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Chad Chad

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Chad

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EconomicPoliticalStructural

Chad – Quick View
ECR score13.72 (Mar 2011)
ECR rank172 (Mar 2011)
Economic
GDP (2009)USD 6.74 billion
GNI per capita PPP (2009)USD 1,060
FDI inflow (2009)USD 0.43 billion
Inflation (March 2010)5%
Banking Sector Assets (December 2008)USD 0.78 billion
Unemployment rateNA
Government deficit (2010)USD 0.2 billion
Tax revenue (2010)USD 0.59 billion (+18.87)
Political
Government typeRepublic
Recent political crisisNA
Economic freedom score (2011)165th
Freedom of information score (2010)112th
Corruption perception index (2010)171st
Structural
Birth rate45.3 per ‘000
Population balanceUnder 14 - 45.7%
Population balanceOver 65 – 2.84%
Life expectancy yearsMale 47.4 years
Life expectancy yearsFemale 50 years
Mortality rate16.5 per ‘000
Literacy rate31.8%
Internet access1.8%

[Top] Economic Overview

Gross Domestic Product

The total Gross Domestic Product (GDP) of Chad was XAF 3,232 billion in 2009 as compared to XAF 3,795 billion in 2008. The GDP at current prices in the year 2010 is estimated at XAF 3,808.57 billion.

Chad GDP

(Source: Central Bank)

GDP growth rate

Chad Real GDP growth rate

(Source: Central Bank)

The real GDP growth rate in the year 2009 was -1.4% and has remained unchanged from 2009 GDP growth.

GDP per capita

The GDP per capita in the year 2009 was USD 610 as compared to USD 766 in 2008.     

Chad GDP per capita

(Source: World Bank)

Gross National Income

The Gross National Income (GNI) of the country in 2009 was USD 6,692 million as compared to USD 5,845.13 million in 2008.

(Source: World Bank)          

GNI per capita

GNI per capita at PPP was USD 1,160 in 2009 as compared to USD 1,080 in 2008.   

Chad GNI per capita      

(Source: World Bank)

Income Tax Rates

The highest tax rate levied on individual income in the country is 60%.

(Source: heritage.org)

Corporate tax

The highest corporate tax rate levied in the country is 40%.

Tax contribution

Total tax rate (% profit)

Corporate income tax

31.3

Social security contributions

18.6

Payroll tax

8.5

Business license

1.8

Vehicle tax

1.7

Property tax

1.2

Apprenticeship tax

1.4

fuel tax

0.4

(Source: doingbusiness.org)

Inflation Rate

The country’s inflation rate in the year 2010 is estimated at 5.97% as compared to 10.10% in 2009.

Chad Inflation rate

(Source: IMF)

FDI Inflow

The Foreign Direct Investment inflow in the country was XAF 206.8 billion in the year 2009, which grew by 97.7% over the previous year.

Chad Foreign Direct Investment inflow

(Source: Central Bank)

Banking sector assets

The total assets of the banks in Chad at the end of December 2008 were CFA 355.1 billion as compared to CFA 298.8 billion at the end of December 2007.

(Source: Central Bank)

[Top] Financial Indicators & Government Financial

Consumer Price Index

Chad Consumer Price Index

(Source: IMF)

Interest rates on saving deposits / time deposits

The interest rate on deposits in Chad in the year 2009 was 3.3% as compared to 3.8% in 2008.

(Source: World Bank)

Money supply (Currency in Circulation)

Chad Money Aggregates

(Source: AFDB page no- 137)

Government Expenditure

Total expenditure of government of Chad is XAF 979.5 billion in the year 2010, which grew by 10.54% over the previous year.

(Source: Central Bank)

Public Debt levels

The total external public debt in the year 2009 amounted to USD 1,533 million as compared to USD 1,535 million in 2008.

(Source: AFDB page no - 137)

Official exchange rate

Chad Exchange rate

(Source: AFDB page no - 137)

Government finances

Fiscal balance

Chad Fiscal Balance

(Source: Central Bank)

Total Revenue

Total revenue in the year 2010 amounted to XAF 877.3 billion as compared to XAF 562.7 billion in 2009.

Total Revenue of Government of Chad (XAF billion)

 

2010

2009

Total revenue

877.3

562.7

Oil revenues

552.5

287.8

Non-oil revenue

324.8

274.9

Tax Revenue

297.9

250.6

Non-tax revenues

27.0

24.3

(Source: Central Bank)

Tax revenue

The non-oil tax revenue of the country in 2010 amounted to XAF 297.9 billion as compared to XAF 250.6 billion in 2009.

(Source: Central Bank)

Current Account Balance - Surplus/Deficit

Chad Current account balance

(Source: IMF)

Balance of Payments

Balance of Payments (XAF billion)

 

2009

2008

Current account balance

-630.6

115.0

Capital accountoffinancial operations

339.0

220.4

Errorsandomissions

-27.5

-122.5

Overall Balance

-319.1

212.9

(Source: Central Bank)

[Top] Labour Force and Employment Overview

Total labour force in Chad was 4.28 million in 2009, as compared to 4.19 million in the year 2008. Of the total labour force females accounted for 45% in the year 2009.

(Source: World Bank, World Bank)

Labour Force Participation Rate

In 2008, the labour force participation rate for females and males was recorded at 71.2% and 77.2% respectively.

(Source: UN)

Minimum Wage

Minimum wage for a 19 year old worker or an apprentice is USD 71.9 per month.

(Source: doingbusiness.org)

Level of Unionisation

The workers in the country are free to form and join unions except for those in the armed forces. The country’s law also recognises the right to collective bargaining.

(Source: estandardsforum.org)

Following are the major trade unions in Chad:

  • Confédération Libre des Travailleurs du Tchad (CLTT)
  • Union des Syndicats du Tchad (UST)

(Source: ICFTU)

[Top] Political Stability

The government type in Chad is Republic. The constitution of the Chad was adopted on 31 March of 1996.

The government system in the country is comprised of executive branch, legislative branch and judicial branch.

The executive branch includes the President, the Prime Minister and the Council of State. The President is the head of the state and of the armed forces. The Presidential elections are through a secret, universal, adult ballot. The Prime Minister is the head of the government and is appointed by the President.

The legislative branch includes the Parliament, known as the National Assembly. The National Assembly has a statutory requirement of 188 members, who are directly elected for a term of four years.

(Source: State.gov, eisa.org, IPU)                                                                                                                   

Major political parties in Chad include:

  • The Patriotic Salvation Movement
  • Coalition for the Defence of the Constitution

 (Source: State.gov)

 Regulatory Environment in Chad

The President of the country has the right to appoint and dismiss the Prime Minister. He also has the right to appoint and dismiss council ministers on the advice of the Prime Minister. The legislative powers are exercised by Parliament.

(Source: eisa.org)

Chad Economic Freedom Indices

(Source: heritage.org)

The country’s economic freedom score is 45.3 making its economy 165th freest in the 2011 Index of Economic Freedom. It is ranked 41st out of 46 countries in the Sub-Saharan Africa region.

Corruption perception

Chad is placed on 171st rank with a score of 1.7 on Corruption Perceptions Index (CPI) 2010, indicating high levels of corruption in the public departments. The Corruption Perceptions Index (CPI) is a survey to measure the perceived level of corruption across countries worldwide.

(Source:transparency.org)

Freedom of Information

The media in Chad is restricted. The major medium of mass communication in the country is radio.  The country has various radio channels and a state owned television station “Teletchad”.

(Source: BBC)

World Press Freedom Index 2010 ranks Chad at 112th rank with a score of 33.17. (Source: rsf.org)

Newspapers

  • Le Progres
  • N'Djamena Hebdo
  • L'Observateur
  • Le Temps
  • Notre Temps

(Source: BBC)

Judicial system

The judicial system in the country comprised of:

  • Supreme Court
  • Court of Appeal
  • Tribunals and Magistrates' Courts
  • Constitutional Council

The Supreme Court is the highest court of justice. The Constitutional Council has jurisdiction in constitutional issues and conflicts. It also adjudicates in cases regarding presidential and legislative elections.

The Supreme Court consists of 16 members, including a presiding judge appointed by the President on the consultation with speaker, eight judges appointed by the President and seven judges are appointed by the Speaker.

(Source: eisa.org)

[Top] Demographic Overview

Total population of the country was 11.2 million in the year 2009, as compared to 10.9 million in the year 2008.

Of the total population, males accounted for 49.7% and females accounted for 50.3%.

(Source: AFDB)

Chad Population by gender

(Source: AFDB)

Gender Ratio

Gender ratio in the country is marginally imbalanced as the country has 98.8 males per 100 females in the year 2009.

(Source: UN)

51.44% of the population is in the age group of 15-64, followed by 45.7% below 14 years and 2.84% of the population lies under the age group of above 65 years.

Population  by Age (years)

No of People

0-14

5,122,010

15-64

5,765,165

Above 65

318,977

(Source: AFDB page no - 137)

Mortality Rate 

Total mortality rate in the country was 16.5 deaths per 1000 population in 2009, as compared to 16.7 deaths per 1000 population in the year 2008. Infant mortality rate in the country was 129.9 infant deaths per 1000 live births in the period of 2005 to 2010.

(Source: AFDB page no – 137, UN)

Birth Rate

Total birth rate in the country was 45.3 births per 1000 population in the year 2009, as compared to 45.7 births per 1000 population in the year 2008.

(Source: AFDB page no – 13)

Average Life Expectancy rate

Average Life Expectancy rate at birth for males was 47.4 years and 50 years for females.  (Source: UN)

Migration and Urbanisation

International migrant stock of the country was 388,300 individuals, which accounted for 3.4% of the total population.

(Source: UN)

In 2009, 27.1% of the population lived in urban areas.

(Source: AFDB page no - 137)

Human Development Index

The country was placed at 163rd rank on the Human Development Index 2010, conducted by United Nations. The HDI provides a composite measure of three dimensions of human development: living a long and healthy life (measured by life expectancy), being educated (measured by adult literacy and gross enrolment in education) and having a decent standard of living (measured by purchasing power parity, PPP, income).

(Source: UNDP)

[Top] Soft Infrastructure

Literacy Rate

The adult literacy rate (15 and above) was 31.8% in the year 2010.

(Source: UNDP)

Educational Resources

The education system in the country is comprised of three stages such as Pre-primary, Primary and Secondary education.

The student to teacher ratio in the country is 69:1 in primary schools. The enrolment rate in primary schools is 70% for boys and 48% for girls. The enrolment rate for boys and girls in secondary schools is 16% and 5% respectively.

The education infrastructure is poorly developed due to inadequate financing. Public expenditure on education in the year 2005 was 10.1% of the budget.

(Source: UNESCO, AFDB page no - 137)

Health care

The country has 3.4 physicians and 23.8 nurses per 100,000 populations in the year 2005. In 2004, the country had 40 hospital beds per 100,000 individuals.

(Source: africaneconomicoutlook.org, estandardsforum.org)

Public expenditure on health was 2.7% of the GDP in the year 2007, as compared to expenditure of 2.6% in the year 2006.

(Source: UNDP)

[Top] Hard Infrastructure

The mass public transport in the country is mainly roadways.

Roadways

The country has road network with a length of 33.400 kilometres, of which 0.8% is paved.

(Source: estandardsforum.org)

Airports

Town

Airport name

Runway length (ft)

Abeche

Abeche

9,100

Faya Largeau

Faya Largeau

7,500

N'Djamena

N'Djamena

9,100

Bardai

Zougra

5,900

Bongorb

Bongor

5,200

Mongo

Mongo

5,900

Moundou

Moundou

5,900

Pala

Pala

5,200

Sarh

Sarh

5,900

(Source: Air charter world)

Telecommunications networks

The country had 16.7 telephone subscribers per 100 inhabitants in the year 2008.

Chad Telephone subscribers

(Source: UN)

The country has 187,800 internet users as of June 2010 or 1.8% of the population.

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