Economy
Nominal GDP
USD 2.79 billion
GDP per capita
USD 506
2021–2025 average
Currency
- Name
- Central African CFA franc
Франк КФА BEAC - ISO code
- XAF
- Rate against the US dollar
- USD 1 = 579.64 XAF
- Rate against the rouble
- 10 XAF = 1.4416 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- Central African CFA franc (XAF)
- Note
- fixed peg to the euro: 1 EUR = 655.957 CFA francs
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 31.2%
- Industry 20.9%
- Services 41.8%
Industries and programmes
- Key industries
- Diamonds, gold, forestry, coffee, and cotton.
- Government programmes
- National Development Plan (PND-RCA) 2024–2028
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 0.15 | 100.0 |
| 2022 | 0.16 | 106.7 |
| 2023 | 0.17 | 113.3 |
| 2024 | 0.12 | 80.0 |
| 2025 | 0.26* | 173.3 |
The value is marked with “*” in the document; the document gives no explanation.
- Imports of goods
- USD 0.58 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 0.59 billion 2025Source: World Bank, national accounts. Period: 2025The document cell also contains: USD 245 million (2024, Observatory of Economic Complexity — hereafter OEC) — latest available year
- Change in exports of goods, 2021–2025
- +73.3%
- Average annual rate of change in exports of goods, 2021–2025
- +14.7%
Imports of goods by year
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT)
| Year | USD billion |
|---|---|
| 2021 | 0.33 |
| 2022 | 0.84 |
| 2023 | 0.81 |
| 2024 | 0.81 |
| 2025 | 0.58* |
The value is marked with “*” in the document; the document gives no explanation.
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Investment areas
- Mining
- Forestry
- Agriculture
- Hydropower
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
No information
Other agreements
Source: Ministry of Natural Resources and Environment of the Russian Federation (https://www.mnr.gov.ru/press/news/rossiya_i_tsar_podpisali_plan_sovmestnykh_meropriyatiy_v_sferakh_geologii_i_nedropolzovanii_/)- Agreement on Military Cooperation (2018).
- Agreement on the Establishment of an Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation (published in 2026).
- Russia–CAR Joint Action Plan in Geology and Subsurface Resource Use (signed on 6 October 2026)
Incentives
- Main regimes and incentives
Investment Charter: the National Investment Commission serves as the one-stop shop; Mining Code.
- Investment agency
- API-RCA — Investment Promotion Agency
- One-stop shop
- GUFE — One-Stop Shop for Business Formalities (GUFE)