Central African Republic's broad money (% of GDP) was 32.9% in 2022, the latest year in the World Bank's World Development Indicators. That is up 17.11 percentage points from 15.78% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 32.9% | 2022 |
| Five years earlier | 24.99% | 2017 |
| Ten years earlier | 15.78% | 2012 |
| Highest | 34.19% | 2021 |
| Lowest | 12.39% | 1964 |
| Average since 2013 | 28.23% | 2013–2022 |
| First recorded | 13.03% | 1963 |
What the numbers say
In 2022, Central African Republic's broad money (% of GDP) fell 1.29 percentage points on 2021 (from 34.19% to 32.9%).
Across the 30 yearly changes before that (1992 to 2021), the average change was +0.63 percentage points and a typical year strayed about 2.79 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 9.79 percentage points in 2013 and the biggest yearly fall was 6.36 percentage points in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 0.98 percentage points a year. A straight line explains 77% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 38% for 2025. We show this only because the same method, fitted on earlier years, predicted 2020 to 2022 better than "no change" would have: its average miss was 0.92%, against 4.02% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Central African Republic | 32.9% | 2022 |
| World | 135.66% | 2024 |
| Sub-Saharan Africa | 42.61% | 2025 |
| Low income | 22.55% | 2015 |
Closest to Central African Republic in the 2022 ranking
- Peru — 4th of 8: 61.58%
- Kyrgyz Republic — 5th of 8: 43.47%
- Nicaragua — 6th of 8: 39.3%
- Eswatini — 8th of 8: 28.37%
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 60 values
| Year | Broad money (% of GDP) |
|---|---|
| 2022 | 32.9 |
| 2021 | 34.19 |
| 2020 | 31.09 |
| 2019 | 28.7 |
| 2018 | 27.8 |
| 2017 | 24.99 |
| 2016 | 25.21 |
| 2015 | 25.71 |
| 2014 | 26.17 |
| 2013 | 25.57 |
| 2012 |
Broad money (% of GDP) in nearby economies
- Angola — 13.79% (2025)
- Benin — 29.58% (2025)
- Botswana — 44.1% (2024)
- Burkina Faso — 43.31% (2025)
- Burundi — 44.6% (2025)
- Cabo Verde — 94.18% (2025)
- Cameroon — 21.4% (2018)
- Chad — 15.98% (2021)
- Comoros — 36.1% (2025)
- Congo, Dem. Rep. — 17.64% (2025)
- Congo, Rep. — 28.4% (2023)
- Côte d'Ivoire
More financial sector data for Central African Republic
- GDP deflator (base year varies by country) — 213.73 (2025)
- DEC alternative conversion factor (LCU per US$) — US$581.93 (2025)
- Official exchange rate (LCU per US$, period average) — US$581.93 (2025)
- Inflation, GDP deflator (annual % growth) — 2.34% (2025)
- Domestic credit to private sector by banks (% of GDP) — 12.77% (2022)
- Net foreign assets (current LCU) — 15.18 billion (2022)
- Monetary sector credit to private sector (% of GDP) — 13.04% (2022)
- Claims on central government, etc. (% of GDP) — 25.54% (2022)
Reading data like this
Questions people ask
- What is Central African Republic's broad money (% of GDP)?
- 32.9% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1963?
- It is up 19.87 percentage points from 13.03% in 1963. The highest value was 34.19% in 2021 and the lowest 12.39% in 1964.
- Is the latest change in broad money (% of GDP) unusual for Central African Republic?
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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