Central African Republic GDP Annual Growth Rate
Central African Republic's GDP annual growth rate rose to 1.54% in 2024, up from 0.7% in 2023, according to World Bank. This represents an increase of 0.84% from the previous year. The Central African Republic has GDP annual growth rate lower than the global median (1.54% vs median 3.24%). Compared with the median in Africa, the Central African Republic is lower (1.54% vs regional median 3.99%) and ranks 45th out of 52 countries in Africa.
Central African Republic's real GDP rose to $2.08 billion in 2024, up from $2.05 billion in 2023.
Yearly Historical Data (1961-2024)
(in %)Central African Republic GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Central African Republic's total economic output.