Chad GDP 2024

[ Nominal GDP in billions of USD ]

Year -

$19.52 billions

Source: world bank Nominal/PPP
Summary:

Chad GDP expanded from 1960 to 2024, increasing from $0.31 billion to $19.52 billion.The compound annual growth rate (CAGR) averaged 6.69% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 37.23%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Chad Annual GDP from 1960 to 2024

Source: world bank Nominal | PPP

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19600.31-----
19610.330.026.503 %---
19620.360.027.084 %---
19630.370.013.951 %---
19640.390.025.509 %---
19650.420.026.292 %---
19660.430.023.806 %---
19670.450.023.935 %---
19680.4500.923 %---
19690.470.023.889 %---
19700.470-0.502 %---
19710.50.036.947 %---
19720.590.0816.65 %---
19730.650.0610.552 %---
19740.650.010.824 %---
19750.860.2132.499 %---
19760.8700.167 %---
19770.940.078.004 %---
19781.110.1819.09 %---
19791-0.11-9.839 %---
19801.030.032.856 %---
19810.88-0.16-15.108 %---
19820.83-0.04-4.854 %---
19830.830-0.234 %---
19840.920.0910.414 %---
19851.030.1112.4 %---
19861.070.033.365 %---
19871.160.18.953 %---
19881.480.3227.434 %---
19891.43-0.05-3.299 %---
19901.740.321.268 %5.78--
19911.880.147.968 %6.490.7112.206 %
19921.8800.251 %7.170.6810.463 %
19931.46-0.42-22.244 %6.18-0.98-13.712 %
19941.18-0.28-19.369 %6.960.7712.489 %
19951.450.2722.552 %7.190.233.359 %
19961.610.1611.164 %7.480.294.086 %
19971.54-0.06-3.898 %8.040.567.475 %
19981.740.212.954 %8.70.668.154 %
19991.53-0.21-12.043 %8.760.060.723 %
20001.39-0.15-9.524 %8.880.121.366 %
20011.710.3223.215 %10.141.2614.172 %
200220.2916.726 %11.171.0310.177 %
20032.740.7537.346 %13.071.916.987 %
20044.421.6861.252 %17.944.8737.223 %
20058.664.2395.708 %21.713.7721.011 %
20069.711.0512.174 %22.250.552.524 %
200710.871.1611.903 %23.821.567.023 %
200813.392.5223.195 %25.021.215.067 %
200912.32-1.07-7.979 %24.82-0.2-0.8 %
201014.061.7414.133 %28.563.7415.055 %
201116.692.6318.685 %30.461.96.651 %
201217.891.217.233 %32.171.715.612 %
201317.87-0.03-0.15 %28.89-3.28-10.192 %
201418.140.281.562 %30.271.384.761 %
201514.56-3.58-19.757 %34.824.5615.059 %
201613.03-1.53-10.531 %32.04-2.78-7.984 %
201713.350.322.478 %32.760.722.243 %
201815.331.9814.817 %35.993.239.86 %
201914.91-0.42-2.75 %39.243.249.013 %
202014.930.030.184 %37.65-1.58-4.039 %
202116.871.9412.985 %43.415.7615.298 %
202217.830.965.67 %48.435.0211.554 %
202318.340.512.87 %52.173.747.722 %
202419.521.186.426 %55.673.516.719 %

Chad Economic Phases (1960–2024)

Between 1960 to 2024, Chad experienced the following economic phases:

  • High Growth (1961–1962) indicating robust economic expansion
  • High Growth (1964–1965) indicating robust economic expansion
  • Expansion (1966–1969) indicating steady moderate growth
  • High Growth (1971–1973) indicating robust economic expansion
  • High Growth (1977–1978) indicating robust economic expansion
  • Contraction (1982–1983) indicating temporary slowdown
  • High Growth (1984–1985) indicating robust economic expansion
  • High Growth (1987–1988) indicating robust economic expansion
  • High Growth (1990–1991) indicating robust economic expansion
  • Crisis (1993–1994) indicating severe economic downturn
  • High Growth (1995–1996) indicating robust economic expansion
  • High Growth (2001–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2021–2022) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2005 with an increase of 95.708%, while the largest decline was in 1993 at -22.244%.