Subsistence agriculture, together with forestry and mining, remains the backbone of the economy of the Central African Republic (CAR), with about 60% of the population living in outlying areas. Nominal Gross Domestic Product for Central African Republic from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. is heavily dependent on foreign aid, particularly from French sources. Central African Republic gdp per capita for 2016 was $402, a 6.56% increase from 2015. Central African Republic GDP was at level of 2.32 billion US dollars in 2019, up from 2.28 billion US dollars previous year, this is a change of 1.80%. Central African Republic gdp per capita for 2018 was $476, a 5.56% increase from 2017. Debt indicators are expected to steadily improve over the medium term. Macroeconomic performance and outlook The Central African Republics economy is improving, despite a difficult security and humanitarian environment. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Gross domestic product (GDP) denotes the The Central African Republic would benefit from maintaining its fiscal discipline, because it remains at high risk of debt distress. Central African Republic gdp per capita for 2019 was $468, a 1.69% decline from 2018. Central African Republic African Economic Outlook 2015 After the fall in production recorded in 2013, economic activity in the Central African Republic (CAR) picked up slightly in 2014. The statistic shows gross domestic product (GDP) per capita in the Central African Republic from 1985 to 2025. Central African Republic - Economy. The statistic shows gross domestic product (GDP) in the Central African Republic from 1984 to 2021. GDP is the total value of all goods and services produced in a GDP per capita (current US$) - Central African Republic from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Most of the population relies on subsistence agriculture to Find Out Published on November 30, 2020, by the World Bank, the third Economic Update for the Central African Republic (CAR) confirms a slowdown in economic activity in 2019 at 3.1% from 3.8% in 2018, which is still above that of the Economic and Monetary Community of Central African States (CEMAC) and other countries in fragile and conflict-affected settings. The C.A.R. However, inflation rose to 3.5% in 2019 (up from 1.6% in 2018) due to food supply problems and the Population, GDP, life expectancy, birth rate and other key metrics for Central African Republic. Central African Republic gdp per capita for 2017 was $451, a 12.11% increase from 2016. Our World in Data. 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