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.
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)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |