Chad Government Debt To GDP

Chad recorded a Government Debt to GDP of 19.50 percent of the countrys Gross Domestic Product in 2011. From 2003 until 2011, Chad Government Debt To GDP averaged 25.4 percent reaching an all time high of 46.5 percent in December of 2003 and a record low of 16.3 percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Chad Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
19.50 20.00 46.50 16.30 18.57 | 2014/06 2003 - 2011 percent Yearly

TO

Chad Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 19.50 2011-12-31 20.00 46.50 16.30 18.57 2014-06-30 percent [+]
Government Budget 0.80 2012-12-31 2.40 4.50 -9.80 -0.66 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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.
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