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Chad's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Chad ranked 127/197 by economy size with a GDP of $20.6B and 175/197 by GDP per capita at $1,016. Chad has $6.97B in government debt, with a debt-to-GDP ratio of 33.9%.

In 2025, Chad made up 0.02% of the world's economy, compared to 0.02% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $313,582,728 $2,436,524,901 -
1961 $333,975,336 $2,470,581,274 6.5%
1962 $357,635,713 $2,603,007,299 7.08%
1963 $371,767,002 $2,561,373,394 3.95%
1964 $392,247,518 $2,497,058,855 5.51%
1965 $416,926,303 $2,512,196,720 6.29%
1966 $432,794,922 $2,466,799,004 3.81%
1967 $449,826,323 $2,485,724,320 3.94%
1968 $453,980,096 $2,474,359,119 0.92%
1969 $471,635,622 $2,644,627,446 3.89%
1970 $469,266,737 $2,693,808,432 -0.5%
1971 $501,866,730 $2,633,261,683 6.95%
1972 $585,427,547 $2,663,534,083 16.7%
1973 $647,199,483 $2,440,306,408 10.6%
1974 $652,532,795 $2,561,390,814 0.82%
1975 $864,602,105 $2,792,178,974 32.5%
1976 $866,044,962 $2,875,407,275 0.17%
1977 $935,360,465 $2,939,661,840 8%
1978 $1,113,920,124 $2,925,856,183 19.1%
1979 $1,004,316,496 $2,298,520,793 -9.84%
1980 $1,033,002,404 $2,159,513,824 2.86%
1981 $876,937,558 $2,182,035,784 -15.1%
1982 $834,369,860 $2,298,700,706 -4.85%
1983 $832,415,806 $2,659,107,502 -0.23%
1984 $919,103,735 $2,713,589,927 10.4%
1985 $1,033,069,709 $3,304,956,434 12.4%
1986 $1,067,828,246 $3,170,059,101 3.36%
1987 $1,163,426,852 $3,094,332,460 8.95%
1988 $1,482,597,298 $3,573,408,122 27.4%
1989 $1,433,686,312 $3,747,959,643 -3.3%
1990 $1,738,605,558 $3,591,352,184 21.3%
1991 $1,877,137,982 $3,897,879,020 7.97%
1992 $1,881,847,670 $4,209,765,601 0.25%
1993 $1,463,251,164 $3,548,418,285 -22.2%
1994 $1,179,837,963 $3,908,117,459 -19.4%
1995 $1,445,919,895 $3,956,443,259 22.6%
1996 $1,607,345,356 $4,044,057,628 11.2%
1997 $1,544,689,577 $4,272,684,072 -3.9%
1998 $1,744,794,531 $4,569,703,120 13%
1999 $1,534,673,583 $4,538,498,892 -12%
2000 $1,388,506,772 $4,498,574,578 -9.52%
2001 $1,710,843,377 $5,023,024,460 23.2%
2002 $1,997,005,709 $5,449,540,006 16.7%
2003 $2,742,815,072 $6,251,803,140 37.3%
2004 $4,422,855,661 $8,354,245,265 61.3%
2005 $8,655,892,393 $9,802,247,644 95.7%
2006 $9,709,626,596 $9,751,126,740 12.2%
2007 $10,865,385,132 $10,175,906,505 11.9%
2008 $13,385,593,990 $10,492,210,538 23.2%
2009 $12,317,614,054 $10,351,773,940 -7.98%
2010 $14,058,506,664 $11,779,737,898 14.1%
2011 $16,685,349,674 $12,316,138,912 18.7%
2012 $17,892,228,570 $13,431,079,587 7.23%
2013 $17,865,316,886 $13,808,137,253 -0.15%
2014 $18,144,336,904 $14,092,996,497 1.56%
2015 $14,559,599,500 $14,559,599,500 -19.8%
2016 $13,026,289,836 $13,958,298,469 -10.5%
2017 $13,349,041,409 $13,731,058,253 2.48%
2018 $15,327,000,249 $14,519,374,209 14.8%
2019 $14,905,517,743 $15,301,773,407 -2.75%
2020 $14,932,897,821 $15,239,205,318 0.18%
2021 $16,871,937,698 $15,284,005,406 13%
2022 $17,828,508,290 $17,255,124,959 5.67%
2023 $19,107,685,021 $17,965,596,410 7.17%
2024 $20,625,711,665 $18,622,140,347 7.94%

Economic Statistics of Chad

Chad Rank
Gross domestic product
$20.6B
2024
127/197
GDP growth
7.94%
2023-2024
66/196
GDP per capita
$1,016
2024
175/197
GDP per capita, PPP
$2,962
2024
181/197
Government debt
$6.97B
2024
137/185
Debt-to-GDP ratio
33.9%
2025
150/185
Government debt per person
$343
2024
175/185
Average annual personal income after taxes
$1,511
2025
182/197
Income share by richest 10%
29.5%
2022
68/169
Income share by poorest 10%
2.8%
2022
82/169
Government expenditure, % of GDP
18.3%
2025
171/195
Consumer prices inflation
4%
2024-2025
71/195
Unemployment rate
1.14%
2018
187/196
Population
21450865
65/197

Chad's GDP per capita

Chad has a GDP per capita of $1,016, ranking 175/197, a GDP per capita based on purchasing power parity (PPP) of $2,962, ranking 181/197, and a median annual after tax income of $1,511, ranking 182/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1960 $102.8 -
1961 $107.3 -
1962 $112.6 -
1963 $114.7 -
1964 $118.6 -
1965 $123.6 -
1966 $125.8 -
1967 $128.2 -
1968 $126.9 -
1969 $129.2 -
1970 $125.9 -
1971 $131.8 -
1972 $150.4 -
1973 $162.4 -
1974 $160 -
1975 $207.5 -
1976 $203.7 -
1977 $215.9 -
1978 $252.5 -
1979 $222.9 -
1980 $228.8 -
1981 $194 -
1982 $176.1 -
1983 $167.2 -
1984 $182.2 -
1985 $202.7 -
1986 $203.4 -
1987 $213.9 -
1988 $263.5 -
1989 $246.4 -
1990 $290.6 $962
1991 $302 $1,041
1992 $290.6 $1,102
1993 $220.7 $929
1994 $173.9 $1,021
1995 $204 $1,010
1996 $216.9 $1,006
1997 $201.4 $1,044
1998 $219.8 $1,091
1999 $186.6 $1,061
2000 $163.1 $1,039
2001 $194.3 $1,147
2002 $219.1 $1,220
2003 $289.1 $1,372
2004 $446 $1,800
2005 $838 $2,093
2006 $907 $2,070
2007 $980 $2,144
2008 $1,166 $2,175
2009 $1,036 $2,084
2010 $1,142 $2,318
2011 $1,308 $2,388
2012 $1,354 $2,435
2013 $1,305 $2,110
2014 $1,279 $2,133
2015 $994 $2,378
2016 $862 $2,120
2017 $854 $2,097
2018 $949 $2,228
2019 $893 $2,352
2020 $867 $2,186
2021 $946 $2,435
2022 $966 $2,845
2023 $989 $2,932
2024 $1,016 $2,962

Chad's government spending, deficit, and chart

This chart shows Chad's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 31 years, Chad recorded a fiscal deficit in 23 years — average annual deficit equal to -1.43% of GDP. In 2024, government spending reached $3.84B (18.3% of GDP), with a deficit of -0.54%.

The national debt reached $6.97B, ranking 137th out of 185 countries by total size, with a debt-to-GDP ratio of 33.9%, ranking 150th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1995 12.3% 39.2% -3.12%
1996 12% 38.6% -2.86%
1997 12% 39.3% -2.58%
1998 10.1% 33% -1.73%
1999 12.9% 44.7% -4.07%
2000 14% 52.4% -4.68%
2001 12% 43.5% -3.53%
2002 13.8% 42% -4.08%
2003 14.9% 34.4% -4.32%
2004 9.84% 25.2% -1.84%
2005 8.87% 22% -0.05%
2006 10.7% 20.1% 1.7%
2007 13.6% 17.6% 2.02%
2008 14.6% 15.7% 2.82%
2009 19.8% 23.9% -8.44%
2010 18.5% 22.9% -3.16%
2011 16.3% 22.3% 1.75%
2012 16.6% 19.9% 0.33%
2013 16.6% 22.3% -1.5%
2014 17% 29.5% -3.23%
2015 13.8% 31.3% -3.29%
2016 11.3% 40.3% -1.52%
2017 11.2% 38.9% -0.17%
2018 9.63% 33.4% 1.37%
2019 10.6% 38.2% -0.11%
2020 14% 41.1% 1.22%
2021 13.1% 41.6% -1.3%
2022 12.7% 32.2% 3.83%
2023 17.4% 32.6% -1.28%
2024 18.6% 33.8% -1.96%
2025 18.3% 33.9% -0.54%

Inflation rate by year

Over the past 20 years, Chad has had an average annual inflation rate of 2.44%. In 2025, inflation was 4%. The bar chart below shows consumer price inflation by year.

Year Inflation
1980 8.6%
1981 8.1%
1982 6.4%
1983 7.9%
1984 20.3%
1985 5.1%
1986 -13.1%
1987 -2.7%
1988 14.9%
1989 -4.9%
1990 0.5%
1991 4.2%
1992 -3.8%
1993 -10.9%
1994 41.3%
1995 5.4%
1996 11.3%
1997 5.6%
1998 4.3%
1999 -8.4%
2000 3.8%
2001 12.4%
2002 5.2%
2003 -1.8%
2004 -4.8%
2005 4.4%
2006 9.6%
2007 -7.4%
2008 8.3%
2009 10.1%
2010 -2.1%
2011 2%
2012 7.5%
2013 0.2%
2014 -5.5%
2015 4.8%
2016 -1.6%
2017 -0.9%
2018 4%
2019 -1%
2020 4.5%
2021 -0.8%
2022 5.8%
2023 2.3%
2024 5.1%
2025 4%

Balance of trade

Chad Rank
Current account balance
-$37.7M
1994
79/189
Current account balance, % of GDP
-3.2%
1994
117/189
Goods imports
$212M
1994
182/188
Goods exports
$135M
1994
172/188
Service imports
$199M
1994
173/188
Service exports
$54.8M
1994
178/188
Imports of goods and services, % of GDP
17.2%
2024
171/180
Exports of goods and services, % of GDP
28.1%
2024
121/193

Chad's top 10 trading partners

Chad's biggest trading partner accounting for 22.5%% of all exports and imports is the United Arab Emirates, with a trade balance between the two of +$806M — Chad exports $1.11B worth of goods and services to the United Arab Emirates and imports $308M.

Below is the list of the top 10 trade partners of Chad.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 UAE $1.42B 22.5% $1.11B $308M Precious metals & jewellery Machinery & equipment
2 China $1.13B 17.9% $756M $375M Raw materials & minerals Machinery & equipment
3 Germany $1.05B 16.6% $1.03B $25.7M Raw materials & minerals Machinery & equipment
4 France $779M 12.3% $665M $114M Raw materials & minerals Machinery & equipment
5 Netherlands $532M 8.4% $489M $43.4M Raw materials & minerals Machinery & equipment
6 Turkey $296M 4.67% $182M $114M Raw agricultural goods Machinery & equipment
7 Cameroon $259M 4.09% $12.9M $246M Animal & marine products Processed food, beverages & tobacco
8 Malaysia $146M 2.3% $144M $1.2M Raw materials & minerals Raw agricultural goods
9 United States $143M 2.25% $82.8M $59.9M Raw materials & minerals Machinery & equipment
10 India $103M 1.63% $19.9M $83.5M Textiles & consumer goods Chemicals & pharma

Chad's top 10 exports

Chad Rank
Raw materials & minerals $3.21B 85/193
Raw agricultural goods $259M 99/193
Business & finance services $150M 119/188
Transport & tourism services $42.7M 172/188
Manufacturing & construction services $23.9M 114/164
IT & IP services $18.8M 144/183
Textiles & consumer goods $14.7M 143/193
Machinery & equipment $3.1M 175/193
Animal & marine products $830K 176/192
Precious metals & jewellery $659K 156/190

Chad's top 10 imports

Chad Rank
Business & finance services $784M 95/188
Transport & tourism services $664M 141/188
Machinery & equipment $441M 156/193
Chemicals & pharma $219M 156/193
IT & IP services $203M 91/182
Processed food, beverages & tobacco $160M 161/193
Raw materials & minerals $107M 172/193
Textiles & consumer goods $107M 161/193
Metals $74.6M 166/193
Miscellaneous $43.1M 112/193

Economic freedom indices

Chad Rank
Economic freedom 52.2 148/197
Property rights 27.4 152/182
Government integrity 14.1 152/182
Judicial effectiveness 14.5 152/182
Tax burden 78.5 96/181
Government spending 92.9 13/180
Fiscal health 97.9 9/181
Business freedom 28.7 177/182
Labor freedom 53.5 127/182
Monetary freedom 72 80/180
Trade freedom 47.2 175/181
Investment freedom 60 62/181
Financial freedom 40 107/181

Chad's economic freedom by year

Chad is ranked 134/180 for economic freedom with a score of 52.2, compared to 125/163 and a score of 52.1 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1997 45.1 - 46.2 89.1 -
1998 46.6 - 46.1 90.2 -
1999 47.2 - 46 90 -
2000 46.8 - 45.9 84.1 -
2001 46.4 - 45.9 85.5 -
2002 49.2 - 45.9 89.2 -
2003 52.6 - 46 87.6 -
2004 53.1 - 46 90.3 -
2005 52.1 - 50.2 87.9 -
2006 50 - 49.8 85.2 -
2007 50.1 - 49.8 93.8 -
2008 47.8 - 49.9 94.9 -
2009 47.5 - 50.5 90.8 -
2010 47.5 - 50.5 89.2 -
2011 45.3 - 50.4 85.3 -
2012 44.8 - 50.2 74.2 -
2013 45.2 - 50.4 75.5 -
2014 44.5 - 46.2 80 -
2015 45.9 - 46.2 83.6 -
2016 46.3 - 46 84.3 -
2017 49 24.1 46 87.2 74.6
2018 49.3 24.1 44.8 90.5 81.9
2019 49.9 24.6 46.1 92.4 85.2
2020 50.2 27.4 45.8 93.5 95.6
2021 50.4 25 44.6 93.9 96.1
2022 49.8 13.6 44.6 92.7 96.3
2023 52 12.6 78.1 91 93.7
2024 51.4 14.7 77.8 89.1 95.2
2025 52.2 14.5 78.5 92.9 97.9

More economic indicators

Chad Rank
Services, % of GDP
31.6%
2024
189/191
Industry, % of GDP
29.7%
2024
57/194
Agriculture, forestry, and fishing, % of GDP
32.2%
2024
13/193
GNI, Atlas method
$19.7B
2024
123/194
GNI per capita, PPP
$2,930
2024
176/191
Total reserves including gold
$1.05B
2023
140/177
Net foreign direct investment
-$26.5M
1994
54/188
Net inflows of foreign direct investment
$1.02B
2024
94/193
Net outflows of foreign direct investment
-$2.15M
1999
167/187
Servicing debt to the IMF, % of GNI
2.2%
2023
88/119
Poverty at national poverty lines
44.8%
2022
30/176
Gross capital formation, % of GDP
17.8%
2024
142/176

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GDP per capita map

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.