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)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 143/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

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)
Click on a row to display its 5-year graph on the right.

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)
Click on a row to display its 5-year graph on the right.

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)
Click on a row to display its 5-year graph on the right.

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.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank