21, Nov 2009, CST. Welcome to the Chad economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.
Economic Indicators For: Chad › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 10,329,208 (July 2009 est.)
Area: total: 1.284 million sq km
land: 1,259,200 sq km
water: 24,800 sq km
Natural Resources: petroleum, uranium, natron, kaolin, fish (Lake Chad), gold, limestone, sand and gravel, salt
Government Type: Chad government type
Government Ministers: Chad ministers
Capital: N'Djamena
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook
Chad's primarily agricultural, agrarian, fisheries and farming economy will perpetuate to be boosted by serious Foreign Direct Investment (FDI) projects in the oil and gas sector that began in 2000. At least 80 per cent of Chad's general populace relies on subsistence farming and livestock raising for its livelihood. Chad's economy has long been handicapped by its landlocked position, high energy costs, and a history of instability. Chad relies on foreign aid and foreign capital for most public and private sector investment projects. A consortium led by two USA companies has been investing US$3.7 bn to develop oil and gas national reserves - estimated at 1 bn barrels - in southern Chad. China companies are also growing exploration efforts and plan to build a refinery. The country's total oil and gas national reserves have been estimated to be 1.5 bn barrels. Oil and gas production came on stream in late 2003. Chad began to export oil and gas in 2004. Cotton, cattle, and gum arabic provide the bulk of Chad's non-oil and gas export revenues.
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Chad Economy
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| For Chad in year 2008 | Indicator Value | |
|---|---|---|
| GDP Growth (Constant Prices, National Currency) | -0.408 % | |
| GDP (Current Prices, National Currency) | XAF 3,739.63 Billion. | |
| GDP (Current Prices, US Dollars) | US$ 8.39 Billion | |
| GDP Deflator | 189.333 (Index, Base Year as per country's accounts = 100) | |
| GDP Per Capita (Constant Prices, National Currency) | XAF 202,994.71 . | |
| GDP Per Capita (Current Prices, National Currency) | XAF 384,335.40 . | |
| GDP Per Capita (Current Prices, US Dollars) | US$ 862.3 | |
| Output Gap, Percent of Potential GDP | - | |
| GDP (PPP), US Dollars | US$ 16.119 Billion | |
| GDP Per Capita (PPP), US Dollars | US$ 1,656.63 | |
| GDP Share of World Total (PPP) | 0.023 % | |
| Implied PPP Conversion Rate | 231.998 | |
| Investment (% of GDP) | - | |
| Gross National Savings (% of GDP) | - | |
| Inflation, Average Consumer Prices (Indexed to Year 2000) | 123.859 (Index, Base Year 2000 = 100) | |
| Inflation (Average Consumer Price Change %) | 8.337 % | |
| Inflation, End of Year (Indexed to Year 2000) | 116.433 (Index, Base Year 2000 = 100) | |
| Inflation (End of Year Change %) | 9.671 % | |
| Six-month London Interbank Offered Rate (LIBOR) Change % | - | |
| Unemployment Rate (% of Labour Force) | - | |
| Employment | - | |
| Population | 9.73 Million | |
| General Government Balance (National Currency) | - | |
| General Government Balance (% of GDP) | - | |
| General Government Structural Balance (National Currency) | - | |
| General Government Structural Balance (% Potential GDP) | - | |
| General Government Net Debt (National Currency) | - | |
| General Government Net Debt (% GDP) | - | |
| General Government Gross Debt (National Currency) | - | |
| General Government Gross Debt (% GDP) | - | |
| Current Account Balance (US Dollars) | US$ -0.958 Billion | |
| Current Account Balance (% GDP) | -11.423 % |
GDP (Constant Prices, National Currency) for Chad in year 2008 is XAF 1,975.16 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.
GDP Growth (Constant Prices, National Currency) for Chad in year 2008 is -0.408 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.
GDP (Current Prices, National Currency) for Chad in year 2008 is XAF 3,739.63 Billion. GDP is expressed in billions of national currency units.
GDP (Current Prices, US Dollars) for Chad in year 2008 is US$ 8.39 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.
GDP Deflator for Chad in year 2008 is 189.333 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.
GDP Per Capita (Constant Prices, National Currency) for Chad in year 2008 is XAF 202,994.71 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.
GDP Per Capita (Current Prices, National Currency) for Chad in year 2008 is XAF 384,335.40 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.
GDP Per Capita (Current Prices, US Dollars) for Chad in year 2008 is US$ 862.3 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
Output Gap, Percent of Potential GDP for Chad in year 2008 is not available
GDP (PPP), US Dollars for Chad in year 2008 is US$ 16.119 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Per Capita (PPP), US Dollars for Chad in year 2008 is US$ 1,656.63 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Share of World Total (PPP) for Chad in year 2008 is 0.023 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Implied PPP Conversion Rate for Chad in year 2008 is 231.998 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Investment (% of GDP) for Chad in year 2008 is not available
Gross National Savings (% of GDP) for Chad in year 2008 is not available
Inflation, Average Consumer Prices (Indexed to Year 2000) for Chad in year 2008 is 123.859 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.
Inflation (Average Consumer Price Change %) for Chad in year 2008 is 8.337 %. Data for inflation are averages for the year, not end-of-period data.
Inflation, End of Year (Indexed to Year 2000) for Chad in year 2008 is 116.433 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.
Inflation (End of Year Change %) for Chad in year 2008 is 9.671 %. Data for inflation are end of the period, not annual average data.
Six-month London Interbank Offered Rate (LIBOR) Change % for Chad in year 2008 is not available
Unemployment Rate (% of Labour Force) for Chad in year 2008 is not available
Employment for Chad in year 2008 is not available
Population for Chad in year 2008 is 9.73 Million .
General Government Balance (National Currency) for Chad in year 2008 is not available
General Government Balance (% of GDP) for Chad in year 2008 is not available
General Government Structural Balance (National Currency) for Chad in year 2008 is not available
General Government Structural Balance (% Potential GDP) for Chad in year 2008 is not available
General Government Net Debt (National Currency) for Chad in year 2008 is not available
General Government Net Debt (% GDP) for Chad in year 2008 is not available
General Government Gross Debt (National Currency) for Chad in year 2008 is not available
General Government Gross Debt (% GDP) for Chad in year 2008 is not available
Current Account Balance (US Dollars) for Chad in year 2008 is US$ -0.958 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.
Current Account Balance (% GDP) for Chad in year 2008 is -11.423 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.