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

Updated on by Georank team

The Central African Republic has a GDP of $2.75B compared to $218B for Qatar, ranking 171/197 and 56/197 by economy size, respectively.

The Central African Republic has $1.67B in government debt (58.3% of GDP), compared to $89B (40.5% of GDP) in Qatar.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Central African Republic
GDP, current $

GDP, constant 2015 $
Qatar
GDP, current $

GDP, constant 2015 $
Year GDP
CAR Qatar
Current $ Constant $ Current $ Constant $
1960 $112,155,598 $980,371,514 - -
1961 $123,134,583 $1,028,934,744 - -
1962 $124,482,774 $990,722,164 - -
1963 $129,379,124 $983,717,651 - -
1964 $142,025,079 $1,004,182,172 - -
1965 $150,574,795 $1,013,697,588 - -
1966 $157,930,018 $1,020,233,745 - -
1967 $163,820,514 $1,067,946,130 - -
1968 $191,767,442 $1,082,941,303 - -
1969 $188,039,210 $1,159,738,546 - -
1970 $189,106,529 $1,186,793,864 $301,791,302 $8,816,161,355
1971 $201,450,800 $1,200,207,037 $387,703,106 $9,698,469,706
1972 $230,317,883 $1,200,196,629 $510,262,500 $10,773,000,939
1973 $271,183,082 $1,222,867,623 $793,885,560 $11,934,857,801
1974 $281,398,706 $1,300,385,612 $2,401,403,227 $12,643,579,838
1975 $378,660,016 $1,305,652,006 $2,512,773,166 $13,386,912,643
1976 $451,152,461 $1,376,581,800 $3,284,273,987 $14,504,574,217
1977 $507,298,148 $1,428,977,737 $3,617,564,638 $13,444,952,239
1978 $610,578,632 $1,446,257,442 $4,052,000,413 $14,636,627,610
1979 $700,764,748 $1,410,605,203 $5,632,962,997 $15,401,791,822
1980 $797,048,199 $1,347,429,290 $7,829,165,262 $15,245,244,656
1981 $694,803,623 $1,326,618,708 $8,661,263,764 $15,382,600,057
1982 $748,312,391 $1,428,977,737 $7,596,703,214 $14,325,124,118
1983 $658,679,333 $1,312,851,667 $6,467,582,308 $14,063,666,907
1984 $637,820,670 $1,437,332,673 $6,704,395,824 $14,718,715,618
1985 $864,849,836 $1,493,779,883 $6,153,296,456 $14,406,653,786
1986 $1,122,265,013 $1,547,227,017 $5,053,021,951 $15,175,362,083
1987 $1,200,991,978 $1,470,809,662 $5,446,428,681 $15,182,189,691
1988 $1,264,899,288 $1,495,962,938 $6,038,187,033 $16,078,614,414
1989 $1,233,930,281 $1,525,542,171 $6,487,912,088 $17,079,059,748
1990 $1,440,711,459 $1,492,780,725 $7,360,439,423 $17,662,217,767
1991 $1,377,374,987 $1,484,532,469 $6,883,516,484 $17,368,630,639
1992 $1,411,917,553 $1,389,164,943 $7,646,153,984 $19,336,588,147
1993 $1,278,781,262 $1,393,822,475 $7,156,593,654 $19,080,352,035
1994 $851,174,357 $1,462,119,071 $7,374,450,769 $19,351,046,596
1995 $1,115,389,674 $1,567,392,310 $8,137,911,978 $19,815,323,915
1996 $1,007,791,127 $1,504,695,161 $9,059,340,385 $20,682,028,462
1997 $937,741,513 $1,584,443,042 $11,297,802,115 $26,889,127,081
1998 $967,338,390 $1,658,914,120 $10,255,495,027 $29,905,724,793
1999 $999,477,511 $1,718,634,612 $12,393,131,868 $31,186,905,301
2000 $916,777,283 $1,675,850,365 $17,759,890,110 $33,690,629,183
2001 $932,648,605 $1,750,672,710 $17,538,461,538 $35,003,952,797
2002 $996,068,145 $1,813,986,527 $19,363,736,264 $37,517,989,781
2003 $1,142,315,523 $1,716,076,873 $23,533,791,209 $38,913,643,497
2004 $1,272,360,517 $1,818,953,694 $31,734,065,934 $46,392,423,696
2005 $1,337,894,379 $1,835,473,623 $44,530,494,505 $49,868,495,958
2006 $1,461,859,762 $1,923,045,638 $60,882,142,857 $62,919,203,862
2007 $1,699,811,295 $2,011,650,636 $79,712,087,912 $74,235,635,940
2008 $1,993,407,888 $2,052,972,574 $115,270,054,945 $87,348,289,336
2009 $2,067,381,665 $2,229,266,676 $97,798,351,648 $97,792,140,945
2010 $2,142,591,540 $2,332,499,968 $125,122,306,346 $116,951,901,413
2011 $2,437,982,705 $2,430,339,369 $167,775,268,626 $132,594,424,543
2012 $2,510,126,512 $2,553,162,919 $186,833,502,363 $138,866,156,528
2013 $1,691,544,110 $1,624,016,454 $198,727,642,967 $146,581,616,624
2014 $1,894,813,389 $1,625,333,053 $206,224,598,571 $154,400,753,941
2015 $1,695,825,714 $1,695,825,714 $161,739,955,577 $161,739,955,577
2016 $1,825,018,145 $1,776,382,809 $151,732,181,868 $166,695,978,169
2017 $2,072,349,973 $1,856,804,601 $161,099,122,225 $164,199,531,362
2018 $2,220,979,146 $1,927,167,164 $183,334,953,819 $166,227,185,730
2019 $2,221,301,351 $1,986,909,346 $176,371,267,692 $167,371,229,300
2020 $2,326,720,900 $2,004,791,530 $144,411,363,352 $161,416,823,769
2021 $2,516,498,412 $2,024,497,026 $179,732,009,560 $164,042,828,071
2022 $2,382,618,615 $2,033,686,257 $235,709,325,714 $170,908,036,354
2023 $2,555,492,086 $2,047,921,418 $213,002,809,341 $172,936,988,055
2024 $2,751,544,520 $2,079,451,881 $217,982,967,033 $177,724,600,424

Economic indicators

CAR Qatar
Gross domestic product
$2.75B
2024
$218B
2024
GDP rank
171/197
2024
56/197
2024
GDP growth
7.67%
2023-2024
2.34%
2023-2024
GDP per capita
$516
2024
$76,276
2024
GDP per capita rank
194/197
2024
11/197
2024
GDP per capita, PPP
$1,264
2024
$126,110
2024
Government debt
$1.67B
2024
$89B
2024
Debt-to-GDP ratio
58.3%
2025
40.5%
2025
Government debt per person
$313
2024
$31,151
2024
Government debt per person rank
178/185
2024
23/185
2024
Average annual personal income after taxes
$1,261
2025
$36,023
2025
Market capitalization of domestic companies n/a
$170M
2024
Number of millionaires n/a
26,163
2024
Number of billionaires n/a
2
2025
Income share by richest 10%
33.1%
2021
25.8%
2017
Income share by poorest 10%
2.1%
2021
2.6%
2017
Government expenditure, % of GDP
17.9%
2025
26.5%
2025
Consumer prices inflation
4.6%
2024-2025
0.1%
2024-2025
Central bank interest rate n/a
4.6%
2025
Unemployment rate
6.9%
2017
0.13%
2022
Population
5662456
2964497

GDP per capita in Central African Republic vs Qatar

The Central African Republic's GDP per capita is $516, ranking 194/197, compared to $76,276 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,264, while Qatar ranks 5th at $126,110.

Central African Republic
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
Year Current $
CAR Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $65.9 - - -
1961 $71 - - -
1962 $70.4 - - -
1963 $71.8 - - -
1964 $77.2 - - -
1965 $80.2 - - -
1966 $82.3 - - -
1967 $83.6 - - -
1968 $95.6 - - -
1969 $91.7 - - -
1970 $90.2 - $2,594 -
1971 $94.1 - $2,952 -
1972 $105.5 - $3,483 -
1973 $121.8 - $4,905 -
1974 $124 - $13,540 -
1975 $163.6 - $13,014 -
1976 $192.1 - $15,710 -
1977 $213.8 - $16,058 -
1978 $254.6 - $16,757 -
1979 $289.1 - $21,777 -
1980 $325 - $28,375 -
1981 $280.3 - $29,505 -
1982 $298.4 - $24,385 -
1983 $259.6 - $19,616 -
1984 $248.3 - $19,272 -
1985 $333 - $16,815 -
1986 $426 - $13,213 -
1987 $450 - $13,719 -
1988 $466 - $14,682 -
1989 $443 - $15,243 -
1990 $502 $620 $16,722 $55,659
1991 $465 $618 $15,133 $54,759
1992 $462 $573 $16,280 $60,387
1993 $405 $570 $14,770 $59,125
1994 $261.3 $592 $14,765 $59,415
1995 $333 $631 $15,823 $60,321
1996 $293.3 $601 $17,125 $62,331
1997 $265.5 $626 $20,523 $79,219
1998 $266.6 $645 $17,665 $84,486
1999 $268 $660 $20,234 $84,690
2000 $239.2 $640 $27,535 $88,849
2001 $238 $668 $25,871 $89,805
2002 $248.6 $688 $27,227 $93,176
2003 $278.4 $648 $31,602 $94,120
2004 $303 $690 $41,036 $110,958
2005 $312 $702 $53,950 $115,250
2006 $334 $743 $62,582 $127,181
2007 $381 $783 $65,954 $124,056
2008 $437 $798 $80,781 $126,015
2009 $456 $877 $60,786 $125,898
2010 $477 $936 $77,387 $151,646
2011 $534 $980 $103,262 $174,620
2012 $544 $1,062 $108,470 $180,939
2013 $364 $710 $103,697 $169,203
2014 $410 $699 $95,841 $148,389
2015 $366 $769 $68,985 $102,546
2016 $387 $826 $61,254 $89,935
2017 $432 $884 $63,280 $99,358
2018 $455 $906 $71,040 $110,033
2019 $449 $985 $66,841 $107,502
2020 $463 $1,066 $51,684 $82,149
2021 $492 $1,129 $71,752 $116,833
2022 $467 $1,218 $88,701 $122,920
2023 $496 $1,257 $80,196 $128,919
2024 $516 $1,264 $76,276 $126,110

Spending and national debt comparison

In 2024, the Central African Republic's government spending was $538M, accounting for 17.9% of its GDP, while Qatar's spent $56.2B, or 26.5% of GDP.

Debt-to-GDP ratio is 58.3% in the Central African Republic and 40.5% in Qatar, ranking 87/185 and 133/185, respectively.

Central African Republic
Government spending

Government debt
Qatar
Government spending

Government debt
Year % of GDP
CAR Qatar
Government spending Government debt Government spending Government debt
1988 21.4% 48.8% - -
1989 19.6% 50.9% - -
1990 22% 44.6% 50% 12.6%
1991 22.6% 55.8% 57.5% 21.8%
1992 23.1% 57.4% 54.2% 19.9%
1993 20.6% 68.2% 62.8% 46.3%
1994 22.4% 103.4% 59.8% 54.8%
1995 20.6% 83.8% 52.2% 50.2%
1996 11.7% 93% 55.2% 57.8%
1997 14.5% 96.1% 47.6% 54.4%
1998 18.1% 85.3% 55.1% 76.6%
1999 18.2% 84.2% 42.4% 81.8%
2000 17.2% 94.7% 29.8% 51.6%
2001 14.1% 103.1% 32.1% 59.2%
2002 16.7% 98.5% 31.6% 47.7%
2003 12.3% 95.9% 28.5% 38.8%
2004 13.1% 99.7% 29.9% 30.1%
2005 16.2% 103% 29% 19.1%
2006 13.4% 46.7% 29.5% 13.9%
2007 12.9% 47.9% 29.5% 9.37%
2008 16% 35.8% 23.5% 11.4%
2009 16% 20.3% 36.4% 36%
2010 17.3% 19.9% 32% 30.4%
2011 14.2% 19.7% 28.5% 33.5%
2012 14.7% 31.5% 31% 32.1%
2013 13.4% 51.8% 28.3% 30.9%
2014 18% 62.2% 32.3% 24.9%
2015 14% 59.8% 38.6% 35.5%
2016 12.1% 53.9% 40.1% 46.7%
2017 13.9% 50.3% 34.7% 51.6%
2018 17.6% 50% 28.9% 52.2%
2019 16.9% 48.2% 32.5% 62.1%
2020 25.1% 44.4% 34.7% 72.6%
2021 19.7% 48.5% 29.4% 58.4%
2022 17.6% 51% 24.3% 42.6%
2023 18.1% 58.2% 27.3% 43.7%
2024 19.5% 60.7% 25.8% 40.8%
2025 17.9% 58.3% 26.5% 40.5%

Government deficit by year

In 2024, the Central African Republic's government deficit, the difference between spending and revenue, was -$137M, equivalent to -4.98% of GDP. This compares to Qatar's surplus of $1.52B, or 0.7% of GDP.

Over the past 35 years, the Central African Republic recorded a fiscal deficit in 30 of those years, while Qatar ran a deficit in 12 years. On average, the Central African Republic posted an annual deficit equal to -2.33% of GDP, compared to surplus of +3.04% of GDP for Qatar.

Deficit/surplus
Central African Republic

Qatar
Year Deficit/surplus, % of GDP
CAR Qatar
1988 -3.72% -
1989 -3.25% -
1990 -6.6% 3.23%
1991 -8% -2.57%
1992 -7.33% -2.74%
1993 -5.66% -9.53%
1994 -7.57% -11.8%
1995 -4.84% -5.78%
1996 -1.06% -8.73%
1997 -1.57% -9.4%
1998 0.001% -7%
1999 -0.5% -4.35%
2000 -2.01% 4.62%
2001 -0.88% 4.48%
2002 -1.19% 7.89%
2003 -3.06% 6.71%
2004 -1.74% 17.7%
2005 -4.37% 9.8%
2006 8.58% 8.39%
2007 1.04% 10.3%
2008 -1.23% 9.49%
2009 -0.54% 14.1%
2010 -1.35% 4.6%
2011 -2.15% 5.24%
2012 -0.78% 8.55%
2013 -2.3% 19.3%
2014 -3.26% 13.4%
2015 -0.59% 18.4%
2016 1.28% -9.2%
2017 -1.06% -6.82%
2018 -0.97% 2.26%
2019 1.42% 1%
2020 -3.36% -2.13%
2021 -6.02% 0.24%
2022 -5.34% 10.4%
2023 -3.59% 5.48%
2024 -4.98% 0.7%
2025 -1.62% 0.04%

Inflation comparison by year

Over the past 30 years, the Central African Republic has recorded an average annual inflation rate of 3.4%, compared with 3.11% in Qatar. In 2025, inflation was 4.6% in the Central African Republic and 0.1% in Qatar.

Inflation
Central African Republic

Qatar
Year Inflation
CAR Qatar CAR Qatar
1996 3.8% 7%
1997 1.6% 2.7%
1998 -2% 2.9%
1999 -1.6% 2.2%
2000 3.4% 1.6%
2001 4.1% 1.7%
2002 2.3% 0.2%
2003 4.4% 2.3%
2004 -2.6% 6.8%
2005 2.9% 9%
2006 6.9% 11.7%
2007 0.9% 13.7%
2008 9.2% 15.1%
2009 3.6% -4.9%
2010 1.5% -2.4%
2011 1.2% 2%
2012 5.9% 1.8%
2013 4% 3.1%
2014 17.8% 4.2%
2015 1.4% 0.9%
2016 4.9% 2.7%
2017 4.2% 0.6%
2018 1.6% 0.1%
2019 2.8% -0.9%
2020 0.9% -2.5%
2021 4.3% 2.3%
2022 5.6% 5%
2023 3% 3.1%
2024 1.5% 1.2%
2025 4.6% 0.1%

Top exports between countries

CAR
Export category Export value
Qatar
Export category Export value
Raw materials & minerals $127K
Chemicals & pharma $61K

Balance of trade

CAR Qatar
Current account balance
-$24.7M
1994
$37.9B
2024
Current account balance ranking
78/189
1994
15/189
2024
Current account balance, % of GDP
-2.9%
1994
+17.4%
2024
Goods imports
$131M
1994
$32.6B
2024
Goods exports
$146M
1994
$95B
2024
Service imports
$114M
1994
$37.1B
2024
Service exports
$33.1M
1994
$30.2B
2024
Imports of goods and services, % of GDP
32.4%
2024
31.6%
2022
Exports of goods and services, % of GDP
15.5%
2024
68.6%
2022

Economic freedom indices

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

CAR Qatar
Economic freedom 42.8 70.2
Economic freedom ranking 184/197 33/197
Property rights 6.9 71.1
Government integrity 19.6 52.6
Judicial effectiveness 4 42.3
Tax burden 65.5 99.9
Government spending 89.8 78.1
Fiscal health 53.8 96.2
Business freedom 27.1 67.9
Labor freedom 48.3 59.3
Monetary freedom 72.8 73.2
Trade freedom 50.4 81.6
Investment freedom 45 60
Financial freedom 30 60

Economic freedom by year comparison

The Economic Freedom Index for the Central African Republic is 42.8, ranking 184/197, compared to 70.2 for Qatar, ranking 33/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Central African Republic
Qatar
Year Economic freedom index
CAR Qatar
1999 - 62
2000 - 62
2001 - 60
2002 59.8 61.9
2003 60 65.9
2004 57.5 66.5
2005 56.5 63.5
2006 54.2 62.4
2007 50.6 62.9
2008 48.6 62.2
2009 48.3 65.8
2010 48.4 69
2011 49.3 70.5
2012 50.3 71.3
2013 50.4 71.3
2014 46.7 71.2
2015 45.9 70.8
2016 45.2 70.7
2017 51.8 73.1
2018 49.2 72.6
2019 49.1 72.6
2020 50.7 72.3
2021 48.8 72
2022 45.7 67.7
2023 43.8 68.6
2024 41.3 68.8
2025 42.8 70.2

More economic indicators

CAR Qatar
Services, % of GDP
40.5%
2024
45.9%
2024
Industry, % of GDP
17.8%
2024
58.5%
2024
Agriculture, forestry, and fishing, % of GDP
32.5%
2024
0.29%
2024
GNI, Atlas method
$2.75B
2024
$219B
2024
GNI per capita, PPP
$1,340
2024
$121,930
2024
Total reserves including gold
$480M
2023
$54B
2024
Total reserves ranking
158/177
2023
40/177
2024
Net foreign direct investment
$3.6M
1994
$1.1B
2024
Net inflows of foreign direct investment
$40.4M
2024
$460M
2024
Net outflows of foreign direct investment
$1.29K
2002
$1.56B
2024
Servicing debt to the IMF, % of GNI
1.41%
2023
n/a
Poverty at national poverty lines
68.8%
2021
n/a
Gross capital formation, % of GDP
15.4%
2024
30.6%
2022

GDP per capita map

GDP per capita

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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.