Attribute | Value |
---|---|
Geography | |
Area | 622,984 km² |
Continent | Africa |
Land area | 622,984 km² |
Water area | 0 km² |
Land boundaries | 5,920 km |
Border countries |
|
Coastline | 0 km |
Mean elevation | 635 m |
Lowest point | 335 m |
Highest point | 1,410 m |
People | |
Population | 5,990,855 |
Official languages |
|
Religion | Indigenous beliefs |
Government | |
Long country name | Central African Republic |
Short country name | Add |
Long local name | Republique Centrafricaine |
Short local name | Add |
Former name |
|
Government type | Presidential republic |
Capital | Bangui |
Economy | |
GDP (PPP) | 3,390,000,000 USD |
GDP (OER) | 1,937,000,000 USD |
GDP (real growth rate) | 4.3 % |
GDP - per capita (PPP) | 700 USD |
Gross national saving | 5.4 % of GDP |
Labor force | 2,242,000 |
Unemployment rate | 6.9 % |
Population below poverty line | 62 % |
Budget revenues | 282,900,000 USD |
Budget expenditures | 300,100,000 USD |
Military expenditures | Add |
Taxes and other revenues | 14.6 % of GDP |
Budget surplus or deficit | -0.9 % of GDP |
Public debt | 52.9 % of GDP |
Inflation rate | 4.1 % |
Central bank discount rate | 4.25 % |
Commercial bank prime lending rate | 15.5 % |
Stock of narrow money | 428,900,000 USD |
Stock of broad money | 428,900,000 USD |
Stock of domestic credit | 547,000,000 USD |
Market value of publicly traded shares | Add |
Current account balance | -163,000,000 USD |
Exports | 113,700,000 USD |
Imports | 393,100,000 USD |
Reserves of foreign exchange and gold | 304,300,000 USD |
External debt | 779,900,000 USD |
National currency | Cooperation Financiere en Afrique Centrale francs |
National currency (code) | XAF |
National currency (symbol) | FCFA |
National currency rate to USD | 605.3 |
The former French colony of Ubangi-Shari became the Central African Republic upon independence in 1960. After three tumultuous decades of misrule - mostly by military governments - civilian rule was established in 1993 but lasted only a decade. In March 2003, President Ange-Felix PATASSE was deposed in a military coup led by General Francois BOZIZE, who established a transitional government. Elections held in 2005 affirmed General BOZIZE as president; he was reelected in 2011 in voting widely viewed as flawed. The government still lacks full control of the countryside, where lawlessness persists. Several rebel groups joined together in early December 2012 to launch a series of attacks that left them in control of numerous towns in the northern and central parts of the country. The rebels - unhappy with BOZIZE's government - participated in peace talks in early January 2013 which resulted in a coalition government including the rebellion's leadership. In March 2013, the coalition government dissolved, rebels seized the capital, and President BOZIZE fled the country. Rebel leader Michel DJOTODIA assumed the presidency and the following month established a National Transitional Council (CNT). In January 2014, the CNT elected Catherine SAMBA-PANZA as interim president. Elections completed in March 2016 installed independent candidate Faustin-Archange TOUADERA as president; he continues to work towards peace between the government and armed groups, and is developing a disarmament, demobilization, reintegration, and repatriation program to reintegrate the armed groups into society.