,705 $77,497,529,259
2010 $2,142,591,540 $64,993,498,049
2009 $2,067,381,665 $55,454,096,229
2008 $1,993,407,888 $69,804,681,404
2007 $1,699,811,295 $48,300,390,117
2006 $1,461,859,762 $42,577,633,290
2005 $1,337,894,379 $35,506,892,068
2004 $1,272,360,517 $28,378,933,680
2003 $1,142,315,523 $24,733,680,104
2002 $996,068,145 $23,065,539,662
2001 $932,648,605 $22,205,721,717
2000 $916,777,283 $22,259,557,867
1999 $999,477,511 $17,832,769,831
1998 $967,338,390 $16,044,213,264
1997 $937,741,513 $18,039,791,938
1996 $1,007,791,127 $17,402,080,624
1995 $1,115,389,674 $15,722,236,671
1994 $851,174,357 $14,715,214,564
1993 $1,278,781,262 $14,230,429,129
1992 $1,411,917,553 $14,183,615,085
1991 $1,377,374,987 $12,918,335,501
1990 $1,440,711,459 $13,310,273,082
1989 $1,233,930,281 $9,372,171,651
1988 $1,264,899,288 $8,386,215,865
1987 $1,200,991,978 $7,811,183,095
1986 $1,122,265,013 $7,324,167,369
1985 $864,849,836 $10,005,645,420
1984 $637,820,670 $8,821,443,151
1983 $658,679,333 $7,932,541,691
1982 $748,312,391 $7,554,719,456
1981 $694,803,623 $7,259,120,151
1980 $797,048,199 $5,981,760,278
1979 $700,764,748 $3,733,352,635
1978 $610,578,632 $2,740,301,390
1977 $507,298,148 $2,741,169,948
1976 $451,152,461 $2,560,220,035
1975 $378,660,016 $2,096,699,189
1974 $281,398,706 $1,645,917,776
1973 $271,183,082 $483,066,991
1972 $230,317,883 $366,883,548
1971 $201,450,800 $301,010,587
1970 $189,106,529 $256,319,795
1969 $188,039,210 $239,999,808
1968 $191,767,442 $188,879,849
1967 $163,820,514 $107,151,832
1966 $157,930,018 $67,759,973
1965 $150,574,795 $63,279,975
1964 $142,025,079 $61,872,526
1963 $129,379,124 $59,912,763
1962 $124,482,774 $56,273,202
1961 $123,134,583 $45,634,487
1960 $112,155,598 $44,234,656

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Central African Republic vs Oman by year

Central African Republic
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $20,285 $41,740
2023 $496 $1,257 $21,028 $41,945
2022 $467 $1,218 $23,224 $42,616
2021 $492 $1,129 $19,403 $38,719
2020 $463 $1,066 $16,785 $35,163
2019 $449 $985 $19,180 $37,251
2018 $455 $906 $19,902 $37,780
2017 $432 $884 $17,820 $33,619
2016 $387 $826 $17,110 $33,334
2015 $366 $769 $18,808 $36,058
2014 $410 $699 $23,161 $44,236
2013 $364 $710 $23,458 $47,013
2012 $544 $1,062 $24,642 $49,989
2011 $534 $980 $25,188 $52,393
2010 $477 $936 $23,570 $55,667
2009 $456 $877 $20,656 $55,127
2008 $437 $798 $26,577 $52,841
2007 $381 $783 $18,793 $48,627
2006 $334 $743 $16,931 $46,091
2005 $312 $702 $14,435 $43,673
2004 $303 $690 $11,801 $42,142
2003 $278.4 $648 $10,464 $40,935
2002 $248.6 $688 $9,869 $41,511
2001 $238 $668 $9,612 $41,679
2000 $239.2 $640 $9,754 $39,443
1999 $268 $660 $7,915 $36,792
1998 $266.6 $645 $7,219 $36,666
1997 $265.5 $626 $8,235 $36,809
1996 $293.3 $601 $8,068 $34,661
1995 $333 $631 $7,414 $33,598
1994 $261.3 $592 $7,068 $31,925
1993 $405 $570 $7,039 $30,987
1992 $462 $573 $7,318 $29,773
1991 $465 $618 $6,977 $28,109
1990 $502 $620 $7,546 $26,904
1989 $443 - $5,591 -
1988 $466 - $5,279 -
1987 $450 - $5,204 -
1986 $426 - $5,182 -
1985 $333 - $7,549 -
1984 $248.3 - $7,070 -
1983 $259.6 - $6,714 -
1982 $298.4 - $6,759 -
1981 $280.3 - $6,866 -
1980 $325 - $5,974 -
1979 $289.1 - $3,934 -
1978 $254.6 - $3,044 -
1977 $213.8 - $3,205 -
1976 $192.1 - $3,143 -
1975 $163.6 - $2,692 -
1974 $124 - $2,203 -
1973 $121.8 - $670 -
1972 $105.5 - $524 -
1971 $94.1 - $442 -
1970 $90.2 - $387 -
1969 $91.7 - $372 -
1968 $95.6 - $300 -
1967 $83.6 - $174.7 -
1966 $82.3 - $113.2 -
1965 $80.2 - $108.1 -
1964 $77.2 - $108.1 -
1963 $71.8 - $106.8 -
1962 $70.4 - $102.3 -
1961 $71 - $84.5 -
1960 $65.9 - $83.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $20,285 in Oman, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while Oman ranks 55th at $41,740.

Economic indicators

CAR Oman
Gross domestic product
$2.75B
2024
$107B
2024
GDP rank
171/197
2024
70/197
2024
GDP growth
1.5%
2023-2024
1.63%
2023-2024
GDP per capita
$516
2024
$20,285
2024
GDP per capita rank
195/197
2024
57/197
2024
GDP per capita, PPP
$1,263
2024
$41,740
2024
GDP per capita PPP rank
195/197
2024
55/197
2024
Government debt
$1.67B
2024
$38B
2024
Debt-to-GDP ratio
60.7%
2024
35.5%
2024
Government debt per person
$313
2024
$7,204
2024
Government debt per person rank
178/185
2024
67/185
2024
Average annual personal income after taxes
$1,078
2026
$20,894
2026
Market capitalization of domestic companies n/a
$22.3B
2022
Number of billionaires n/a
2
2025
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
28.7%
2024
Consumer prices inflation
1.5%
2023-2024
0.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
6.9%
2017
3.3%
2024
Population
5753659
5761708

Spending and national debt comparison by year

Central African Republic
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
CAR Oman
Government spending Government debt Government spending Government debt
2024 19.5% 60.7% 28.7% 35.5%
2023 17.5% 55.6% 27.5% 37.5%
2022 17.4% 49.9% 30.9% 41.7%
2021 19.2% 46.9% 36.5% 61.9%
2020 24.2% 42.8% 44.5% 67.9%
2019 15.8% 44.9% 38.8% 52.5%
2018 16.8% 47.9% 38.3% 44.7%
2017 13.1% 47.4% 39.4% 40.1%
2016 11.1% 49.3% 44.6% 29.3%
2015 12.7% 54.4% 44.5% 13.9%
2014 16.7% 57.5% 41.4% 4.04%
2013 13.4% 51.8% 39.3% 4.66%
2012 14.7% 31.5% 38.6% 4.59%
2011 14.2% 19.7% 34.5% 4.44%
2010 17.3% 19.9% 30.6% 5.46%
2009 16% 20.3% 33.4% 5.8%
2008 16% 35.8% 25.6% 3.2%
2007 12.9% 47.9% 30.7% 4.44%
2006 13.4% 46.7% 30.1% 7.56%
2005 16.2% 103% 30.6% 8.39%
2004 13.1% 99.7% 34.1% 14.5%
2003 12.3% 95.9% 34% 13%
2002 16.7% 98.5% 34.1% 15.9%
2001 14.1% 103.1% 33.3% 22.5%
2000 17.2% 94.7% 31.2% 21.7%
1999 18.2% 84.2% 34.2% 28.9%
1998 18.1% 85.3% 36.1% 30.9%
1997 14.5% 96.1% 32.1% 20.8%
1996 11.7% 93% 33.5% 21.2%
1995 20.6% 83.8% 38.2% 21.9%
1994 22.4% 103.4% 39.7% 23.6%
1993 20.6% 68.2% 40.1% 22.2%
1992 23.1% 57.4% 40.1% 23.1%
1991 22.6% 55.8% 37.4% 22.6%
1990 22% 44.6% 36.5% 17.8%
1989 19.6% 50.9% - -
1988 21.4% 48.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20).

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

In 2024, the Central African Republic's government spending was $538M, accounting for 19.5% of its GDP, while Oman spent $30.7B, or 28.7% of GDP.

Debt-to-GDP ratio is 60.7% in the Central African Republic and 35.5% in Oman, ranking 77/185 and 145/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

Oman
1x
Year Deficit/surplus, % of GDP
CAR Oman
2024 -5.08% 3.31%
2023 -3.44% 6.87%
2022 -5.23% 10.5%
2021 -5.8% -3.17%
2020 -3.24% -15.7%
2019 1.33% -4.83%
2018 -0.93% -6.72%
2017 -1% -10.5%
2016 1.17% -19.6%
2015 -0.53% -13.5%
2014 -3.02% -1.58%
2013 -2.3% 2.78%
2012 -0.78% 4.07%
2011 -2.15% 8.24%
2010 -1.35% 4.95%
2009 -0.54% -0.27%
2008 -1.23% 14.7%
2007 1.04% 10.5%
2006 8.58% 12.2%
2005 -4.37% 11.2%
2004 -1.74% 5.43%
2003 -3.06% 5.92%
2002 -1.19% 5.31%
2001 -0.88% 7.55%
2000 -2.01% 12.2%
1999 -0.5% 0.3%
1998 0.001% -4.37%
1997 -1.57% 4.77%
1996 -1.06% 2.22%
1995 -4.84% -3.9%
1994 -7.57% -7.47%
1993 -5.66% -6.84%
1992 -7.33% -4.85%
1991 -8% 0.12%
1990 -6.6% 4.78%
1989 -3.25% -
1988 -3.72% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/oman | 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 Oman's surplus of $3.54B, or 3.31% of GDP.

Over the past 35 years, the Central African Republic recorded a fiscal deficit in 30 of those years, while Oman ran a deficit in 14 years. On average, the Central African Republic posted an annual deficit equal to 2.31% of GDP, compared to surplus of 0.99% of GDP for Oman.

Inflation comparison by year

Inflation
Central African Republic

Oman
1x
Year Consumer prices inflation
CAR Oman
2024 1.5% 0.6%
2023 3% 1%
2022 5.6% 2.5%
2021 4.3% 1.7%
2020 0.9% -0.4%
2019 2.8% 0.5%
2018 1.6% 0.7%
2017 4.2% 1.5%
2016 4.9% 0.9%
2015 1.4% 0.1%
2014 17.8% 1.2%
2013 4% 1.3%
2012 5.9% 2.9%
2011 1.2% 4.1%
2010 1.5% 3.3%
2009 3.6% 3.5%
2008 9.2% 12.6%
2007 0.9% 5.9%
2006 6.9% 3.2%
2005 2.9% 1.9%
2004 -2.6% 0.8%
2003 4.4% 0.2%
2002 2.3% -0.3%
2001 4.1% -0.8%
2000 3.4% -1.2%
1999 -1.6% 0.5%
1998 -2% 0.4%
1997 1.6% -0.4%

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

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

Over the past 28 years, the Central African Republic has recorded an average annual inflation rate of 3.35%, compared with 1.72% in Oman. In 2024, inflation was 1.5% in the Central African Republic and 0.6% in Oman.

Top exports between countries

CAR
Export category Export value
Oman
Export category Export value
Raw materials & minerals $17.4M
Machinery & equipment $3K

Balance of trade

CAR Oman
Current account balance
-$24.7M
1994
$3.07B
2024
Current account balance ranking
81/190
1994
39/190
2024
Current account balance, % of GDP
-2.9%
1994
+2.86%
2024
Goods imports
$131M
1994
$39.5B
2024
Goods exports
$146M
1994
$65.2B
2024
Service imports
$114M
1994
$12.8B
2024
Service exports
$33.1M
1994
$5.64B
2024
Imports of goods and services, % of GDP
31.4%
2024
48.8%
2024
Exports of goods and services, % of GDP
15%
2024
66.1%
2024

Economic freedom indices

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

CAR Oman
Economic freedom 43.1 68.5
Economic freedom ranking 182/197 45/197
Property rights 5.6 71.8
Government integrity 19.2 49.4
Judicial effectiveness 4 28
Tax burden 65.5 97.6
Government spending 90.1 74.7
Fiscal health 59 97.5
Business freedom 26.5 67.8
Labor freedom 48.5 47.7
Monetary freedom 75.6 79.2
Trade freedom 47.6 78.4
Investment freedom 45 70
Financial freedom 30 60

Economic freedom comparison by year

Central African Republic
Oman
1x
Year Economic freedom index
CAR Oman
2026 43.1 68.5
2025 42.8 65.4
2024 41.3 62.9
2023 43.8 58.5
2022 45.7 56.6
2021 48.8 64.6
2020 50.7 63.6
2019 49.1 61
2018 49.2 61
2017 51.8 62.1
2016 45.2 67.1
2015 45.9 66.7
2014 46.7 67.4
2013 50.4 68.1
2012 50.3 67.9
2011 49.3 69.8
2010 48.4 67.7
2009 48.3 67
2008 48.6 67.3
2007 50.6 65.8
2006 54.2 63.7
2005 56.5 66.5
2004 57.5 66.9
2003 60 64.6
2002 59.8 64
2001 - 67.7
2000 - 64.1
1999 - 64.9
1998 - 64.9
1997 - 64.5
1996 - 65.4
1995 - 70.2

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

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

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR Oman
Services, % of GDP
42.1%
2024
46%
2024
Industry, % of GDP
20%
2024
54.2%
2024
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
2.6%
2024
GNI, Atlas method
$2.74B
2024
$103B
2024
GNI per capita, PPP
$1,340
2024
$39,340
2024
Total reserves including gold
$480M
2023
$18.3B
2024
Total reserves ranking
158/177
2023
64/177
2024
Net foreign direct investment
$3.6M
1994
-$12.6B
2024
Net inflows of foreign direct investment
$40.4M
2024
$12.5B
2024
Net outflows of foreign direct investment
$0
2024
-$143M
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
24.8%
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/oman | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20)
  6. TradeMap (2020–2022, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2017, retrieved 2026-02-20)

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.