GDP in the Central African Republic stabilized at 0.7 percent in 2021, compared to pre-COVID-19 projections of 3.3 percent growth. The security situation and supply chain disruptions have pushed inflation to 4.4 percent in 2021 from 2.3 percent in 2020. In November 2021, the Bank of Central African States (BEAC) raised its tender interest rate from 3.25 percent to 3.5 percent and its marginal lending facility rate from 5 percent to 5.25 percent to replenish the region's foreign reserves. The current account deficit increased to 10.5 percent of GDP in 2021 from 8.7 percent in 2020. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
As a member state of the Economic and Monetary Community of Central Africa (CEMAC), the Central African Republic is a member of the Central African Stock Exchange (BVMAC), a stock exchange common to all six (6) countries of the union. At the end of December 2022, BVMAC had six listed companies with a market capitalization of $0.1 billion. Foreign direct investment flows to the Central African Republic increased during the 2017-2020 period, then contracted in 2021, amounting to $30.2 million, a decline of 13%.
