Chad

Chad Economic Data & Projections

Chad's Macroeconomic Analysis:

Nominal GDP of USD 16.3 billion in 2022.

Nominal GDP of USD 11.8 billion in 2021.

GDP per capita of USD 695 compared to the global average of USD 10,589.

GDP per capita of USD 937 compared to the global average of USD 10,589.

Average real GDP growth of 2.2% over the last decade.

Average real GDP growth of 1.6% over the last decade.

Share of the region's population
Share of the region's GDP

GDP by economic sector
GDP by type of expenditure

Main Economic Indicators

Economic growth

The economy recorded average annual growth of 1.6% in the decade to 2021. To read more about GDP growth in Chad, go to our dedicated page.

Fiscal policy

Chad's fiscal surplus averaged 0.3% of GDP in the decade to 2021. Find out more on our dedicated page.

Inflation

Inflation averaged 2.8% in the decade to 2022. Go to our Chad inflation page for extra insight.

Monetary Policy

Chad's monetary policy rate ended 2016 at 2.45%, down from 5.25% a decade earlier. See our Chad monetary policy page for additional details.

Exchange Rate

From end-2012 to end-2022 the Central African CFA franc weakened by 19.2% vs the U.S. dollar. For more info on the Central African CFA franc, click here.

Chad Economic Forecasts

Projections out to 2034.

35 indicators covered including both annual and quarterly frequencies.

Consensus Forecasts based on a panel of 4 expert analysts.

Want to get insight on the economic outlook for Chad in the coming years? FocusEconomics collects projections out to 2034 on 35 economic indicators for Chad from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Chad economy. To download a sample report on the Chad's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.

Chad Economic Indicators

2019 2020 2021 2022 2023
Population (million) 15.9 16.4 16.9 17.4 17.9
GDP (USD bn) 14.9 14.7 15.9 16.2 -
GDP per Capita (USD) 935 893 940 928 -
GDP (LCU bn) 8,740 8,400 8,831 10,121 -
Economic Growth (Nominal GDP, ann. var. %) 2.7 -3.9 5.1 14.6 -
Economic Growth (GDP, ann. var. %) 6.6 -2.1 -0.9 3.6 -
Fiscal Balance (% of GDP) 0.6 2.0 -0.6 5.4 -
Public Debt (% of GDP) 38.0 41.2 42.4 34.5 -
Inflation (CPI, ann. var. %, eop) -1.7 3.0 1.0 8.3 4.3
Inflation (CPI, ann. var. %, aop) -1.0 4.5 -0.8 5.8 1.7
Exchange Rate (XAF per USD, eop) 584 535 579 615 594
Exchange Rate (LCU per USD, aop) 586 573 555 626 606
Current Account Balance (USD bn) -0.5 -0.4 -0.3 0.9 -
Current Account Balance (% of GDP) -3.3 -2.8 -1.8 5.5 -
Merchandise Trade Balance (USD bn) 0.7 0.2 1.1 2.3 1.6
Merchandise Exports (USD bn) 2.6 1.8 2.7 4.4 3.8
Merchandise Imports (USD bn) 1.9 1.6 1.6 2.1 2.2
Merchandise Exports (ann. var. %) -3.1 -30.1 49.9 61.7 -13.3
Merchandise Imports (ann. var. %) -2.4 -17.6 3.3 27.2 5.6
Foreign Direct Investment (USD bn) 0.6 0.6 0.7 0.6 0.9
International Reserves (USD bn) 0.3 0.4 0.2 - -
International Reserves (months of imports) 1.9 3.0 1.6 - -
External Debt (USD bn) 3.2 3.5 3.6 3.3 3.2
External Debt (% of GDP) 21.6 23.8 22.6 20.5 -
Free Sample Report

Interested in Chad economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

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