Economy of Chad
Population: 15.48 M (2018)
GDP per Capita: 728 USD (2018)
11,270 M.

GDP USD

(2018)

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4,060 M.

EXPORTS USD

(2018)

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4,270 M.

IMPORTS USD

(2018)

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52.44 %

PUBLIC DEBT

(2017)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 2.64 % (2018)
GDP of 2010 USD USD 12.60 B. (2018)
GDP Current USD USD 11.27 B. (2018)
GDP per Capita Current USD USD 728 (2018)
GDP per capita, PPP USD 1,746 (2018)
GDP per Capita, 2010 USD USD 813 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 3.59 % (2018)
Government Spending USD 0.40 B. (2018)
Government Debt % GDP 52.44 % (2017)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 161.16 (2018)
Trade Openness 73.88 % (2018)
Exports of Goods and Services % GDP 36.00 % (2018)
Exports Goods & Services USD 4.06 B. (2018)
Exports Annual Growth 4.40 % (2018)
Imports as % GDP 37.88 % (2018)
Total Imports USD 4.27 B. (2018)
Foreign Direct Investment % GDP 5.87 % (2018)
Foreign Direct Investment USD 0.66 B. (2018)
Current Account Balance % GDP USD % (2018)
Current Account Balance USD B. (2018)
Trade Balance % GDP -1.89 % (2018)
Trade Balance USD B. (2018)
Foreign Exchange Reserves incl Gold USD 0.15 B. (2018)
Remittances % GDP USD 0.15 B. (2018)
Remittances USD 0.15 B. (2018)
Balance of Payments USD 0.15 B. (2018)

Labor Market

Indicator Value
Labor Force 6.04 M. (2019)
Unemployment Rate 2.32 % (2019)
Unemployment Rate Females 1.71 % (2019)
Unemployment Rate Males 2.05 % (2019)
Youth Unemployment (ages 15-24) 4.08 % (2019)
Labor Force Participation Rate 71.27 % (2019)
Labor Force (Percent Female) 45.54 % (2019)
Female Labor Force Participation Rate 64.81 % (2019)
Male Labor Force Participation Rate 77.79 % (2019)
Dependent People 98.44 % (2018)

Agriculture Sector

Indicator Value
Forest Area 3.80 % (2016)
Forest Area km² 47,484 km² (2016)
Agricultural Land 39.66 % (2016)
Agricultural Land km² 499,350 km² (2016)
Employment 81.42 % (2019)
Value added % GDP 44.94 % (2018)
Agriculture Value added USD 5.07 B. (2018)
Crop Production Index 176.10 (2016)
Precipitation 322 mm (2014)
Arable Land 4 % (2016)
Cereal Yield 825 kg/hectare (2017)
Food production index 155 (2016)
Rural Population 77 % (2018)
Fertilizer use of Arable Land 155 (2016)
Livestock Production Index 117 (2016)
Economy of Chad

According to the World Bank and its latest published data, the economy of the Chad presents a growth rate of 2.64 % (2018) to the previous year.

With a population that reaches 15.48 M (2018) and a gross domestic product of USD 11.27 B. (2018), it translates a Gross Domestic Product per Capita of USD 728 placing its inhabitants on the threshold of an Low-income country (according to the World Bank's updated classification).

Chad also has a workforce of 6.04 M. (2019) with an unemployment rate of 2.32 % (2019), where women represent 1.71 % (2019) and men 2.05 % (2019), the unemployment rate for young people between 15-24 years old stood at 4.08 % (2019). The total number of dependent people stands at 98.44 % (2018).

The central government spent 3.59 % (2018) of its gross domestic product that year, which in absolute terms is USD 0.40 B. (2018). Its consolidated public debt reached 52.44 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Chad exported USD 4.06 B. (2018), which represents 36.00 % (2018) of its gross domestic product, in that same sense its imports reached USD 4.27 B. (2018) with a direct foreign investment of USD 0.66 B. (2018).

Chad has a forest area of 47,484 km² (2016), which represents 3.80 % (2016) of its total area, an average rainfall of 322 mm (2014) per year and a population of 77 % (2018) living in rural areas. With a total area of 499,350 km² (2016) available for agriculture and 81.42 % (2019) of its employments, the agricultural sector contributes to the economy of the Chad about USD 5.07 B. (2018) (44.94 % (2018) of its GDP).