Central African Republic Economy

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Gross Domestic Product 2012

GDP (purchasing power parity): $50.32 billion (2012 est.)

GDP real growth rate: 4.7%

GDP per capita (PPP): $2,300

GDP composition by sector

Agriculture: 19.8%

Industry: 30.9%

Services: 49.3%

Inflation: 3.01% May 2013

Currency: Central African CFA franc

Business Languages

The commercial languages include the following

  • French
  • Sangho
  • Banda
  • Gbaya

Transport

Central African Republic has an estimated 23810 kilometers of road network of which 643 are paved.

Major roads include:

  • RN1 (Route Nationale 1) north from Bangui. 482 km via Bossangoa to Moundou, Chad.
  • RN2 east from Bangui. 1202 km via Bambari and Bangassou to the Sudanese border at Bambouti.
  • RN3 west from RN1 at Bossembélé. 453 km via Bouar and Baboua to Boulai on the Cameroon border as part of the east-west Trans-African Highway 8 Lagos-Mombasa.
  • RN4 from RN2 at Damara, 76 km north of Bangui, north 554 km via Bouca and Batangafo to Sarh, Chad.
  • RN6 south and west from Bangui, 605 km via Mbaïki, Carnot and Berbérati to Gamboula on the border with Cameroon.
  • RN8 north-east from RN2 at Sibut, 023 km via Kaga Bandoro, Ndéle, and Birao to the Sudanese border.
  • RN10 south from RN6 at Berbérati, 136 km via Bania to Nola.
  • RN11 from Baoro on RN3 south, 104 km to Carnot on RN6.

Water ways 900 km; traditional trade carried on by means of shallow-draft dugouts; Oubangui is the most important river, navigable all year to craft drawing 0.6 m or less; 282 km navigable to craft drawing as much as 1.8 m.

Ports and harbors

Bangui, Nola, Salo, Nzinga

Air transport

Central African Republic is served by Bangui M’Poko International Airport

Energy in Central African Republic

Central African Republic’s energy sources consist primarily of electricity, fuel wood, solar, wind, biomass and geothermal among others

Challenges in Central African Republic

  • Corruption
  • Hunger
  • Poor education,
  • High illiteracy rates (especially among girls)
  • Natural disasters such as floods
  • Poaching
  • Poor farming methods which are subsistence based
  • Poverty
  • Overpopulation
  • Overgrazing
  • Deforestation
  • Diseases

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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