Source: world bank Nominal/PPP
Summary:
Chad GDP Per Capita expanded from 1960 to 2024, increasing from $0.31 to $19.52 .The compound annual growth rate (CAGR) averaged 6.69% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 37.23%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
Chad Economic Phases (1960 - 2024)
From 1960 to 2024, Chad economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1961–1962) indicating robust economic expansion
- High Growth (1964–1965) indicating robust economic expansion
- Expansion (1966–1969) indicating steady moderate growth
- High Growth (1971–1973) indicating robust economic expansion
- High Growth (1977–1978) indicating robust economic expansion
- Contraction (1982–1983) indicating temporary slowdown
- High Growth (1984–1985) indicating robust economic expansion
- High Growth (1987–1988) indicating robust economic expansion
- High Growth (1990–1991) indicating robust economic expansion
- Crisis (1993–1994) indicating severe economic downturn
- High Growth (1995–1996) indicating robust economic expansion
- High Growth (2001–2008) indicating robust economic expansion
- High Growth (2010–2012) indicating robust economic expansion
- Crisis (2015–2016) indicating severe economic downturn
- High Growth (2021–2022) indicating robust economic expansion
- High Growth (2024–2024) indicating robust economic expansion
The most remarkable growth occurred in 2005 with an increase of 95.708%, while the largest decline was in 1993 at -22.244%.