Country Report Central African Republic October 1998 Main report

Economic structure.

Economic structure Latest available figures Economic indicators 1993 1994 1995 1996 1997(a) GDP at market prices (CFAfr bn) 349 475 551 545 595 Real GDP growth (%) -2.6 7.3 6.0 -1.5 5.1 Consumer price inflation (av; %) -2.9 24.6 19.2 4.4(a) 0.6 Population (m) 3.16 3.22 3.28 3.36 3.43(b) Exports fob ($ m) 133 146 179 146(a) 173 Imports fob ($ m) 158 131 179 126(a) 130 Current-account balance ($ m) -13 -33 -81 -63(a) -44 Reserves excl gold ($ m) 112 210 234 232 179(b) Total external debt ($ m) 873 885 942 928 950© External debt-service ratio, paid (%) 5.0 12.6 6.4 6.3 6.6© Diamond production ('000 carats) 495 532 484 487 540© Seed cotton production(d) ('000 tonnes) 15.9 27.5 32.0 42.0 n/a Timber production ('000 cu metres) 311 231 240 288 n/a Exchange rate (av; CFAfr:$) 283.2 555.2 499.2 511.6 583.4(b) September 16th 1998 CFAfr565.65:$1 Origins of gross domestic product 1996 % of total Agriculture 56.7 Industry 16.0 Services 27.3 GDP at factor cost 100.0 Components of gross domestic product 1996 % of total Private consumption 89.8 Government consumption 8.0 Gross domestic investment 3.9 Exports of goods & services 20.2 Imports of goods & services -21.9 GDP at market prices 100.0 Principal exports 1996 $ m Principal imports 1995 $ m Diamonds 64 Capital goods 31 Coffee 56 Fuel & energy 16 Timber 15 Cotton 11 Main destinations of exports % of Main origins of imports % of 1996(e) total 1996(e) total Belgium-Luxembourg 40.6 France 31.0 Cote d'Ivoire 5.3 Cote d'Ivoire 16.1 Spain 2.9 Cameroon 8.6 Taiwan 2.9 Japan 3.4 (a) Official estimates. (b) Actual. © EIU estimate. (d) Crop years ending November 30th. (e) Drawn from partners' trade returns, subject to a wide margin of error.

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