Region: Central Africa
Capital: Bangui
Population (2012): 5,057,208
Surface area: 622,984 sq km
Currency: Coopération Financière en Afrique Centrale franc
GDP per capita (2011): US $ 489

Economy – Overview:

Subsistence agriculture, together with forestry, remains the backbone of the economy of the Central African Republic (CAR), with about 60% of the population living in outlying areas. The agricultural sector generates more than half of GDP. Timber has accounted for about 16% of export earnings and the diamond industry, for 40%. Important constraints to economic development include the CAR’s landlocked position, a poor transportation system, a largely unskilled work force, and a legacy of misdirected macroeconomic policies. In 2012 the World Bank approved $125 million in funding for transport infrastructure and regional trade, focused on the route between CAR’s capital and the port of Douala in Cameroon.

Human Development Index ranking (2012): 180 out of 186
Net Official Development Assistance (ODA) (2011): US $ 272 million
FDI inflows (2012): $ 71 million
Top Three Donors of gross ODA: IDA, AfDF, EU institutions
External debt stock (% of GNI) (2011): 26.5
Total External Debt (2011): US $ 573 million
Merchandise exports (2011): US$ 190 million
Terms of trade index (2012): 68.8
Major export commodities: Diamonds, Wood
Cost to export per container (2013): US $ 5,491
HIPC Position (2013):  Post Completion Point

United Nations membership date: 20 September 1960

New York Mission:
Permanent Mission of the Central African Republic to the United Nations
51 Clifton Avenue, Suite 2008
Newark, N.J.07104
Telephone: 973-482-9161
Fax: 973-482-9161

Sources:
United Nations Statistics Division
OECD Creditor reporting System Database
UNCTADStat database
UNDP (2013) Human Development Report
World Bank (2013) HIPC at a Glance
World Bank World Development Indicators
World Bank (2013) Doing Business 2013

Updated July 2013