Central African Republic

Central African Republic

Region: Central Africa · ISO code: CAF

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

Exports of goods, USD billion 0.0 0.1 0.2 0.3 2021 2022 2023 2024 2025 2021: 0.150.15 2022: 0.16 2023: 0.17 2024: 0.12 2025: 0.260.26 Exports of goods, USD billion 0.0 0.1 0.2 0.3 2021 2022 2023 2024 2025 2021: 0.150.15 2022: 0.16 2023: 0.17 2024: 0.12 2025: 0.260.26
Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 106.7 2023: 113.3 2024: 80.0 2025: 173.3173.3 Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 106.7 2023: 113.3 2024: 80.0 2025: 173.3173.3
Table
Exports of goods, 2021–2025: amount and index (2021 = 100)
YearUSD billionindex, 2021 = 100
20210.15100.0
20220.16106.7
20230.17113.3
20240.1280.0
20250.26*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)

Imports of goods by year
YearUSD billion
20210.33
20220.84
20230.81
20240.81
20250.58*

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

  • aircraft50.0%
  • precious metals and stones (gold, diamonds)22.0%
  • articles of base metal10.0%
  • vehicles and components6.9%
  • wood and wood products5.5%

Main export destinations

share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024

  • Pakistan30.4%
  • Tunisia19.6%
  • Sri Lanka7.4%
  • Egypt5.7%
  • Portugal3.4%

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)