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Laboratoire de la finance africaine

Central African Republic (CEMAC)

Preview 2018
Projected Real GDP Growth (% Change) : 4.5
GDP (current, USD Bn) : 2.20
Projected Consumer Prices (% Change) : 3.5
Country Population : 5.28 million
Economic performance and outlook

The Central African Republic’s economy is improving, despite a difficult security and humanitarian environment. Real GDP growth increased from 3.8% in 2018 to 4.5% in 2019, spurred by the steady recovery of agricultural and mining activities. However, inflation rose to 3.5% in 2019 (up from 1.6% in 2018) due to food supply problems and the security situation in some farming areas.

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

Financial markets

In the end of 2017, the banking sector of the Central African Economic and Monetary Community (CEMAC) (Central African Republic member of the CEMAC) represented a total asset of $ 14 billion.

Credit distributed to private sector in 2017 represents $ 13.4 billion.