The Gross Domestic Product (GDP) in Chad expanded 2.40 percent in 2019 from the previous year.

GDP Annual Growth Rate in Chad averaged 3.08 percent from 1961 until 2019, reaching an all time high of 34.30 percent in 2004 and a record low of -21.44 percent in 1979. This page provides - Chad GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chad GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2020.

GDP Annual Growth Rate in Chad is expected to reach -4.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chad GDP Annual Growth Rate is projected to trend around 3.80 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

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Chad GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.40 34.30 -21.44 1961 - 2019 percent Yearly

Chad GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.40 2.40 34.30 -21.44 percent [+]
GDP 11.31 11.24 13.94 0.31 USD Billion [+]
GDP per capita 813.70 812.00 961.40 406.10 USD [+]
GDP per capita PPP 1579.60 1576.30 1866.30 897.30 USD [+]

Chad GDP Annual Growth Rate
Chad is one of the poorest countries in the world with 80 percent of population living under poverty line. Chad’s economy is dependent on oil, gold and uranium production which account for over 95 percent of exports and make up most of government revenue. Decades of military conflict and drought have left the country stripped of infrastructure, manufacturing industry and commercial agriculture.