Browse a full set of economic indicators

Chad

Includes Chad real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Chad economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Chad best banks and safest banks are also available.

Basic Information

Government Type: Presidential republic

Capital City: N’Djamena

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Bank of Central African States
Currency Cooperation Financiere en Afrique Centrale francs (XAF)
International Reserves USD 0.15 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product – GDP USD 10.9 billion (2018, estimate)
GDP (Purchasing Power Parity) Intl$ 30.2 billion (2018, estimate)

GDP Data

Real GDP growth 2007: 3.3%
2008: 3.1%
2009: 4.1%
2010: 13.6%
2011: 0.1%
2012: 8.8%
2013: 5.8%
2014: 6.9%
2015: 1.8%
2016: -6.4%
2017*: -3.1%
2019*: 3.1%
*Estimate
GDP per capita – current prices USD 874.2 (2018, estimate)
GDP per capita – PPP Intl$ 2,415.3 (2018, estimate)
GDP (PPP) – share of world total 1980: 0.02%
1990: 0.02%
2000: 0.02%
2010: 0.03%
2019*: 0.02%
*Estimate
GDP – composition by sector agriculture: 44.8%
industry: 14.3%
services: 37.6%
(2018 estimate)
Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2015: 4.8%
2016: -1.6%
2017*: -0.9%
2018*: 4%
2019*: 3%
*Estimate

Inflation & Debt

Inflation 2015: 4.8%
2016: -1.6%
2017*: -0.9%
2018*: 4%
2019*: 3%
*Estimate
Government Bond Ratings Standard & Poor’s: N/A

Moody’s: N/A

Standard & Poor’s / Moody’s
Unemployment rate N/A
Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2015: 43.9%
2016: 51.5%
2017*: 49.8%
2018*: 48.3%
2019*: 44.7%
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2015: -4.4%
2016: -1.9%
2017*: -0.2%
2018*: 1.9%
2019*: 0.3%
*Estimate
Market value of publicly traded shares N/A
Largest Companies N/A

Import/Export

Exports as percent of GDP (Exports of goods and services) 35.9% (2018)
Shares in world total merchandising export 0.01% (2018)
Shares in world total commercial services export 0.004% (2015)
Total exports USD 3.3 billion (2015)
Export commodities Oil, livestock, cotton, sesame, gum arabic, shea butter
Total imports USD 5.0 billion (2015 estimate)
Import commodities Machinery and transportation equipment, industrial goods, foodstuffs, textiles
Exports – major partners US 38.7%, China 16.6%, Netherlands 15.7%, UAE 12.2%, India 6.3% (2017)
Imports – major partners China 19.9%, Cameroon 17.2%, France 17%, US 5.4%, India 4.9%, Senegal 4.5% (2017)

Competitiveness & Trade

Current account balance USD -0.4 billion (2018 estimate)
Current account balance by percentage of GDP -3.4 % (2018 estimate)
FDI inflows 2016: USD 245 million
2017: USD 335 million
2018: USD 662 million
FDI Outflows N/A
Value of cross-border M&A, by country of purchaser N/A


United Nations Conference on Trade and Development (UNCTAD) – World Investment Report
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
Best countries for doing business Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

182 out of 190 countries

​Subcategories:
Starting a Business: 186 out of 190 countries
Dealing with Construction Permits: 174 out of 190 countries
Getting Electricity: 180 out of 190 countries
Registering Property: 131 out of 190 countries
Getting Credit: 152 out of 190 countries
Protecting Minority Investors: 170 out of 190 countries
Paying Taxes: 188 out of 190 countries
Trading across Borders: 173 out of 190 countries
Enforcing Contracts: 153 out of 190 countries
Resolving Insolvency: 155 out of 190 countries
Global competitiveness ranking 141 out of 141 countries

(2019)
Index of Economic Freedom Ranking: 159 / Score: 49.9 (Repressed)

(100=totally free 0=totally repressed)

Population & Geographic Data

Time Zone UTC+1

Total Area 1,284,000 million sq km
Total Population 1990: 5.65 million
2000: 7.48 million
2010*: 10.22 million
2015*: 11.57 million
2020*: 13.12 million
*Estimate
Urban population as % of total population 1960: 6.7%
1980: 18.8%
2000: 21.6%
2018: 23.1%
Population median age 15.8 years
Population growth rate 3.23% (2018 estimate)
Life expectancy 57.5 years (2018 estimate)
% of population living on less than $3.10 a day 66.5% (last available estimate, 2011)
Inequality of wealth distribution (Gini index)
43.3 (last available estimate, 2011)

(0=perfect equality, 100=absolute inequality)
Freedom House rating Not Free
Political Rights: 7
Civil Liberties: 6 (2019)
(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population
Fixed: 0.1%

Mobile: 45.1%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population
6.5 % (2017)

Language & Religon

Languages French (official), Arabic (official), Sara (in south), more than 120 different languages and dialects
Literacy Total population: 22.3%
Male: 31.3%
Female: 14%
Definition: age 15 and over can read and write french or arabic (2016 est.)
Religions Muslim 52.1%, Protestant 23.9%, Roman Catholic 20%, animist 0.3%, other Christian 0.2%, none 2.8%, unspecified 0.7% (2014-15 est.)

World Rankings

Population 13.12 M
Mercer Cost of living index N’Djamena: 11th (2019)
C02 Emissions per capita 0.05 metric tons per capita (2014)

Global Finance Rankings & Awards: Chad

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.

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Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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