Central African Republic: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Central African Republic

Fiscal balance, percent of GDP

 Latest value -3.70
 Year 2023
 Measure percent
 Data availability 1988 - 2023
 Average -2.46
 Min - Max -8.00 - 8.58
 Source African Development Bank
For that indicator, we provide data for the Central African Republic from 1988 to 2023. The average value for the Central African Republic during that period was -2.46 percent with a minimum of -8 percent in 1991 and a maximum of 8.58 percent in 2006. The latest value from 2023 is -3.7 percent. For comparison, the world average in 2023 based on 112 countries is -3.16 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 - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Central African Republic - Fiscal balance, percent of GDP - historical chart - 1988-2023




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 8.34 2022 percent
 Government spending, in dollars 0.21 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -3.70 2023 percent
 Government debt 47.61 2021 percent
 Tax revenue 8.21 2021 percent
 Commercial tax rate 73.30 2019 percent
 Tax preparation time 483 2019 hours
 Number of taxes 56 2019 taxes
 Taxes on goods and services 30.15 2021 percent
 Taxes on international trade 15.86 2021 percent
 Income and profits taxes 10.74 2021 percent
 Foreign aid 652.53 2021 million U.S. dollars
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