As
per International Monetary Fund (IMF) Chad’s nominal gross domestic product is
expected to grow at a CAGR of 3.21% from it’s 2015 level of XAF 6474.07 billion
and reach XAF 8074.34 billion by 2022.
Chad,
officially the Republic of Chad, is a landlocked country in Central Africa. It
shares its borders with Libya to the north, Sudan to the east, the Central
African Republic to the south, Cameroon and Nigeria to the southwest and Niger
to the west. Chad is one of the poorest and most corrupt countries in the
world; most 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.
Chad
had estimated population of 11.855 million in the year 2016 and expected to
reach 13.45 million by 2022, growing at a CAGR of 2.18.
Chads
real gross domestic product (GDP) was around XAF 5231.46 billions in 2016
whereas the nominal GDP was XAF 5987.90 billions. This resulted in GDP deflator
114.459. Per capita GDP was estimated at USD 852.159 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 2445.18.
In
2016, Chad governments revenue was XAF 777.448 billions whereas the expenditure
was XAF 853.665 billions. This resulted Chad governments net lending /
borrowing negative in 2016 at XAF 76.217 billion in 2016 indicating that enough
financial resources were not made available by the government to boost economic
growth.
The
current account balance for Chad was estimated to be negative at USD 0.885
billions for the year 2016 and is expected to decrease at a CAGR of 11.41% and
reach USD 0.577 by 2022. This negative current account balance indicates the
Chad is a net borrower from the whole world.
Scope of the Chad PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Chad.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Chad.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Chad.
- These reports provide risk analysis for Chad.
For
more information and to purchase Chad
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/chad-pestel-analysis-market-research-report
For
more information and to purchase Chad
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/chad-swot-analysis-market-research-report
For
more information and to purchase Chad
Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/chad-risk-analysis-market-research-report
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