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90-525: Summits in the Bongos include: The lithology is dominated by rugged sandstone. During November, December, and January, fires of several kilometres size advance down from the Chadian border. This Central African Republic location article is a stub . You can help Misplaced Pages by expanding it . Central African Republic The Central African Republic ( CAR ), formerly known as Ubangi-Shari ,

180-422: A wet season that lasts from June to September in the northern regions of the country, and from May to October in the south. During the wet season, rainstorms are an almost daily occurrence, and early morning fog is commonplace. Maximum annual precipitation is approximately 1,800 millimetres (71 in) in the upper Ubangi region. The northern areas are hot and humid from February to May, but can be subject to

270-571: A 2018 Forest Landscape Integrity Index mean score of 9.28/10, ranking it seventh globally out of 172 countries. In 2008, Central African Republic was the world's least light pollution affected country. The Central African Republic is the focal point of the Bangui Magnetic Anomaly , one of the largest magnetic anomalies on Earth. The climate of the Central African Republic is generally tropical , with

360-739: A U.N. peacekeeping force (MINURCA) . Since 1997, the country has hosted almost a dozen peacekeeping interventions, earning it the title of "world champion of peacekeeping". In 1998, parliamentary elections resulted in Kolingba's RDC winning 20 out of 109 seats. The next year, however, in spite of widespread public anger in urban centers over his corrupt rule, Patassé won a second term in the presidential election. On 28 May 2001, rebels stormed strategic buildings in Bangui in an unsuccessful coup attempt . The army chief of staff, Abel Abrou, and General François N'Djadder Bedaya were killed, but Patassé regained

450-509: A base year. The result would be that the GDP in 2000 equals $ 300 million × 1 ⁄ 2 = $ 150 million , in 1990 monetary terms. We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from the raw GDP data. The GDP adjusted for changes in money value in this way is called the real GDP . The factor used to convert GDP from current to constant values in this way

540-478: A company owned by one of his wives. The government violently suppressed the protests, killing 100 children and teenagers. Bokassa might have been personally involved in some of the killings. In September 1979, France overthrew Bokassa and restored Dacko to power (subsequently restoring the official name of the country and the original government to the Central African Republic). Dacko, in turn,

630-518: A country becomes increasingly in debt, and spends large amounts of income servicing this debt this will be reflected in a decreased GNI but not a decreased GDP. Similarly, if a country sells off its resources to entities outside their country this will also be reflected over time in decreased GNI, but not decreased GDP. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. Gross national income (GNI) equals GDP plus income receipts from

720-521: A country's borders, but by an enterprise owned by somebody outside the country, counts as part of its GDP but not its GNI; on the other hand, production by an enterprise located outside the country, but owned by one of its citizens, counts as part of its GNI but not its GDP. For example, the GNI of the US is the value of output produced by American-owned firms, regardless of where the firms are located. Similarly, if

810-650: A country's citizens at home and abroad rather than its "resident institutional units" (see OECD definition above). The switch from GNP to GDP in the United States occurred in 1991. The role that measurements of GDP played in World War II was crucial to the subsequent political acceptance of GDP values as indicators of national development and progress. A crucial role was played here by the U.S. Department of Commerce under Milton Gilbert where ideas from Kuznets were embedded into institutions . The history of

900-406: A country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change . The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate . GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person . This measures the average production of a person in

990-431: A land area of about 620,000 square kilometres (240,000 sq mi). As of 2024, it has a population of 5,357,744, and is in the scene of a civil war , which has been ongoing since 2012. As a former French colony , French is the official language, with Sango, a Ngbandi based-creole language as the national and co- official language . The Central African Republic mainly consists of Sudano-Guinean savannas , but

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1080-605: A new constitution, and announced that he would step down and run for office once the new constitution was approved. In 2004, the Central African Republic Bush War began as forces opposed to Bozizé took up arms against his government. In May 2005, Bozizé won the presidential election, which excluded Patassé, and in 2006 fighting continued between the government and the rebels. In November 2006, Bozizé's government requested French military support to help them repel rebels who had taken control of towns in

1170-636: A plane crash on 29 March 1959, his cousin, David Dacko , took control of MESAN. Dacko became the country's first president when the Central African Republic formally received independence from France at midnight on 13 August 1960, a date celebrated by the country's Independence Day holiday. Dacko threw out his political rivals, including Abel Goumba , former Prime Minister and leader of Mouvement d'évolution démocratique de l'Afrique centrale (MEDAC), whom he forced into exile in France. With all opposition parties suppressed by November 1962, Dacko declared MESAN as

1260-523: A power-sharing government. The deal later broke down, and the rebels seized the capital in March 2013 and Bozizé fled the country. Michel Djotodia took over as president. Prime Minister Nicolas Tiangaye requested a UN peacekeeping force from the UN Security Council and on 31 May former President Bozizé was indicted for crimes against humanity and incitement to genocide. By the end of

1350-741: A second round of elections were finally held in 1993, again with the help of the international community coordinated by GIBAFOR, Ange-Félix Patassé won in the second round of voting with 53% of the vote while Goumba won 45.6%. Patassé's party, the Mouvement pour la Libération du Peuple Centrafricain (MLPC) or Movement for the Liberation of the Central African People, gained a plurality (relative majority) but not an absolute majority of seats in parliament, which meant Patassé's party required coalition partners. Patassé purged many of

1440-444: A surprise attack against Patassé, who was out of the country. Libyan troops and some 1,000 soldiers of Bemba's Congolese rebel organization failed to stop the rebels and Bozizé's forces succeeded in overthrowing Patassé. François Bozizé suspended the constitution and named a new cabinet, which included most opposition parties. Abel Goumba was named vice-president. Bozizé established a broad-based National Transition Council to draft

1530-467: Is US$ 5,040,107.75 (in a million). Predictably, as a developed country, Japan has a higher GNI (by 182,779.46, in millions of USD), which is indicative that the production level in the country is higher than that of national production. On the other hand, the case with Armenia is the opposite, with GDP being lower than GNI by US$ 196.12 (in million). This demonstrates that countries receive investments and foreign aid from abroad. The Total income divided by

1620-724: Is a landlocked country in Central Africa . It is bordered by Chad to the north , Sudan to the northeast , South Sudan to the east , the Democratic Republic of the Congo to the south , the Republic of the Congo to the southwest , and Cameroon to the west . Bangui is the country's capital and largest city, bordering the Democratic Republic of the Congo. The Central African Republic covers

1710-540: Is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund . The ratio of GDP to

1800-730: Is a member of the United Nations , the African Union , the Economic Community of Central African States , the Organisation internationale de la Francophonie and the Non-Aligned Movement . The name of the Central African Republic is derived from the country's geographical location in the central region of Africa and its republican form of government. From 1976 to 1979, the country was known as

1890-425: Is also sometimes expressed as: The third way to estimate GDP is to calculate the sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices. Market goods that are produced are purchased by someone. In the case where a good is produced and unsold, the standard accounting convention is that the producer has bought the good from themselves. Therefore, measuring

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1980-476: Is argued that the focus of the initial disarmament efforts exclusively on the Seleka inadvertently handed the anti-Balaka the upper hand, leading to the forced displacement of Muslim civilians by anti-Balaka in Bangui and western Central African Republic. On 11 January 2014, Michael Djotodia and Nicolas Tiengaye resigned as part of a deal negotiated at a regional summit in neighboring Chad . Catherine Samba-Panza

2070-838: Is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. By definition, GDI is equal to GDP. In practice, however, measurement errors will make the two figures slightly off when reported by national statistical agencies. This method measures GDP by adding incomes that firms pay households for factors of production they hire – wages for labour, interest for capital, rent for land and profits for entrepreneurship. The US "National Income and Product Accounts" divide incomes into five categories: These five income components sum to net domestic income at factor cost. Two adjustments must be made to get GDP: Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by

2160-474: Is called the GDP deflator . Unlike consumer price index , which measures inflation or deflation in the price of household consumer goods, the GDP deflator measures changes in the prices of all domestically produced goods and services in an economy including investment goods and government services, as well as household consumption goods. Real GDP can be used to calculate the GDP growth rate, which indicates how much

2250-423: Is contributed at each stage of production. This approach mirrors the OECD (Organisation for Economic Co-operation and Development) definition given above. Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities

2340-404: Is known as "GDP at factor cost". GDP at factor cost plus indirect taxes less subsidies on products = "GDP at producer price". For measuring the output of domestic product, economic activities (i.e. industries) are classified into various sectors. After classifying economic activities, the output of each sector is calculated by any of the following two methods: The value of output of all sectors

2430-587: Is that GDP defines its scope according to location, while GNI defines its scope according to ownership. In a global context, world GDP and world GNI are, therefore, equivalent terms. GDP is a product produced within a country's borders; GNI is product produced by enterprises owned by a country's citizens. The two would be the same if all of the productive enterprises in a country were owned by its own citizens and those citizens did not own productive enterprises in any other countries. In practice, however, foreign ownership makes GDP and GNI non-identical. Production within

2520-453: Is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices". The second way of estimating GDP is to use "the sum of primary incomes distributed by resident producer units". If GDP

2610-463: Is today the Central and East Central African Republic while some Bantu people migrated from the southwest of Cameroon . Bananas arrived in the region during the first millennium BCE and added an important source of carbohydrates to the diet; they were also used in the production of alcoholic beverages . Production of copper , salt , dried fish , and textiles dominated the economic trade in

2700-599: The Central African Empire . During the colonial era, the country's name was Ubangi-Shari ( French : Oubangui-Chari ), a name derived from two major rivers and Central African waterways – Ubangi and Chari . Barthélemy Boganda , the country's first prime minister , favored the name "Central African Republic" over Ubangi-Shari, reportedly because he envisioned a larger union of countries in Central Africa . Approximately 10,000 years ago, desertification forced hunter-gatherer societies south into

2790-709: The Congo-Ocean Railway . Through the period of construction until 1934 there was a continual heavy cost in human lives, with total deaths among all workers along the railway estimated in excess of 17,000 of the construction workers, from a combination of both industrial accidents and diseases including malaria . In 1928, a major insurrection, the Kongo-Wara rebellion or 'war of the hoe handle', broke out in Western Ubangi-Shari and continued for several years. The extent of this insurrection, which

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2880-674: The Free French Forces in Bangui . In 1946 Barthélemy Boganda was elected with 9,000 votes to the French National Assembly , becoming the first representative of the Central African Republic in the French government. Boganda maintained a political stance against racism and the colonial regime but gradually became disheartened with the French political system and returned to the Central African Republic to establish

2970-493: The Human Development Index (HDI), the country had the third-lowest level of human development, ranking 191 out of 193 countries. The country had the second lowest inequality-adjusted Human Development Index (IHDI), ranking 164th out of 165 countries. The Central African Republic is also estimated to be the unhealthiest country as well as the worst country in which to be young. The Central African Republic

3060-542: The Human Development Index or Better Life Index , as better approaches to measuring the effect of the economy on human development and well being . William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695. The modern concept of GDP

3150-672: The Movement for the Social Evolution of Black Africa ( Mouvement pour l'évolution sociale de l'Afrique noire , MESAN) in 1950. In the Ubangi-Shari Territorial Assembly election in 1957, MESAN captured 347,000 out of the total 356,000 votes and won every legislative seat, which led to Boganda being elected president of the Grand Council of French Equatorial Africa and vice-president of

3240-590: The Peace Corps evacuated all its volunteers to neighboring Cameroon. To date, the Peace Corps has not returned to the Central African Republic. The Bangui Agreements , signed in January 1997, provided for the deployment of an inter-African military mission, to the Central African Republic and re-entry of ex-mutineers into the government on 7 April 1997. The inter-African military mission was later replaced by

3330-739: The fall of the Berlin Wall , a pro-democracy movement arose. Pressure from the United States, France, and from a group of locally represented countries and agencies called GIBAFOR (France, the US, Germany, Japan, the EU, the World Bank , and the United Nations ) finally led Kolingba to agree, in principle, to hold free elections in October 1992 with help from the UN Office of Electoral Affairs. After using

3420-803: The 18th century Bandia-Nzakara Azande peoples established the Bangassou Kingdom along the Ubangi River . In the mid 19th century, the Bobangi people became major slave traders and sold their captives to the Americas using the Ubangi river to reach the coast. In 1875, the Sudanese sultan Rabih az-Zubayr governed Upper-Oubangui, which included present-day Central African Republic. The European invasion of Central African territory began in

3510-579: The Central African Republic is the world's 44th-largest country . Much of the southern border is formed by tributaries of the Congo River ; the Mbomou River in the east merges with the Uele River to form the Ubangi River , which also comprises portions of the southern border. The Sangha River flows through some of the western regions of the country, while the eastern border lies along

3600-683: The Central African Republic...a 'vassal state' of the Kremlin." The Central African Republic is a landlocked nation within the interior of the African continent. It is bordered by Cameroon, Chad, Sudan, South Sudan, the Democratic Republic of the Congo, and the Republic of the Congo. The country lies between latitudes 2° and 11°N , and longitudes 14° and 28°E . Much of the country consists of flat or rolling plateau savanna approximately 500 metres (1,640 ft) above sea level . In addition to

3690-761: The Central African region. In the 16th and 17th centuries, slave traders began to raid the region as part of the expansion of the Saharan and Nile River slave routes. Their captives were enslaved and shipped to the Mediterranean coast, Europe, Arabia, the Western Hemisphere, or to the slave ports and factories along the West and North Africa or South along the Ubangui and Congo rivers. During

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3780-688: The Fertit Hills in the northeast of the Central African Republic, there are scattered hills in the southwest regions. In the northwest is the Yade Massif, a granite plateau with an altitude of 348 metres (1,143 ft). The Central African Republic contains six terrestrial ecoregions: Northeastern Congolian lowland forests , Northwestern Congolian lowland forests , Western Congolian swamp forests , East Sudanian savanna , Northern Congolian forest-savanna mosaic , and Sahelian Acacia savanna . At 622,984 square kilometres (240,535 sq mi),

3870-561: The Kolingba elements from the government and Kolingba supporters accused Patassé's government of conducting a " witch hunt " against the Yakoma. A new constitution was approved on 28 December 1994 but had little impact on the country's politics. In 1996–1997, reflecting steadily decreasing public confidence in the government's erratic behavior, three mutinies against Patassé's administration were accompanied by widespread destruction of property and heightened ethnic tension. During this time (1996),

3960-584: The Sahel regions of northern Central Africa, where some groups settled. Farming began as part of the Neolithic Revolution . Initial farming of white yam progressed into millet and sorghum , and before 3000   BCE the domestication of African oil palm improved the groups' nutrition and allowed for expansion of the local populations. This agricultural revolution, combined with a "Fish-stew Revolution", in which fishing began to take place and

4050-534: The U.S. ambassador to the United Nations, said 417 of the country's 436 mosques had been destroyed, and Muslim women were so scared of going out in public they were giving birth in their homes instead of going to the hospital. On 14 December 2015, Séléka rebel leaders declared an independent Republic of Logone . Presidential elections were held in December 2015. As no candidate received more than 50% of

4140-695: The Ubangi-Shari Government Council. Within a year, he declared the establishment of the Central African Republic and served as the country's first prime minister. MESAN continued to exist, but its role was limited. The Central African Republic was granted autonomy within the French Community on 1 December 1958, a status which meant it was still counted as part of the French Empire in Africa. After Boganda's death in

4230-427: The accounting year. ) So for example if a car manufacturer buys auto parts , assembles the car and sells it, only the final car sold is counted towards the GDP. Meanwhile, if a person buys replacement auto parts to install them on their car, those are counted towards the GDP. According to the U.S. Bureau of Economic Analysis, which is responsible for calculating the national accounts in the United States, "In general,

4320-540: The concept of GDP should be distinguished from the history of changes in many ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the public sector , by financial industries, and by intangible asset creation is more complex. These activities are increasingly important in developed economies, and the international conventions governing their estimation and their inclusion or exclusion in GDP regularly change in an attempt to keep up with industrial advances. In

4410-548: The country also includes a Sahelo - Sudanian zone in the north and an equatorial forest zone in the south. Two-thirds of the country is within the Ubangi River basin (which flows into the Congo ), while the remaining third lies in the basin of the Chari , which flows into Lake Chad . What is today the Central African Republic has been inhabited since at least 8,000 BCE. The country's borders were established by France, which ruled

4500-408: The country as a colony starting in the late 19th century. After gaining independence from France in 1960, the Central African Republic was ruled by a series of autocratic leaders, including an abortive attempt at a monarchy under the regime of Jean-Bedel Bokassa . By the 1990s, calls for democracy led to the first multi-party democratic elections in 1993. Ange-Félix Patassé became president, but

4590-604: The country's northern regions. Though the initial public details of the agreement pertained to logistics and intelligence, by December the French assistance included airstrikes by Dassault Mirage 2000 fighters against rebel positions. The Syrte Agreement in February and the Birao Peace Agreement in April 2007 called for a cessation of hostilities, the billeting of FDPC fighters and their integration with FACA,

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4680-401: The country. GDP per capita is often used as an indicator of living standards. The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently. It is measured frequently in that most countries provide information on GDP every quarter, allowing trends to be seen quickly. It is measured widely in that some measure of GDP

4770-486: The country. Some 800 of the country's polling stations, or 14% of the total, were closed due to violence. Three Burundian peacekeepers were killed and an additional two were wounded during the run-up to the election. President Faustin-Archange Touadéra was reelected in the first round of the election in December 2020. Russian mercenaries from the Wagner Group have supported President Faustin-Archange Touadéra in

4860-595: The country. On 18 February 2014, United Nations Secretary-General Ban Ki-moon called on the UN Security Council to immediately deploy 3,000 troops to the country, bolstering the 6,000 African Union soldiers and 2,000 French troops already in the country, to combat civilians being murdered in large numbers. The Séléka government was said to be divided, and in September 2013, Djotodia officially disbanded Seleka, but many rebels refused to disarm, becoming known as ex-Seleka, and veered further out of government control. It

4950-471: The edge of the Nile River watershed . It has been estimated that up to 8% of the country is covered by forest, with the densest parts generally located in the southern regions. The forests are highly diverse and include commercially important species of Ayous , Sapelli , and Sipo . The deforestation rate is about 0.4% per annum, and lumber poaching is commonplace. The Central African Republic had

5040-407: The excuse of alleged irregularities to suspend the results of the elections as a pretext for holding on to power, President Kolingba came under intense pressure from GIBAFOR to establish a "Conseil National Politique Provisoire de la République" (Provisional National Political Council, CNPPR) and to set up a "Mixed Electoral Commission", which included representatives from all political parties. When

5130-529: The fears of widespread violence were ultimately unfounded, and the African Union regarded the elections as successful. Touadéra was sworn in on 30 March 2016. No representatives of the Seleka rebel group or the "anti-balaka" militias were included in the subsequently formed government. After the end of Touadéra's first term, presidential elections were held on 27 December 2020 with a possible second round planned for 14 February 2021. Former president François Bozizé announced his candidacy on 25 July 2020 but

5220-477: The fight against rebels. Russia's Wagner group has been accused of harassing and intimidating civilians. In December 2022, Roger Cohen wrote in The New York Times , " Wagner shock troops form a Praetorian Guard for Mr. Touadéra, who is also protected by Rwandan forces, in return for an untaxed license to exploit and export the Central African Republic's resources" and "one Western ambassador called

5310-546: The hot, dry, and dusty trade wind known as the Harmattan . The southern regions have a more equatorial climate, but they are subject to desertification , while the extreme northeast regions of the country are a steppe . In the southwest, the Dzanga-Sangha National Park is located in a rain forest area. The country is noted for its population of forest elephants and western lowland gorillas . In

5400-553: The income approach. A common one is: The sum of COE , GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those used in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices. Total factor income

5490-443: The information required (especially information on expenditure and production by governments). The raw GDP figure as given by the equations above is called the nominal, historical, or current GDP. When one compares GDP figures from one year to another, it is desirable to compensate for changes in the value of money—for the effects of inflation or deflation. To make it more meaningful for year-to-year comparisons, it may be multiplied by

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5580-684: The international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress . It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work . Alternative economic indicators such as doughnut economics use other measures, such as

5670-666: The late 19th century during the Scramble for Africa . Europeans, primarily the French, Germans , and Belgians , arrived in the area in 1885. France seized and colonized Ubangi-Shari territory in 1894. In 1911 at the Treaty of Fez , France ceded a nearly 300,000 km portion of the Sangha and Lobaye basins to the German Empire which ceded a smaller area (in present-day Chad ) to France. After World War I France again annexed

5760-406: The liberation of political prisoners, the integration of FDPC into government, an amnesty for the UFDR , its recognition as a political party, and the integration of its fighters into the national army. Several groups continued to fight but other groups signed on to the agreement or similar agreements with the government (e.g., UFR on 15 December 2008). The only major group not to sign an agreement at

5850-444: The north, the Manovo-Gounda St Floris National Park is well-populated with wildlife, including leopards , lions , cheetahs and rhinos , and the Bamingui-Bangoran National Park is located in the northeast of the Central African Republic. The parks have been seriously affected by the activities of poachers, particularly those from Sudan , over the past two decades. Gross domestic product Gross domestic product ( GDP )

5940-592: The official party of the state. On 31 December 1965, Dacko was overthrown in the Saint-Sylvestre coup d'état by Colonel Jean-Bédel Bokassa , who suspended the constitution and dissolved the National Assembly. President Bokassa declared himself President for Life in 1972 and named himself Emperor Bokassa I of the Central African Empire (as the country was renamed) on 4 December 1976. A year later, Emperor Bokassa crowned himself in an expensive ceremony. In April 1979, young students protested against Bokassa's decree that all school pupils were required to buy uniforms from

6030-415: The population is the Per capita income . The international standard for measuring GDP is contained in the book System of National Accounts (2008), which was prepared by representatives of the International Monetary Fund , European Union , Organisation for Economic Co-operation and Development , United Nations and World Bank . The publication is normally referred to as SNA2008 to distinguish it from

6120-442: The press and freedom of movement. Despite its significant mineral deposits and other resources, such as uranium reserves, crude oil , gold , diamonds , cobalt , lumber , and hydropower , as well as significant quantities of arable land , the Central African Republic is among the ten poorest countries in the world, with the lowest GDP per capita at purchasing power parity in the world as of 2017. As of 2022 , according to

6210-430: The previous edition published in 1993 (SNA93) or 1968 (called SNA68) SNA2008 provides a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions. Within each country GDP is normally measured by a national government statistical agency, as private sector organizations normally do not have access to

6300-440: The products must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers", colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Also known as the Value Added Approach, it calculates how much value

6390-445: The ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $ 100 million and its GDP in 2000 was $ 300 million . Suppose also that inflation had halved the value of its currency over that period. To meaningfully compare its GDP in 2000 to its GDP in 1990, we could multiply the GDP in 2000 by one-half, to make it relative to 1990 as

6480-587: The rest of the world minus income payments to the rest of the world. In 1991, the United States switched from using GNP to using GDP as its primary measure of production. The relationship between United States GDP and GNP is shown in table 1.7.5 of the National Income and Product Accounts . Another example that amplifies the difference between GDP and GNI is the comparison of developed and developing country indicators. The GDP of Japan for 2020

6570-408: The same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy. The most direct of the three is the production approach, which sums up the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of

6660-401: The source data for the expenditures components are considered more reliable than those for the income components [see income method, above]." Encyclopedia Britannica records an alternate way of measuring exports minus imports: notating it as the single variable NX. GDP can be contrasted with gross national product (GNP) or, as it is now known, gross national income (GNI). The difference

6750-474: The territory. Modeled on King Leopold 's Congo Free State , concessions were doled out to private companies that endeavored to strip the region's assets as quickly and cheaply as possible before depositing a percentage of their profits into the French treasury. The concessionary companies forced local people to harvest rubber, coffee, and other commodities without pay and held their families hostage until they met their quotas. In 1920, French Equatorial Africa

6840-486: The time was the CPJP , which continued its activities and signed a peace agreement with the government on 25 August 2012. In 2011, Bozizé was reelected in an election which was widely considered fraudulent. In November 2012, Séléka , a coalition of rebel groups, took over towns in the northern and central regions of the country. These groups eventually reached a peace deal with Bozizé's government in January 2013, involving

6930-536: The total expenditure used to buy things is a way of measuring production. This is known as the expenditure method of calculating GDP. GDP (Y) is the sum of consumption (C) , investment (I) , government expenditures (G) and net exports (X − M) . Here is a description of each GDP component: C , I , and G are expenditures on final goods and services; expenditures on intermediate goods and services do not count. (Intermediate goods and services are those used by businesses to produce other goods and services within

7020-439: The total population of the region is the GDP per capita and can approximate a concept of a standard of living . Nominal GDP does not reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on

7110-579: The upper hand by bringing in at least 300 troops of the Congolese rebel leader Jean-Pierre Bemba and Libyan soldiers. In the aftermath of the failed coup , militias loyal to Patassé sought revenge against rebels in many neighborhoods of Bangui and incited unrest including the murder of many political opponents. Eventually, Patassé came to suspect that General François Bozizé was involved in another coup attempt against him, which led Bozizé to flee with loyal troops to Chad. In March 2003, Bozizé launched

7200-410: The use of boats, allowed for the transportation of goods. Products were often moved in ceramic pots. The Bouar Megaliths in the western region of the country indicate an advanced level of habitation dating back to the very late Neolithic Era ( c.  3500–2700 BCE ). Ironwork developed in the region around 1000   BCE. The Ubangian people settled along the Ubangi River in what

7290-457: The vote, a second round of elections was held on 14 February 2016 with run-offs on 31 March 2016. In the second round of voting, former Prime Minister Faustin-Archange Touadéra was declared the winner with 63% of the vote, defeating Union for Central African Renewal candidate Anicet-Georges Dologuélé , another former Prime Minister. While the elections suffered from many potential voters being absent as they had taken refuge in other countries,

7380-473: The words of one academic economist, "The actual number for GDP is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual framework." China officially adopted GDP in 1993 as its indicator of economic performance. Previously, China had relied on a Marxist-inspired national accounting system. GDP can be determined in three ways, all of which should, theoretically, give

7470-438: The year, there were international warnings of a "genocide" and fighting was largely reprisal attacks on civilians by Seleka's predominantly Muslim fighters and Christian militias called " anti-balaka ". By August 2013, there were reports of over 200,000 internally displaced persons (IDPs). French President François Hollande called on the UN Security Council and the African Union to increase their efforts to stabilize

7560-655: Was again overthrown in a coup by General André Kolingba on 1 September 1981. Kolingba suspended the constitution and ruled with a military junta until 1985. He introduced a new constitution in 1986 which was adopted by a nationwide referendum. Membership in his new party, the Rassemblement Démocratique Centrafricain (RDC), was voluntary. In 1987 and 1988, semi-free elections to parliament were held, but Kolingba's two major political opponents, Abel Goumba and Ange-Félix Patassé , were not allowed to participate. By 1990, inspired by

7650-573: Was elected interim president by the National Transitional Council, becoming the first ever female Central African president. On 23 July 2014, following Congolese mediation efforts, Séléka and anti-balaka representatives signed a ceasefire agreement in Brazzaville . By the end of 2014, the country was de facto partitioned with the anti-Balaka in the southwest and ex-Seleka in the northeast. In March 2015, Samantha Power ,

7740-414: Was established and Ubangi-Shari was administered from Brazzaville . During the 1920s and 1930s the French introduced a policy of mandatory cotton cultivation, a network of roads were built, attempts were made to combat sleeping sickness , and Protestant missions were established to spread Christianity. New forms of forced labour were also introduced and a large number of Ubangians were sent to work on

7830-493: Was first developed by Simon Kuznets for a 1934 U.S. Congress report, where he warned against its use as a measure of welfare (see below under limitations and criticisms ). After the Bretton Woods Conference in 1944, GDP became the main tool for measuring a country's economy. At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by

7920-438: Was later removed by General François Bozizé in a 2003 coup . The Central African Republic Bush War began in 2004 and, despite a peace treaty in 2007 and another in 2011, civil war resumed in 2012. The civil war perpetuated the country's poor human rights record : it was characterized by widespread and increasing abuses by various participating armed groups, such as arbitrary imprisonment, torture, and restrictions on freedom of

8010-625: Was perhaps the largest anti-colonial rebellion in Africa during the interwar years, was carefully hidden from the French public because it provided evidence of strong opposition to French colonial rule and forced labour. French colonization in Oubangui-Chari is considered to be the most brutal of the French colonial Empire. In September 1940, during the Second World War , pro-Gaullist French officers took control of Ubangi-Shari and General Leclerc established his headquarters for

8100-478: Was rejected by the Constitutional Court of the country, which held that Bozizé did not satisfy the "good morality" requirement for candidates because of an international warrant and United Nations sanctions against him for alleged assassinations, torture and other crimes. As large parts of the country were at the time controlled by armed groups, the election could not be conducted in many areas of

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