CENTRAL AFRICAN

REPUBLIC

BRIEF HISTORY
Official name

Rpublique Centrafricaine
(Central African Republic)

Form of government

republic with two legislative

houses1

Head of state

President: Faustin-Archange
Touadra

Head of government

Prime Minister: Simplice

Sarandji

Capital

Bangui

Official languages

French; Sango

Official religion

none

Monetary unit

CFA franc (CFAF)

Population

(2015 est.) 4,803,000

Capital
and largest city
Bangui
Official languages
Sango French
Ethnic groups
Baya
Banda
Mandjia
Sara
Fulani
Mboum
M'Baka
Yakoma
Demonym
Central African
Government
Semi-presidential republic
President
Faustin-Archange Touadra
Prime Minister
Simplice Sarandji

Legislature
National Assembly
Independence
from France 13 August 1960
Central African Empire established
4 December 1976
Republic restored 21 September 1979
Area
Total 622,984 km2 (45th)
240,534 sq mi
Water (%) 0
Population
2014 estimate
4,709,000[1] (119th)
2003 census 4,987,640[2]
Density
7.1/km2 (221st)
18.4/sq mi

CURRENCY AND EXCHANGE RATE

TO USD

1.00 XAF

0.00168956 USD

BANK OF CENTRAL AFRICAN STATES

Bank of Central African States

Banque des tats de l'Afrique Centrale

GDP AMOUNT
The Gross Domestic Product (GDP) in Central African
Republic was worth 1.50 billion US dollars in 2015. The
GDP value of Central African Republic represents less
than 0.01 percent of the world economy. GDP in Central
African Republic averaged 0.91 USD Billion from 1960
until 2015, reaching an all time high of 2.19 USD Billion
in 2011 and a record low of 0.11 USD Billion in 1960.
GDP in Central African Republic is reported by the World
Bank.

GDP PER CAPITA

The Gross Domestic Product per capita in Central African

Republic was last recorded at 562.19 US dollars in 2015, when
adjusted by purchasing power parity (PPP). The GDP per Capita,
in Central African Republic, when adjusted by Purchasing Power
Parity is equivalent to 3 percent of the world's average. GDP per
capita PPP in Central African Republic averaged 827.98 USD
from 1990 until 2015, reaching an all time high of 943.06 USD in
1990 and a record low of 543.60 USD in 2014. GDP per capita
PPP in Central African Republic is reported by the World Bank.

GDP GROWTH RATE

The Gross Domestic Product (GDP) in Central African Republic expanded 4.90 percent
in 2015 from the previous year, the most since 2000 as increased activity in most
sectors helped boost growth after years of poor performance hampered by intercommunal violence and political instability. GDP Annual Growth Rate in Central African
Republic averaged 1.05 percent from 1961 until 2015, reaching an all time high of
9.48 percent in 1984 and a record low of -37 percent in 2013. GDP Annual Growth
Rate in Central African Republic is reported by the Bank of Central African States.

UNEMPLOYMENT RATE
Unemployment Rate in Central African Republic decreased to 7.60
percent in 2012 from 16.10 percent in 2005. Unemployment Rate
in Central African Republic averaged 9.43 percent from 1993 until
2012, reaching an all time high of 16.10 percent in 2005 and a
record low of 6 percent in 1993. Unemployment Rate in Central
African Republic is reported by the Bank of Central African States.

INFLATION RATE
The inflation rate in Central African Republic was recorded at
25.58 percent in June of 2014. Inflation Rate in Central
African Republic averaged 3.81 percent from 1981 until 2014,
reaching an all time high of 51.73 percent in January of 1995
and a record low of -10.67 percent in May of 1987. Inflation
Rate in Central African Republic is reported by the Afristat.

INTEREST RATE
The benchmark interest rate in Central African Republic was
last recorded at 2.45 percent. Interest Rate in Central African
Republic averaged 3.57 percent from 2009 until 2016, reaching
an all time high of 4.25 percent in July of 2009 and a record low
of 2.45 percent in July of 2015. Interest Rate in Central African
Republic is reported by the Bank of Central African States.

GROUP MEMBERS:

CAETE, MARS MARIE

MORONG, GARRY
SALIMBOT, RAYMOND
SAPATAN, RONALD