Central African Republic: Remittances

* indicates monthly or quarterly data series
 Central African Republic

Remittances, million USD

 Latest value 0.00
 Year 2023
 Measure million U.S. dollars
 Data availability 1977 - 2023
 Average 0.11
 Min - Max 0.00 - 1.97
 Source The World Bank
The latest value from 2023 is 0 million U.S. dollars, unchanged from 0 million U.S. dollars in 2022. In comparison, the world average is 4590.03 million U.S. dollars, based on data from 184 countries. Historically, the average for the Central African Republic from 1977 to 2023 is 0.11 million U.S. dollars. The minimum value, 0 million U.S. dollars, was reached in 2005 while the maximum of 1.97 million U.S. dollars was recorded in 1977. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Central African Republic - Remittances - Recent values chart

Historical series
Central African Republic - Remittances - historical chart - 1977-2023




Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.
Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 92.53 2021 percent
 Trade openness 43.48 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 14.44 2023 percent
 Exports, billion dollars 0.37 2023 billion U.S. dollars
 Growth of exports 18.42 2023 percent
 Imports, percent of GDP 29.04 2023 percent
 Imports, billion dollars 0.74 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.52 2023 percent
 Foreign Direct Investment, billion dollars 0.00 2002 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 1992 million dollars (current)
 Current account, percent of GDP -8.50 2023 percent
 Current account, in dollars -0.02 1994 billion U.S. dollars
 Trade balance, percent of GDP -14.60 2023 percent
 Trade balance, in dollars -0.07 1994 billion U.S. dollars
 Reserves 0.37 2022 billion U.S. dollars
 Remittances, percent of GDP 0.00 2023 percent
 Remittances 0.00 2023 million U.S. dollars
 Net errors and omissions -4.68 1994 million USD
 External debt 40.58 2022 percent
 Short-term external debt 7.24 2023 percent
 Short-term debt to reserves 27.34 2022 percent
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