Economy of Chad: Difference between revisions

| country = Chad

| image = Tailor in Chad.jpg

| image_size = 310px

| caption = A tailor in [[Chad]]

| currency = [[Central African CFA franc]] (XAF)

| fixed exchange =  

| year = Calendar year

| organs = [[African Union|AU]], [[African Continental Free Trade Agreement|AfCFTA]], [[World Trade Organization|WTO]]

* [[List of countries by GDP (PPP)|131st (PPP; 2025)]]

* [[List of countries by GDP per capita (nominal)|171st (nominal; 2025)]]

| sectors = {{plainlist|

| components =  

| inflation = 4.037% (2018 est.)<ref name="IMFWEOTD">{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2019/02/weodata/weorept.aspx?pr.x=58&pr.y=7&sy=2017&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=628&s=NGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC%2CPCPIPCH&grp=0&a= |title=World Economic Outlook Database, October 2019 |publisher=[[International Monetary Fund]] |website=IMF.org |access-date=6 December 2019}}</ref>

| poverty = 66.2% (2019 est.)

| gini =  

| hdi = {{plainlist|

| labor = 7.300&nbsp;million (2018)

| occupations = agriculture: 80% (subsistence farming, herding, and fishing); industry and services: 20% (2006 est.)

| unemployment =  

| industries = [[petroleum|oil]], cotton textiles, [[meatpacking]], brewing, [[natron]] (sodium carbonate), soap, cigarettes, [[construction materials]]

| exports = $1.695&nbsp;billion (2018 est.)

| export-goods = [[petroleum|oil]], cattle, cotton, [[gum arabic]]

| export-partners = {{plainlist|

*{{flag|China}} 10.1%

*{{flag|South Africa}} 3.1%

 

*(2024)<ref>{{cite web|url=https://www.cia.gov/library/publications/the-world-factbook/fields/2050.html#cd|archive-url=https://web.archive.org/web/20070613004055/https://www.cia.gov/library/publications/the-world-factbook/fields/2050.html#cd|archive-date=13 June 2007|title=Export Partners of Chad|publisher=[[CIA World Factbook]]|year=2015|access-date=26 July 2016}}</ref>}}

| imports = $2.262&nbsp;billion (2019 est.)

| import-goods = machinery and transportation equipment, industrial goods, [[foodstuff]]s, textiles

| import-partners = {{plainlist|

*{{flag|France}} 25.4%

*{{flag|Germany}} 11%

*{{flag|United States}} 10.4%

*{{flag|South Africa}} 6.8%

 

*(2025)<ref>{{cite web|url=https://www.cia.gov/library/publications/the-world-factbook/fields/2061.html#cd|archive-url=https://web.archive.org/web/20070613003031/https://www.cia.gov/library/publications/the-world-factbook/fields/2061.html#cd|archive-date=13 June 2007|title=Import Partners of Chad|publisher=[[CIA World Factbook]]|year=2015|access-date=26 July 2016}}</ref>}}

| FDI = $567&nbsp;million (2019 est.)

| gross external debt = $3.569&nbsp;billion (2019 est.)

| debt =  

| revenue = $2.501&nbsp;billion (2011 est.)

| expenses = $3.482&nbsp;billion (2011 est.)

| aid = $238.3&nbsp;million (recipient) note – $125&nbsp;million committed by [[Republic of China|Taiwan]] (1997); $30&nbsp;million committed by [[African Development Bank]]; [[Official development assistance|ODA]] $150&nbsp;million ({{As of|2001|alt=2001}})

| credit =  

| reserves = $147.7&nbsp;million (2019 est.)

| spelling =  

[[Chad]] has a [[Developing country|developing economy]]. It suffers from the landlocked country's geographic remoteness, drought, lack of infrastructure, and political turmoil. About 80% of the population depends on subsistence agriculture, including livestock herding.<ref>{{Cite web |date=2020-09-07 |title=Chad - Agricultural Sectors |url=https://www.trade.gov/country-commercial-guides/chad-agricultural-sectors |access-date=2025-03-17 |website= International Trade Administration |language=en}}</ref> Of Africa's Francophone countries, Chad benefited least from the 50% devaluation of their currencies in January 1994. Financial aid from the [[World Bank]], the [[African Development Bank]], and other sources is directed mainly at improving agriculture, especially livestock production. Because of a lack of financing, the development of [[oil field]]s near [[Doba, Chad|Doba]], originally due to finish in 2000, was delayed until 2003. It was finally developed and then operated by [[ExxonMobil]] until 2023, when it was nationalized and put under control of the Chadian government.<ref>{{Cite news |date=24 March 2023 |title=Chad says it has nationalised all assets owned by Exxon Mobil |url=https://www.aljazeera.com/news/2023/3/24/chad-says-it-has-nationalized-all-assets-owned-by-exxon-mobil |access-date=26 May 2026 |work=Al Jazeera |language=en}}</ref> Regarding [[gross domestic product]], Chad ranks 147th globally with $11.051 billion as of 2018.

'''electrification:''' urban areas: 14% (2013)

'''electrification:''' rural areas: 1% (2013)