The per capita income of the Republic is often listed as being approximately $400 a year, one of the lowest in the world, but this figure is based mostly on reported sales of exports and largely ignores the unregistered sale of foods, locally produced alcoholic beverages, diamonds, ivory, bushmeat, and traditional medicine. For most Central Africans, the informal economy of the CAR is more important than the formal economy.[citation needed] Export trade is hindered by poor economic development and the country's landlocked position.[citation needed]