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Central African Republic flag Central African Republic Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Central African Republic, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Average time to clear exports through customs (days)
1.9
2023 · Average number of days to clear direct exports through customs.
Time to obtain an electrical connection (days)
15.4
2023 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Firms visited or required meetings with tax officials (% of firms)
72.8
2023 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Domestic credit to private sector by banks (% of GDP)
12.8
2022 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.
New business density (new registrations per 1,000 people ages 15-64)
0.1
2020 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
24.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Trade in services (% of GDP)
17.2670639327014
1994 · World Bank
Insurance and financial services (% of service imports, BoP)
7.9113924050633
1994 · World Bank
Insurance and financial services (% of service exports, BoP)
6.76702508960574
1993 · World Bank
Domestic credit to private sector by banks (% of GDP)
12.7656011869456
2022 · World Bank
Domestic credit to private sector (% of GDP)
13.0385826544527
2022 · World Bank
New business density (new registrations per 1,000 people ages 15-64)
0.127145002613114
2020 · World Bank
New businesses registered (number)
335
2020 · World Bank
Average time to clear exports through customs (days)
1.941363573
2023 · World Bank
Average time to clear imports through customs (days)
7.243788719
2023 · World Bank
Time to obtain an electrical connection (days)
15.41359711
2023 · World Bank
Firms experiencing electrical outages (% of firms)
89.27954865
2023 · World Bank
Firms using banks to finance working capital (% of firms)
43.51068115
2023 · World Bank
Firms using banks to finance investment (% of firms)
56.52093506
2023 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
22.6377449
2023 · World Bank
Firms competing against unregistered firms (% of firms)
69.28369141
2023 · World Bank
Informal payments to public officials (% of firms)
34.93122482
2023 · World Bank
Time required to obtain an operating license (days)
2.094035149
2023 · World Bank
Firms with female top manager (% of firms)
10.21637344
2023 · World Bank
Firms with female participation in ownership (% of firms)
57.47045517
2023 · World Bank
Firms formally registered when operations started (% of firms)
45.77379227
2023 · World Bank
Sources: World Bank

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