How much debt does Chad have?

In 2020, the national debt of Chad amounted to around 4.93 billion U.S. dollars.

How much external debt does Chad have?

In the long-term, the Chad Total External Debt is projected to trend around 845.59 FCFA Billion in 2021 and 881.95 FCFA Billion in 2022, according to our econometric models.

What is Chad’s debt as a percentage of the GDP?

In 2020, the national debt of Chad amounted to approximately 43 percent of GDP.

Chad: National debt in relation to gross domestic product (GDP) from 2016 to 2026.

Characteristic National debt in relation to GDP
2020 43%
2019 44.29%
2018 49.06%
2017 50.27%

How is Chad doing economically?

Chad’s economic freedom score is 50.4, making its economy the 158th freest in the 2021 Index. Its overall score has increased by 0.2 point, primarily because of an improvement in government integrity.

What is Chad’s inflation rate?

In 2020, the average inflation rate in Chad amounted to about 3.48 percent compared to the previous year.

Chad: Inflation rate from 1986 to 2026 (compared to the previous year)

Characteristic Inflation rate compared to previous year
2020 3.48%
2019 -0.97%
2018 4.04%
2017 -0.9%
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What is the unemployment rate in Chad?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Chad unemployment rate for 2020 was 2.26%, a 0.35% increase from 2019. Chad unemployment rate for 2019 was 1.91%, a 0.02% increase from 2018.

Why is Chad so dangerous?

Chad is extremely dangerous due to the risk of terrorism, kidnapping, unrest and violent crime. … Violent conflict with armed rebels has occurred in northern Chad following national elections on 11 April. Terrorist attacks are also a major risk in Chad, especially by the Nigerian militant group Boko Haram.

Is Chad poor or rich?

Chad is one of the poorest and most corrupt countries in the world; most of its inhabitants live in poverty as subsistence herders and farmers. Since 2003 crude oil has become the country’s primary source of export earnings, superseding the traditional cotton industry.

Why is Chad so poor?

As Chad’s climatic conditions can change drastically from droughts to torrential rains and flooding, the nation lacks reliable production of harvests, which is the main answer to the question, “Why is Chad poor?” Because the amount of rainfall varies drastically from one year to the next, harvests of staple foods such …

What country is debt free?

Which Countries Have The Lowest National Debt?

Rank Country Debt-to-GDP Ratio
1 Macao SAR 0%
2 Hong Kong SAR 0.3%
3 Zimbabwe 2.4%
4 Brunei Darussalam 3.2%

How much is China’s debt?

According to a report by the Institute of International Finance in January 2021, China’s outstanding debt claims on the rest of the world increased from about US$1.6 trillion in 2006 to more than US$5.6 trillion as of mid-2020, making China one of the biggest creditors to low-income countries.

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