CEMAC CBDC Tracker

CBDC Information

CBDC Status

Research

Economic Information

GDP

$106,929,594,852

Population

62,926,282

Government Information

Freedom Rankings

Cato and Fraser Human Freedom Index:

N/A

Freedom House Index:

N/A

Reporters Without Borders Freedom Index:

N/A

The Economic and Monetary Community of Central Africa (abbreviated as CEMAC due to its French translation) is in the research phase. The Banque des États de l'Afrique Centrale is the central bank for the Economic and Monetary Community of Central Africa. Member countries include Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo. In 2022, the Banque des États de l'Afrique Centrale urged member countries to start researching CBDCs. At this time, however, it’s unclear how much member countries have acted on this directive.

For additional information on concerns regarding violations of human rights and civil liberties, see the following reports by Amnesty International, Financial Tyranny Index, Freedom House, Human Rights Watch, Privacy International, and the U.S. Department of State. For additional information on concerns regarding the risks of CBDCs, see the following webpage and report by the Cato Institute: The Risks of CBDCs and Central Bank Digital Currency: Assessing the Risks and Dispelling the Myths.

For additional information regarding metrics, the methodology page explains each of the data points and provides their respective sources.