Chad/Economy

Economy of Chad

An overview of key economic indicators. Select a category for detailed trends, charts, and insights.

Explore Economic Domains

Growth & Output

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GDP (USD)
$13.1B(2023)
GDP PPP (USD)
$36.0B(2023)
GDP per Capita (USD)
$681(2023)
GDP Growth (inflation-adjusted)
4.1%(2023)
Inflation (CPI Annual %)
8.9%(2024)

Trade & Finance

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Exports (as share of GDP)
43.5%(2023)
Imports (as share of GDP)
48.1%(2023)
FDI Inflows (as share of GDP)
6.9%(2023)
Remittance Inflow (USD)
$0.0(2023)

Labor & Income

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Unemployment Rate
1.1%(2024)
Employment in Services
21.4%(2023)
Poverty Rate
44.8%(2022)
GINI Index
37.4(2022)
GNI per Capita (USD)
$670(2023)

Energy & Environment

Coming Soon
Energy Use per Capita
199 kg oil eq.(2022)
Renewable Energy Consumption (%)
70%(2022)

Economic Snapshot Overview

A summary of key economic indicators for Chad

  • The economic architecture of Chad is substantial, anchored by a Gross Domestic Product (GDP) of approximately $13.15B
    2023
    . This places it as the 141st largest economy out of 191 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $680.64
    2023
    , while its GDP in Purchasing Power Parity (PPP) terms is estimated at $36.01B, reflecting the population's domestic purchasing power. The economy demonstrates solid growth, expanding at a rate of 4.1%
    2023
    , while managing moderate inflation, with a CPI of 8.9%
    2024
    .
  • On the global stage, the nation's trade and financial dynamics reveal a complex interplay of factors. The nation runs a trade deficit, with exports at 43.5% of GDP and imports at 48.1%
    2023
    . Foreign Direct Investment (FDI) inflows are significant, constituting 6.95% of the economy
    2023
    . This performance positions the country 22nd globally out of 186 nations, indicating its relative attractiveness to foreign capital.
  • The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $670
    2023
    . Globally, this ranks the nation 180th out of 190 in terms of GNI per capita, providing a clear measure of its national wealth relative to others. The labor market is robust, with a low unemployment rate of 1.1%
    2024
    . The services sector is a primary driver of the labor market, accounting for 21.4% of total employment
    2023
    . Poverty remains a key issue, with 44.8% of the population living below the national poverty line
    2022
    . There is a moderate level of income inequality, with a Gini index of 37.4
    2022
    .
  • On the environment and energy front, energy consumption per capita is 198.545 kg of oil equivalent
    2022
    . The country is a leader in clean energy, with renewable sources making up 70.0% of total final energy consumption
    2022
    . Its commitment to clean energy places it 162nd among 190 countries for its share of renewable energy consumption.

Key Economic Insights

Macroeconomic Health

Maintaining a balance between growth, inflation, and employment is the central challenge for economic policymakers.

Trade & Investment Profile

A highly open, export-oriented economy that is deeply integrated into global markets and attractive to foreign capital.

Social Equity & Distribution

Distributing the benefits of economic growth equitably is crucial for social cohesion and long-term stability.

Energy & Sustainability

A strong commitment to renewable energy positions the country as a leader in the green transition, potentially creating new economic advantages.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.