Chad GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Chad's GDP changed from approximately $1B 6M in 1980 to $18B 697M in 2024, showing an overall 1758.5% sharply increased during the period.
The lowest GDP was recorded in 1980 at $1B 6M, and the highest in 2024 at $18B 697M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.9%.
For comparison, the average annual growth rate of Sudan was 2.5%, and that of Central African Republic was 3.2%.

Chad GDP from 1980 to 2024

The total market value of goods and services produced annually in Chad.

Change Chart

    Overview of Chad's GDP (1980–2024)

    The Gross Domestic Product (GDP) of Chad recorded a 1758.5% sharply increased from 1980 to 2024.
    The average GDP during this period was $7B 839M, and the median was $3B 76M.
    GDP fluctuated within a range of $17B 691M, with a standard deviation of $6B 530M.
    The average annual change was $456M 762K.


    Highest and Lowest GDP Records

    • Lowest GDP: 1980, $1B 6M
    • Highest GDP: 2024, $18B 697M
    • Most Recent GDP: 2024, $18B 697M

    Notable Annual GDP Changes

    • 2004: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Chad's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $14B 917M → $14B 615M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $11B 993M → $12B 998M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $2B 142M → $2B 638M
    • Outcome: sharply increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $2B 382M → $2B 690M
    • Outcome: sharply increased

    Key Economic Indicators of Chad (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 1B 6M
    $ 222.86
    $ 549.94
    $ 2B 483M
    -6.008 %
    1.223 %
    7.31 %
    0 %
    4M 514K people
    1981
    $ 1B 190M
    $ 258
    $ 525.47
    $ 2B 424M
    -10.805 %
    1.97 %
    2.83 %
    0 %
    4M 613K people
    1982
    $ 1B 150M
    $ 243.75
    $ 574.81
    $ 2B 712M
    5.376 %
    1.611 %
    2.07 %
    0 %
    4M 718K people
    1983
    $ 1B 151M
    $ 238.12
    $ 674.54
    $ 3B 260M
    15.659 %
    3.3 %
    2.32 %
    0 %
    4M 832K people
    1984
    $ 1B 236M
    $ 249.33
    $ 717.03
    $ 3B 555M
    5.256 %
    0.732 %
    2.41 %
    0 %
    4M 958K people
    1985
    $ 1B 340M
    $ 262.92
    $ 776.53
    $ 3B 957M
    7.897 %
    -6.512 %
    0.54 %
    0 %
    5M 95K people
    1986
    $ 1B 650M
    $ 314.37
    $ 815.13
    $ 4B 277M
    5.966 %
    -3.599 %
    −1.95 %
    0 %
    5M 247K people
    1987
    $ 1B 870M
    $ 345.45
    $ 839.31
    $ 4B 543M
    3.647 %
    -1.365 %
    0.48 %
    0 %
    5M 413K people
    1988
    $ 2B 186M
    $ 391.06
    $ 904.91
    $ 5B 58M
    7.544 %
    1.167 %
    3.16 %
    0 %
    5M 590K people
    1989
    $ 2B 65M
    $ 357.56
    $ 928.15
    $ 5B 359M
    1.952 %
    -2.484 %
    −1.20 %
    0 %
    5M 774K people
    1990
    $ 2B 488M
    $ 417.25
    $ 962.17
    $ 5B 738M
    3.202 %
    -1.833 %
    0.25 %
    0 %
    5M 963K people
    1991
    $ 2B 465M
    $ 400.39
    $ 1,063.61
    $ 6B 549M
    10.402 %
    -2.66 %
    1.12 %
    0 %
    6M 157K people
    1992
    $ 2B 570M
    $ 404.23
    $ 1,078.89
    $ 6B 858M
    2.392 %
    -3.335 %
    −0.40 %
    0 %
    6M 357K people
    1993
    $ 2B 246M
    $ 342.14
    $ 1,047.41
    $ 6B 875M
    -2.074 %
    -5.194 %
    −7.24 %
    0 %
    6M 564K people
    1994
    $ 1B 819M
    $ 268.29
    $ 1,092.42
    $ 7B 408M
    5.494 %
    -2.075 %
    7.14 %
    0 %
    6M 781K people
    1995
    $ 2B 230M
    $ 318.05
    $ 1,070.51
    $ 7B 504M
    -0.775 %
    -7.642 %
    3.69 %
    -2.324 %
    7M 10K people
    1996
    $ 2B 479M
    $ 341.82
    $ 1,076.20
    $ 7B 803M
    2.115 %
    -7.928 %
    7.88 %
    -2.618 %
    7M 251K people
    1997
    $ 2B 382M
    $ 317.44
    $ 1,117.72
    $ 8B 387M
    5.653 %
    -8.168 %
    6.25 %
    -1.845 %
    7M 503K people
    1998
    $ 2B 690M
    $ 346.26
    $ 1,167.38
    $ 9B 71M
    6.952 %
    -5.716 %
    4.17 %
    -1.119 %
    7M 770K people
    1999
    $ 2B 370M
    $ 294.23
    $ 1,134.43
    $ 9B 136M
    -0.683 %
    -7.151 %
    3.65 %
    -3.282 %
    8M 54K people