Chad

Chad Economic Outlook

Economic activity in Chad continued to be hurt by the decline in world oil prices in mid-August 2014 and the security and humanitarian crises facing the country. GDP growth fell from 6.2% in 2014 to 1.8% in 2015  to –6.4%  in 2016 and was estimated to turn positive in 2017. Inflation, –1.9% in 2016, increased in 2017 and is projected to do so in 2018 as well. Declining investment, particularly in oil and in building and public works, large workforce cuts, high domestic arrears, and the sharp decline in public spending largely explain the contraction over the past two years. The outlook for 2017 and 2018 depends heavily on the country’s ability to intensify fiscal consolidation in an economic and financial environment characterized by falling oil prices.

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Key Facts

Flag:
Capital: N Djamena
Area: 1,284,000 sq km
Total Population 2017: 15.0 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 10.1 Billion
GNI Per Capita 2015: US$ 880
Inflation Rate: -
Crude Birth Rate (per 1000): 43.90%
Human Development Index (rank / 188): 186
Human Development Index (scale 0 to 1): 0.396
Membership Date: 29/08/1968
Cumulative Approvals (1967-2016): UA 550.0 Million

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Contacts

Chad National Office

Groupe de la Banque africaine de développement
Immeuble BCC, 2ème étage
Avenue Charles de Gaulle
BP 193, N’Djamena, Tchad

Tél : (235) 22524557 / 22524778
Fax : (235) 22524996

Department Central Africa Region

Mr. Ousmane Dore, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51

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