FAX: [236] 61 44 94
note: the embassy is currently operating with a minimal staff
Flag description:
four equal horizontal bands of blue (top), white, green, and yellow with a vertical red band in center; a yellow five-pointed star to the hoist side of the blue band
Economy ::Central African Republic
Economy - overview:
Subsistence agriculture, together with forestry, remains the backbone of the economy of the Central African Republic (CAR), with more than 70% of the population living in outlying areas. The agricultural sector generates more than half of GDP. Timber has accounted for about 16% of export earnings and the diamond industry, for 40%. Important constraints to economic development include the CAR's landlocked position, a poor transportation system, a largely unskilled work force, and a legacy of misdirected macroeconomic policies. Factional fighting between the government and its opponents remains a drag on economic revitalization. Distribution of income is extraordinarily unequal. Grants from France and the international community can only partially meet humanitarian needs.
GDP (purchasing power parity):
$3.184 billion (2008 est.) country comparison to the world: 171 $3.115 billion (2007 est.)
$3.004 billion (2006 est.)