Chad GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Chad expanded 7.20 percent in 2012 from the previous year. From 1961 until 2012, Chad GDP Annual Growth Rate averaged 3.7 percent reaching an all time high of 34.3 percent in December of 2004 and a record low of -21.4 percent in December of 1979. 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. Moreover, Chad’s government has been focusing on fiscal consolidation with little results up to now. Yet, Chad growth is expected to continue mainly driven by rising energy prices. This page provides - Chad GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.20 1.60 34.30 -21.44 3.51 | 2014/06 1961 - 2012 percent Yearly

TO

Chad GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 11.02 2012-12-31 10.60 11.02 0.31 12.63 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 7.20 2012-12-31 1.60 34.30 -21.44 3.51 2014-06-30 percent [+]
GDP per capita 507.37 2012-12-31 497.84 529.43 255.97 514.47 2014-06-30 USD [+]
GDP per capita PPP 1286.66 2012-12-31 1262.48 1342.59 649.11 1304.66 2014-06-30 USD [+]
[+]


GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Chad Gold Reserves at 0.00 Tonnes  
Gold Reserves in Chad remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Chad is reported by the World Gold Council.
Chad Interest Rate at 3.25 Percent  
The benchmark interest rate in Chad was last recorded at 3.25 percent. Interest Rate in Chad is reported by the Bank of Central African States.
Chad Personal Income Tax Rate at 60.00 percent  
The Personal Income Tax Rate in Chad stands at 60 percent. Personal Income Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Corporate Tax Rate at 40.00 percent  
The Corporate Tax Rate in Chad stands at 40 percent. Corporate Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Chad stands at 18 percent. Sales Tax Rate in Chad is reported by the General Inspectorate of Finance.
Chad Balance of Trade at 332.40 CFA Franc Billion  
Chad recorded a trade surplus of 332.40 CFA Franc Billion in 2009. Balance of Trade in Chad is reported by the Bank of Central African States.
Chad Current Account at -630.60 CFA Franc Billion  
Chad recorded a Current Account deficit of 630.60 CFA Franc Billion in 2009. Current Account in Chad is reported by the Bank of Central African States.
Chad Inflation Rate at 3.10 percent  
The inflation rate in Chad was recorded at 3.10 percent in 2013. Inflation Rate in Chad is reported by the Bank of Central African States.
Chad GDP per capita at 507.37 USD  
The Gross Domestic Product per capita in Chad was last recorded at 507.37 US dollars in 2012. The GDP per Capita in Chad is equivalent to 4 percent of the worlds average. GDP per capita in Chad is reported by the World Bank.
Chad GDP per capita PPP at 1286.66 USD  
The Gross Domestic Product per capita in Chad was last recorded at 1286.66 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Chad, when adjusted by Purchasing Power Parity is equivalent to 6 percent of the worlds average. GDP per capita PPP in Chad is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News