Central African Republic: Exports, percent of GDP

* indicates monthly or quarterly data series
 Central African Republic

Exports of goods and services as percent of GDP

 Latest value 12.30
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 20.42
 Min - Max 9.84 - 34.31
 Source The World Bank
For that indicator, we provide data for the Central African Republic from 1960 to 2022. The average value for the Central African Republic during that period was 20.42 percent with a minimum of 9.84 percent in 2009 and a maximum of 34.31 percent in 1968. The latest value from 2022 is 12.3 percent. For comparison, the world average in 2022 based on 149 countries is 47.96 percent. 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 values chart
Central African Republic - Exports, percent of GDP - Recent values chart

Historical chart
Central African Republic - Exports, percent of GDP - historical chart - 1960-2022

The exports of the Central African Republic and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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 Related indicators Latest value Reference Measure
 Terms of trade 92.53 2021 percent
 Trade openness 45.23 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 12.30 2022 percent
 Exports, billion dollars 0.37 2023 billion U.S. dollars
 Growth of exports -6.54 2022 percent
 Imports, percent of GDP 32.93 2022 percent
 Imports, billion dollars 0.74 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.01 2022 percent
 Foreign Direct Investment, billion dollars 0.02 2022 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 -20.63 2022 percent
 Trade balance, in dollars -0.07 1994 billion U.S. dollars
 Reserves 0.48 2021 billion U.S. dollars
 Remittances, percent of GDP 0.01 1993 percent
 Remittances 0.16 1993 million U.S. dollars
 Net errors and omissions -4.68 1994 million USD
 External debt 40.58 2022 percent
 Short-term external debt 9.99 2022 percent
 Short-term debt to reserves 33.55 2021 percent
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