What is the GDP of Chad?

Chad's GDP is approximately $19.5 billion USD. The GDP growth rate is 4.2%.

What is the population of Chad?

Chad has a population of approximately 20.3 million people. The population growth rate is 4.9%.

What is the inflation rate in Chad?

The inflation rate in Chad is 8.9%.

What is the unemployment rate in Chad?

The unemployment rate in Chad is 1.1%.

What is the GDP per capita of Chad?

Chad's GDP per capita is approximately $962 USD.

Is Chad a good country to invest in?

Chad has an investment score of 14/100, classified as "High Risk" risk. Key sectors include Energy (Oil), Agriculture, Livestock. Credit rating: NR.

How open is Chad's economy to trade?

Chad's trade openness (trade as % of GDP) is 48%. Exports total approximately $5.8B and imports $3.5B.

How much foreign investment does Chad attract?

Foreign direct investment (FDI) in Chad is 5.2% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Chad?

Chad's economy is composed of services (30% of GDP), industry (29% of GDP), and agriculture (38% of GDP).

Can I start a business in Chad as a foreigner?

Chad offers various options for foreign entrepreneurs. Visit our business setup guide for Chad for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Chad's economy growing?

Chad's GDP growth rate is 4.2%. This is above the global average, indicating strong economic momentum.

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Chad Economy Overview

Name: Chad Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: N'DjamenaTCD

High Risk

Growing

19.5B USD

GDP (Nominal)

Growing at 4.2%

$962

GDP Per Capita

Developing economy

20.3M

Population

+4.9% annual growth

High

8.9%

Inflation

Elevated

48%of GDP

Trade Openness

Strong

5.2%of GDP

FDI Inflows

Public Debt

Low

1.1%

Unemployment

Surplus

+$2.3B

Trade Balance

GDP

Billion USD, nominal

$19.5B

2024+1.2B

GDP Growth

Annual %

4.2%

2024+0.2%

Inflation

Consumer prices, annual %

8.9%

2024-1.9%

Population

Millions

20.3M

2024+1.0M

Economic Structure

Services30%

Industry29%

Agriculture38%

Investment Score Breakdown

Economic Health (30%)15

Political Safety (25%)8

Business Climate (20%)14

Financial Strength (15%)15

Growth Potential (10%)20

Key Sectors

Energy (Oil)

12% of GDP

declining

Agriculture

45% of GDP

stable

Livestock

8% of GDP

stable

Should I Invest in Chad?

AvoidSetup: ModerateROI: Moderate

Chad scores 14/100 on the NationsData Investment Index, rated "High Risk". Growth is healthy at 3%.

Investment Score14/100

GDP Growth3%

Inflation5.5%

FDI/GDP3.5%

Public Debt42%

Political Stability-1.5

Strengths

+Healthy GDP growth at 3%

Risks

-Significant political instability - governance risks may affect business continuity
-Elevated inflation (5.5%) - factor into pricing strategy
-Corruption is a significant concern - budget for compliance and due diligence
-Large current account deficit (-6%) - currency depreciation risk

Also Consider

Burkina Faso

Same region, similar income level

Mali

Same region, similar income level, faster growth (4.5%)

DR Congo

Same region, similar income level, faster growth (6.5%)

Niger

Same region, similar income level

Countries Similar to Chad

Based on investment profile, economic size, growth rate, and region

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Burkina Faso