rise of GDP of 7% in 1994 and nearly 5% in 1995. Inflation, however,
remains a problem. Moreover, ongoing violence between the government
and rebel military and civilian groups over pay issues, living
conditions, and opposition party political representation has
destroyed many businesses in the capital, reducing tax revenues for
the government, and delaying negotiations for an IMF financial aid
agreement.
GDP: purchasing power parity - $2.5 billion (1995 est.)
GDP - real growth rate: 4.8% (1995 est.)
GDP - per capita: purchasing power parity - $800 (1995 est.)
GDP - composition by sector:
agriculture: 50%
industry: 14%
services: 36% (1994 est.)
Inflation rate - consumer price index: 19.4% (1995)
Labor force: NA
Unemployment rate: NA%
Budget:
revenues: $638 million
expenditures: $1.9 billion, including capital expenditures of $888
million (1994 est.)
Industries: diamond mining, sawmills, breweries, textiles, footwear,
assembly of bicycles and motorcycles
Industrial production growth rate: NA%
Electricity - capacity: 40,000 kW (1991)
Electricity - production: 95 million kWh (1991)
Electricity - consumption per capita: 32 kWh (1991 est.)
Agriculture - products: cotton, coffee, tobacco, manioc (tapioca),
yams, millet, corn, bananas; timber
Exports:
total value: $181 million (f.o.b., 1995 est.)
commodities : diamonds, timber, cotton, coffee, tobacco
partners: France 16%, Belgium-Luxembourg 40.1%, Italy, Japan, US,
Spain, Iran, Democratic Republic of the Congo, Republic of the Congo
Imports:
total value: $176 million (f.o.b., 1995 est.)
commodities: food, textiles, petroleum products, machinery, electrical
equipment, motor vehicles, chemicals, pharmaceuticals, consumer goods,
industrial products
partners: France 37%, other EU countries, Japan 24%, Algeria,
Cameroon, Namibia
Debt - external: $890 million (1994 est.)
Economic aid:
recipient : ODA, $NA
Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100
centimes
Exchange rates: CFA francs (CFAF) per US$1 - 541.69 (January 1997),
511.55 (1996), 499.15 (1995), 555.20 (1994), 283.16 (1993), 264.69
(1992)
note: beginning 12 January 1994, the CFA franc was devalued to CFAF
100 per French franc from CFAF 50 at which it had been fixed since
1948
Fiscal year: calendar year
@Central African Republic:Communications
Telephones: 16,867 (1992 est.)
Telephone system: fair system
domestic: network consists principa
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