Chad: Economy
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Low Income |
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
Economic Trivia | More than 80% of the work force is involved in agriculture--small-scale subsistence farming, herding, and fishing. |
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Data unavailable |
Top Industries Source: CIA World Factbook | Oil; Cotton Textiles; Meatpacking; Brewing |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $29,562,896,371 (2022) |
GDP Growth Rate (annual %) | 2.236% (2022) |
GDP Per Capita, PPP (current international) | $1,668 (2022) |
GDP Country Rank 143/197 (2022)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 5.788% (2022) |
External debt stocks, total (DOD, current US$) | $3,933,632,679 (2021) |
Total tax rate (% of commercial profits) | 63.5% (2019) |
Real Interest Rate (5 year average %) | 5.846% (2008) |
Manufacturing, value added (% of GDP) | 3.192% (2020) |
Current Account Balance (BoP, current US$) | ($37,744,638) (1994) |
Labor and Employment [1]
Labor Force, Total | 5,541,115 (2022) |
Employment in Agriculture (% of total employment) | 68.945% (2021) |
Employment in Industry (% of total employment) | 9.702% (2021) |
Employment in Services (% of total employment) | 21.353% (2021) |
Unemployment Rate | 1.412% (2022) |
Trade [1]
Imports of goods and services (current US$) | $5,027,559,891 (2022) |
Exports of goods and services (current US$) | $6,503,085,977 (2022) |
Total Merchandise Trade (% of GDP) | 53.526% (2022) |
FDI, net inflows (BoP, current US$) | $614,018,506 (2022) |
Commercial Service Exports (current US$) | $23,405,782 (1994) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Chad’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.