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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $289B for Peru, ranking 171/197 and 49/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (60.7% of GDP), compared to $93B (32.2% of GDP) in Peru.

Central African Republic vs Peru GDP by year

Central African Republic
Peru
1x
Year GDP, current $
CAR Peru
2024 $2,751,494,281 $289,221,969,063
2023 $2,555,492,086 $266,958,720,838
2022 $2,382,618,615 $246,065,570,308
2021 $2,516,498,412 $226,328,766,460
2020 $2,326,720,900 $201,409,694,756
2019 $2,221,301,351 $228,346,006,004
2018 $2,220,979,146 $222,597,009,739
2017 $2,072,349,973 $211,007,984,081
2016 $1,825,018,145 $191,898,104,390
2015 $1,695,825,714 $189,802,976,286
2014 $1,894,813,389 $200,786,250,583
2013 $1,691,544,110 $201,175,543,571
2012 $2,510,126,512 $192,650,021,649
2011 $2,437,982,705 $171,761,737,047
2010 $2,142,591,540 $147,527,631,521
2009 $2,067,381,665 $120,822,986,521
2008 $1,993,407,888 $120,550,599,815
2007 $1,699,811,295 $102,170,981,144
2006 $1,461,859,762 $88,643,193,062
2005 $1,337,894,379 $76,060,606,061
2004 $1,272,360,517 $66,768,703,498
2003 $1,142,315,523 $58,731,030,122
2002 $996,068,145 $54,777,553,515
2001 $932,648,605 $52,030,158,775
2000 $916,777,283 $51,744,749,133
1999 $999,477,511 $50,187,324,568
1998 $967,338,390 $55,501,467,877
1997 $937,741,513 $58,147,522,523
1996 $1,007,791,127 $55,252,414,130
1995 $1,115,389,674 $53,312,793,687
1994 $851,174,357 $44,882,079,767
1993 $1,278,781,262 $34,832,077,221
1992 $1,411,917,553 $35,966,302,303
1991 $1,377,374,987 $34,341,465,998
1990 $1,440,711,459 $26,410,386,963
1989 $1,233,930,281 $22,499,558,526
1988 $1,264,899,288 $15,439,408,447
1987 $1,200,991,978 $36,889,706,593
1986 $1,122,265,013 $21,859,448,586
1985 $864,849,836 $15,078,736,875
1984 $637,820,670 $17,600,400,385
1983 $658,679,333 $17,345,260,564
1982 $748,312,391 $21,794,535,621
1981 $694,803,623 $21,648,214,893
1980 $797,048,199 $18,136,838,538
1979 $700,764,748 $15,954,012,439
1978 $610,578,632 $12,491,876,743
1977 $507,298,148 $14,544,913,961
1976 $451,152,461 $16,131,958,851
1975 $378,660,016 $16,931,162,355
1974 $281,398,706 $13,858,441,211
1973 $271,183,082 $10,994,381,895
1972 $230,317,883 $9,189,413,409
1971 $201,450,800 $8,289,582,884
1970 $189,106,529 $7,432,223,177
1969 $188,039,210 $6,420,909,790
1968 $191,767,442 $5,736,083,835
1967 $163,820,514 $6,194,340,080
1966 $157,930,018 $6,109,048,737
1965 $150,574,795 $5,163,008,077
1964 $142,025,079 $4,353,664,867
1963 $129,379,124 $3,598,272,493
1962 $124,482,774 $3,284,322,201
1961 $123,134,583 $2,897,852,693
1960 $112,155,598 $2,571,986,572

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

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

GDP per capita in Central African Republic vs Peru by year

Central African Republic
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $516 $1,263 $8,452 $17,802
2023 $496 $1,257 $7,888 $17,011
2022 $467 $1,218 $7,351 $16,669
2021 $492 $1,129 $6,826 $15,281
2020 $463 $1,066 $6,133 $12,563
2019 $449 $985 $7,037 $13,564
2018 $455 $906 $6,978 $13,078
2017 $432 $884 $6,736 $12,592
2016 $387 $826 $6,217 $12,067
2015 $366 $769 $6,232 $11,600
2014 $410 $699 $6,667 $11,518
2013 $364 $710 $6,747 $11,291
2012 $544 $1,062 $6,519 $10,757
2011 $534 $980 $5,861 $10,463
2010 $477 $936 $5,072 $9,713
2009 $456 $877 $4,181 $8,917
2008 $437 $798 $4,198 $8,820
2007 $381 $783 $3,581 $7,982
2006 $334 $743 $3,130 $7,214
2005 $312 $702 $2,707 $6,560
2004 $303 $690 $2,397 $6,038
2003 $278.4 $648 $2,129 $5,657
2002 $248.6 $688 $2,007 $5,383
2001 $238 $668 $1,930 $5,086
2000 $239.2 $640 $1,945 $5,012
1999 $268 $660 $1,917 $4,847
1998 $266.6 $645 $2,156 $4,791
1997 $265.5 $626 $2,301 $4,844
1996 $293.3 $601 $2,227 $4,556
1995 $333 $631 $2,190 $4,435
1994 $261.3 $592 $1,879 $4,123
1993 $405 $570 $1,488 $3,666
1992 $462 $573 $1,567 $3,472
1991 $465 $618 $1,527 $3,484
1990 $502 $620 $1,200 $3,367
1989 $443 - $1,045 -
1988 $466 - $733 -
1987 $450 - $1,792 -
1986 $426 - $1,087 -
1985 $333 - $767 -
1984 $248.3 - $918 -
1983 $259.6 - $927 -
1982 $298.4 - $1,194 -
1981 $280.3 - $1,216 -
1980 $325 - $1,045 -
1979 $289.1 - $942 -
1978 $254.6 - $756 -
1977 $213.8 - $903 -
1976 $192.1 - $1,026 -
1975 $163.6 - $1,104 -
1974 $124 - $927 -
1973 $121.8 - $754 -
1972 $105.5 - $647 -
1971 $94.1 - $599 -
1970 $90.2 - $550 -
1969 $91.7 - $488 -
1968 $95.6 - $448 -
1967 $83.6 - $498 -
1966 $82.3 - $505 -
1965 $80.2 - $439 -
1964 $77.2 - $381 -
1963 $71.8 - $324 -
1962 $70.4 - $305 -
1961 $71 - $276.6 -
1960 $65.9 - $252.8 -

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

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

The Central African Republic's GDP per capita is $516, ranking 195/197, compared to $8,452 in Peru, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while Peru ranks 104th at $17,802.

Economic indicators

CAR Peru
Gross domestic product
$2.75B
2024
$289B
2024
GDP rank
171/197
2024
49/197
2024
GDP growth
1.5%
2023-2024
3.3%
2023-2024
GDP per capita
$516
2024
$8,452
2024
GDP per capita rank
195/197
2024
91/197
2024
GDP per capita, PPP
$1,263
2024
$17,802
2024
GDP per capita PPP rank
195/197
2024
104/197
2024
Government debt
$1.67B
2024
$93B
2024
Debt-to-GDP ratio
60.7%
2024
32.2%
2024
Government debt per person
$313
2024
$2,717
2024
Government debt per person rank
178/185
2024
108/185
2024
Average annual personal income after taxes
$1,078
2026
$7,290
2026
Market capitalization of domestic companies n/a
$82.2B
2024
Income share by richest 10%
33.1%
2021
30.3%
2024
Income share by poorest 10%
2.1%
2021
2%
2024
Government expenditure, % of GDP
19.5%
2024
22.3%
2024
Consumer prices inflation
1.5%
2023-2024
2.01%
2023-2024
Central bank interest rate n/a
4.25%
2025
Unemployment rate
6.9%
2017
4.86%
2024
Population
5753659
35031596

Spending and national debt comparison by year

Central African Republic
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
CAR Peru
Government spending Government debt Government spending Government debt
2024 19.5% 60.7% 22.3% 32.2%
2023 17.5% 55.6% 22.1% 32.4%
2022 17.4% 49.9% 23.1% 33.5%
2021 19.2% 46.9% 23.1% 35.5%
2020 24.2% 42.8% 25.6% 34.3%
2019 15.8% 44.9% 20.8% 26.5%
2018 16.8% 47.9% 21% 25.7%
2017 13.1% 47.4% 20.6% 24.8%
2016 11.1% 49.3% 20.5% 23.9%
2015 12.7% 54.4% 22% 23.7%
2014 16.7% 57.5% 22.4% 20.5%
2013 13.4% 51.8% 21.5% 19.9%
2012 14.7% 31.5% 20.3% 20.7%
2011 14.2% 19.7% 19.8% 23.1%
2010 17.3% 19.9% 21% 25.1%
2009 16% 20.3% 21.3% 28.2%
2008 16% 35.8% 19.9% 28.1%
2007 12.9% 47.9% 18.6% 31.9%
2006 13.4% 46.7% 19.2% 34.9%
2005 16.2% 103% 20.4% 40.4%
2004 13.1% 99.7% 19.6% 46.7%
2003 12.3% 95.9% 20.1% 49.4%
2002 16.7% 98.5% 19.6% 45.5%
2001 14.1% 103.1% 20.9% 43.8%
2000 17.2% 94.7% 21.7% 44.9%
1999 18.2% 84.2% 17.8% 41.1%
1998 18.1% 85.3% 16.3% 36.8%
1997 14.5% 96.1% 15.6% 34.5%
1996 11.7% 93% 16.5% 37.4%
1995 20.6% 83.8% 17.5% 36.8%
1994 22.4% 103.4% 16.9% 41.9%
1993 20.6% 68.2% 18.2% 49.9%
1992 23.1% 57.4% 19.1% 46.8%
1991 22.6% 55.8% 15.7% 48.3%
1990 22% 44.6% 20.4% 56.3%
1989 19.6% 50.9% 12.1% 34.9%
1988 21.4% 48.8% 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, the Central African Republic's government spending was $538M, accounting for 19.5% of its GDP, while Peru spent $64.4B, or 22.3% of GDP.

Debt-to-GDP ratio is 60.7% in the Central African Republic and 32.2% in Peru, ranking 77/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

Peru
1x
Year Deficit/surplus, % of GDP
CAR Peru
2024 -5.08% -3.54%
2023 -3.44% -2.78%
2022 -5.23% -1.38%
2021 -5.8% -2.49%
2020 -3.24% -8.16%
2019 1.33% -1.37%
2018 -0.93% -1.94%
2017 -1% -2.79%
2016 1.17% -2.12%
2015 -0.53% -2.02%
2014 -3.02% -0.19%
2013 -2.3% 0.75%
2012 -0.78% 2.07%
2011 -2.15% 2.05%
2010 -1.35% -0.02%
2009 -0.54% -1.48%
2008 -1.23% 2.48%
2007 1.04% 3.35%
2006 8.58% 2.03%
2005 -4.37% -0.44%
2004 -1.74% -1.03%
2003 -3.06% -1.62%
2002 -1.19% -1.4%
2001 -0.88% -2.15%
2000 -2.01% -2.12%
1999 -0.5% -2.93%
1998 0.001% -0.2%
1997 -1.57% 0.47%
1996 -1.06% -0.25%
1995 -4.84% -2.05%
1994 -7.57% -1.9%
1993 -5.66% -2.82%
1992 -7.33% -3.55%
1991 -8% -1.98%
1990 -6.6% -7.99%
1989 -3.25% -1.3%
1988 -3.72% -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/central-african-republic/peru | 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 Peru's deficit of $10.2B, or 3.54% of GDP.

Over the past 37 years, the Central African Republic recorded a fiscal deficit in 32 of those years, while Peru ran a deficit in 30 years. On average, the Central African Republic posted an annual deficit equal to 2.37% of GDP, compared to deficit of 1.47% of GDP for Peru.

Inflation comparison by year

Inflation
Central African Republic

Peru
1x
Year Consumer prices inflation
CAR Peru
2024 1.5% 2.01%
2023 3% 6.46%
2022 5.6% 8.33%
2021 4.3% 4.27%
2020 0.9% 2%
2019 2.8% 2.25%
2018 1.6% 1.51%
2017 4.2% 2.99%
2016 4.9% 3.56%
2015 1.4% 3.4%
2014 17.8% 3.41%
2013 4% 2.77%
2012 5.9% 3.61%
2011 1.2% 3.37%
2010 1.5% 1.53%
2009 3.6% 2.94%
2008 9.2% 5.79%
2007 0.9% 1.78%
2006 6.9% 2%
2005 2.9% 1.62%
2004 -2.6% 3.66%
2003 4.4% 2.26%
2002 2.3% 0.19%
2001 4.1% 1.98%
2000 3.4% 3.76%
1999 -1.6% 3.47%
1998 -2% 7.25%
1997 1.6% 8.56%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Central African Republic has recorded an average annual inflation rate of 3.35%, compared with 3.45% in Peru. In 2024, inflation was 1.5% in the Central African Republic and 2.01% in Peru.

Top exports between countries

CAR
Export category Export value
Peru
Export category Export value
Machinery & equipment $503K
Raw materials & minerals $256K
Textiles & consumer goods $28K
Animal & marine products $27K
Metals $27K
Chemicals & pharma $6K
Wood & paper products $2K

Balance of trade

CAR Peru
Current account balance
-$24.7M
1994
$6.39B
2024
Current account balance ranking
81/190
1994
29/190
2024
Current account balance, % of GDP
-2.9%
1994
+2.21%
2024
Goods imports
$131M
1994
$52.1B
2024
Goods exports
$146M
1994
$76.2B
2024
Service imports
$114M
1994
$15.1B
2024
Service exports
$33.1M
1994
$7.15B
2024
Imports of goods and services, % of GDP
31.4%
2024
22.9%
2024
Exports of goods and services, % of GDP
15%
2024
28.5%
2024

Economic freedom indices

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

CAR Peru
Economic freedom 43.1 66.3
Economic freedom ranking 182/197 62/197
Property rights 5.6 44
Government integrity 19.2 35
Judicial effectiveness 4 47.8
Tax burden 65.5 79.4
Government spending 90.1 84.8
Fiscal health 59 87.4
Business freedom 26.5 73.1
Labor freedom 48.5 64.7
Monetary freedom 75.6 77.6
Trade freedom 47.6 81.6
Investment freedom 45 60
Financial freedom 30 60

Economic freedom comparison by year

Central African Republic
Peru
1x
Year Economic freedom index
CAR Peru
2026 43.1 66.3
2025 42.8 65.9
2024 41.3 64.8
2023 43.8 66.5
2022 45.7 66.5
2021 48.8 67.7
2020 50.7 67.9
2019 49.1 67.8
2018 49.2 68.7
2017 51.8 68.9
2016 45.2 67.4
2015 45.9 67.7
2014 46.7 67.4
2013 50.4 68.2
2012 50.3 68.7
2011 49.3 68.6
2010 48.4 67.6
2009 48.3 64.6
2008 48.6 63.8
2007 50.6 62.7
2006 54.2 60.5
2005 56.5 61.3
2004 57.5 64.7
2003 60 64.6
2002 59.8 64.8
2001 - 69.6
2000 - 68.7
1999 - 69.2
1998 - 65
1997 - 63.8
1996 - 62.5
1995 - 56.9

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

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

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR Peru
Services, % of GDP
42.1%
2024
51.3%
2024
Industry, % of GDP
20%
2024
34%
2024
Agriculture, forestry, and fishing, % of GDP
27.9%
2024
7.34%
2024
GNI, Atlas method
$2.74B
2024
$257B
2024
GNI per capita, PPP
$1,340
2024
$16,780
2024
Total reserves including gold
$480M
2023
$79.2B
2024
Total reserves ranking
158/177
2023
33/177
2024
Net foreign direct investment
$3.6M
1994
-$5.63B
2024
Net inflows of foreign direct investment
$40.4M
2024
$6.8B
2024
Net outflows of foreign direct investment
$0
2024
$1.17B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
5.58%
2024
Poverty at national poverty lines
68.8%
2021
27.6%
2024
Gross capital formation, % of GDP
23.6%
2024
19.4%
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/peru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2023, 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.