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%.
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.
Chad GDP from 1980 to 2024
The total market value of goods and services produced annually in Chad.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
