CENTRAL AFRICAN REPUBLIC

Country risk rating

D4

HIGH RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 2.3797bn (World ranking 177, World Bank 2018)
Population 4.67mn (World ranking 124, World Bank 2018)
Form of state Republic
Head of government Firmin Ngrébada (Prime Minister)
Next elections 2021, presidential and legislative
  • (Potentially) strong agriculture that accounts for 25% of GDP (cotton, coffee)
  • Important mining industry (diamond, gold, uranium)
  • Structural political instability combined with a poor security environment (80% of the country is controlled by armed groups)
  • Very high rate of extreme poverty (75% of the population lives below the poverty line)
  • Landlocked country composed of a dense equatorial forest, with poor infrastructure, which makes it difficult to attract foreign investors

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

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